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Under construction

Apartment in MBL Royal

1 650 000 AED

Bedrooms: 1
Bathrooms: 2
Square: 79.0
MBL Royal Residence

MBL Royal is a new luxury mixed-use tower from MAG Property Development, a division of MAG Group, one of the region’s largest luxury real estate development corporations. Commissioning of the facility is scheduled for the 4th quarter of 2024.

Location:

– MBL Royal is located in Cluster K of the Jumeirah Lakes Towers community, which has 3 artificial lakes. Neighboring areas include Jumeirah Heights, Meadows 2, Dubai Marina and Jumeirah Islands. The complex is located near First Al Khail Street and the main highway of the emirate – Sheikh Zayed Road.

— The JLT area has a well-developed infrastructure: 5 hotels, 3 universities, supermarkets, medical centers, retail outlets and restaurants, as well as parks and jogging tracks. Just a 10-minute walk from MBL Royal are Vanila Bridal Boutique, Tempo Dance Centre, Al Maya-JLT N Supermarket, In N Out Supermarket, Align Pilates DMCC Wellness Center and several restaurants. The large Almas Tower business center is located less than 15 minutes’ walk from MBL Royal.

– The area is approximately 30 minutes drive from Dubai International Airport (DXB). It’s about a 5-minute drive to Sheikh Zayed Road, but will take a little longer during peak hours. Dubai Media City is approximately 10 minutes’ drive away and DIFC is approximately 20 minutes’ drive away. If your destination is Downtown, you will get there in 20 minutes, depending on traffic.

Economic attractiveness:

– The minimum rental price for a 1-bedroom apartment at MBL Royal is AED 60,000 ($16,300) per year. Therefore, the estimated ROI would be 5 %.

— Another advantage of investing in real estate in this residential complex is the possibility of obtaining a 3-year investor visa, which allows the owner to sponsor members of his family.

— Payment plan: 30% during construction and 70% after completion.

In addition, thanks to the above advantages, you will be able to profitably resell this property or make it an object for personal use.

FACILITIES

Other Features
Air conditioner
Balcony
BBQ area
CCTV Security
Children playground
Children's swimming pool
Concierge service
Covered parking
Elevator
Fitness center and gym
Green spaces
Infinity pools
Jacuzzi
Lobby in the building
Pets allowed
Security and video surveillance
Smart House
SPA
Sports grounds
Water view
Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

Nailya Fadeeva

Real estate expert

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