MBL Royal

Key facts

Handover (past)

Q1 2025

Status

Ready

Ownership

freehold

Property types

apartment

Availability

Sold out

How MBL Royal compares

Entry here is AED 1.5M, against a median of AED 1.4M across the 2 priced projects in JLT Cluster K, the highest entry price in the community. The plan opens at 10% down, against a Dubai median of 10%, in line with the market. Handover lands in Q1 2025, alongside 55 other projects completing in the same quarter. MAG Property Development has 18 projects in our catalogue, 2 of them in JLT Cluster K.

Measured across our own catalogue of Dubai off-plan projects, refreshed with the source listings. Entry price is the lowest advertised unit price in a project, not an average transaction value.

Payment plan

Available units

Amenities

• Landscaped Parks
• Health Club
• Gymnasium
• Restaurants
• Shared Spa
• Security
• Concierge
• Maid Service
• Covered Parking
• Built in Wardrobes
• Walk-in Closet
• Kitchen Appliances
• Maids Room
• View of Landmark
• Pets Allowed
• Shared Gym
• Lobby in Building
• Children's Pool
• Children's Play Area
• Barbecue Area
• View of Water
• Central A/C
• Balcony
• Shared Pool

Location

MBL Royal sits in Jumeirah Lake Towers.

Master plan

The developer’s own site plan for MBL Royal, showing how the buildings, roads and open space sit together.

What you pay, and when

At launch, payments were staged 10% on booking, 30% during construction, 20% at handover and 40% after handover. Buying now means a resale from a private owner, on whatever terms the two sides agree.

On top of the price, the Dubai Land Department charges 4% to register the sale, about AED 70,000 at this resale price. Under Dubai's Law 8 of 2007, that 10% booking payment goes into a RERA-supervised escrow account rather than to MAG Property Development directly, and is drawn down against certified construction progress.

What the entry price works out at

The cheapest unit with a published size is 848 square feet at AED 1,514,904, which works out at AED 1,786 per square foot. Stated sizes run from 848 to 2,308 square feet.

Handover and construction

The handover on record for MBL Royal is Q1 2025.

Ownership and residency

Ownership at MBL Royal is freehold: a buyer of any nationality can own a unit outright and hold the title deed. The cheapest resale listed falls short of the AED 2,000,000 property threshold for the 10 year UAE golden visa, though 2 bedroom units here start at AED 2,549,237 and clear it on their own.

Who it suits

The development is apartments in 1 to 3 bedroom layouts. 1 bedroom units start at AED 1,514,904 and 3 bedroom units at AED 4,028,424, so one building covers a first rental purchase and a family home. The developer has sold out, so anything available here is a resale from a private owner.

What is on site

The shared facilities recorded for MBL Royal start with landscaped parks, health club, shared spa, concierge, maid service, covered parking, built in wardrobes and walk-in closet, alongside the gymnasium, restaurants, security, children's play area, barbecue area and shared pool that most Dubai developments carry. 10 further facilities are listed in the full spec. 5 floor plans are published for it.

Frequently asked