MBL Residence

MBL Residence at Jumeirah Lakes Towers

MBL Residence is a coming of age residential development by MAG Property Development in the vibrant neighborhood of Jumeirah Lakes Towers comprising of 1BR & 2BR apartments with posh state-of-the-art facilities.

MBL Residence Overview

Starting Price AED 1,229,000
Price Per Sqft from AED 1,619
Area from759 Sqft.
Type Apartments
Bedrooms 1BR2BR3BR
Location Jumeirah Lakes Towers
DeveloperMAG Property Development
Developer Projects15
Est. Completion Q2 2020
Views6k

MBL Residence by MAG Property Development

MBL Residence by MAG Properties is a high-rise residential and commercial project located in the K-Cluster of the Jumeirah Lake Towers master development. Standing 42-floors high, the premier tower is designed with classic architecture and modern accents, complete with a 5-star lobby. The homes boast of magnificent views of the sea, lake and the majestic Al Mas Tower.

MBL Residence in JLT | MAG Property Development

The residences exude the elegance and style of a five-star hotel and are fully-equipped with a wealth of exciting amenities including a gymnasium, pool, barbeque area, and kids’ playground. MBL Residence also provides retail shops at the ground and lower ground floors, providing convenient shopping to its residents. The residents have a fully-secured and safe parking space in the basement area.

MBL Residence is an ideal place for both families and young professionals, offering the balance of work and leisure, as well as comfortable living spaces in 1, 2 and 3-bedroom units.

MBL Residence in JLT | MAG Property Development

Amenities

  • Gymnasium
  • Swimming pool
  • Barbeque Area
  • Kid’s Playground
  • Retail shops
  • Fully-secured parking space

MBL Residence in JLT | MAG Property Development

Payment Plan

InstallmentMilestonePercentage (%)
1st InstallmentDown Payment10%
2nd InstallmentWithin 1 Month5%
3rd InstallmentJanuary 20205%
4th InstallmentOn Handover (June 2020)10%
5th InstallmentOver 10 years After Completion (7% each year)7%

Limited Offer Till 15 Nov 2019

  • 100% DLD Waiver
  • 100% Admin Charge Waiver
  • Pay Only 10% & Book Your Unit
  • Price Starting at AED 1.229 Million

MBL Residence Price Range

The sizes & prices above may not be updated. To get updated sizes & prices, click here.
The sizes & prices above may not be updated. To get updated sizes & prices, click here.

MBL Residence Video

MBL Residence Location Map

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Jumeirah Lakes Towers
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This location in the map may not be exact. To get exact location, click here.

Construction Updates of MBL Residence

The construction photos of the project above may not be updated. To get latest construction updates, CLICK HERE.
The construction photos of the project above may not be updated. To get latest construction updates, CLICK HERE.

MBL Residence Escrow Account

Bank EMIRATES NBD BANK (P.J.S.C)

MBL Residence Escrow Account

Account Name MBL RESIDENCE

MBL Residence Escrow Account

Account Number 0205342713702

MBL Residence Escrow Account

Project No. 1934

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