Mbl Residence (Mag)

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Developer Name

Mag Property Development

MAG Property Development is the real estate development arm of MAG Group Holding. MAG PD is one of the largest names in the region’s real estate industry, with current project estimates at over USD 5 billion. The company focuses on developing and delivering exceptional projects that are created... with the aim of enhancing lifestyles and providing long-term benefits to both investors and customers. Their developments span from luxury high-rise residential towers and vast multi-billion dollar communities, to innovative real estate projects that feature wellness-focused lifestyles. Read More

Located in Cluster K, Jumeirah Lake Towers, MBL Residence is a new mixed-use luxury tower.

Developed by Mag Property Development this project features a range of spacious 1, 2 and 3 bedroom apartments spread across 40 floors. Also featured within the project is a variety of retail and F&B outlets adding to the convenience of future residents.

Project amenities include a fully equipped gym, steam and sauna, an outdoor swimming pool, and a barbecue patio exclusively for residents.

With apartment prices starting from at AED 885,000 this project should appeal to both end users and  investors. Due for completion in Q4 2019 MBL Residence is also one of the very last opportunities to purchase off plan in the JLT community.

perfectly located at your destination

Highlights

MBL RESIDENCE PROJECT HIGHLIGHTS

  • Located in Cluster K which offers excellent in and out access
  • High Quality development with 1st class finishing
  • Due for Completion in Q4, 2019 and one of the last opportunities to by new in JLT
  • A project by a quality developer with an excellent reputation for quality and timely delivery

Payment Plan

Payment Plan

Our payment plan is designed to provide flexibility and ease throughout the buying process. It begins with a 10% downpayment to secure your property. During the construction phase, you will make payments totaling 50% of the property value, ensuring a smooth and progressive investment. The remaining 40% is due upon handover, allowing you to complete your purchase comfortably as you take possession of your new home. This structured plan ensures that your financial commitments are manageable and aligned with the project's timeline.

  • 10% at Booking
  • 5% Every 3 Months (25%)
  • 65% on Completion in Q4 2019

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Download Floorplan

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