MBL Residence is a premium mixed-use residential complex located in the growing family area of Dubai Jumeirah Lake Towers. The building is a 40-storey skyscraper with 472 residential units. MBL Residence properties include one-, two- and three-bedroom apartments of 769-1378 square feet. All units feature panoramic windows overlooking the pool, lake and cityscape. There are fully equipped kitchens and bathrooms with modern plumbing. Homes are priced from AED 1,060,000 (USD 288 600).
The developers of the project are MAG Group. The National Engineering Bureau acted as the main architectural consultant. The project launched in September 2015 and the building was fully completed in 2020.
The project features the following amenities:
MBL Residence is built in the popular and convenient area of Jumeirah Lake Towers, next to a picturesque park area. Residents of the complex have access to the major highway Sheikh Zayed Road. Within a 10-minute drive of the complex is the popular resort area, Dubai Marina, with its namesake shopping center, yacht club and seafront promenade. Also within a 10-minute drive are sought-after communities such as Discovery Gardens and Emirates Hills, with a golf club of the same name.
The nearest JLT bus stop, Dubai Star Tower is about a 5-minute walk away. Within a 15-minute walk from the complex there is a pizzeria, a burger joint, several cafes and restaurants of Asian and European cuisine. The nearest Kids Kingdom Nurseries in JLT and the clinic at Me Do Re Residential Tower are a 10-minute walk away.
Accessible by car are:
Thanks to its convenient location near medical and educational centers and retail stores, tenants can live in perfect comfort. The complex is also close to cafes, restaurants and luxury hotel complexes.
The residential complex is characterized by comfortable properties with practical planning solutions. The average payback period of the apartments is 6.38%, which offers a good profit to owners.
MBL Residence is a mixed-use complex with a high level of amenities, affordable price and the ability to move in immediately after purchase. Due to the optimal payback period, the properties are of interest not only for personal use, but also for making investments in.
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