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MBL Reasidence

MBL Residence Tower located at the heart of Dubai’s waterfront community — Jumeirah Lakes Towers. The development stands in an unparallel location where business and pleasure come together, and the nearby popular neighbourhoods such as the Jumeirah Beach Residence, Marina Walk, Emirates Golf City, Emirates Hills and Palm Jumeirah. Jumeirah Lake Towers free zone comprises of modern infrastructure, free hold properties, trade networking platforms in addition to secure vaults and purpose-built storage facilities.

Why Invest at MBL RESIDENCE?

  • Located in JLT and next to Dubai Marina that are already established and thriving destinations.
  • MBL Residence is one of the last off-plan projects in JLT.
  • Dubai Marina and JLT were among the top 4 locations for secondary market transactions.
  • 60% units have Almas West Lake view.
  • Proximity to 2 metro stations, airports, business centers and popular neighbourhoods of Dubai.
  • Price performance: Dubai Marina and JLT are both among the top 10 most expensive destinations in Dubai. Dubai Marina ranks 5th, and JLT ranks 9th for its proximity to Dubai Marina, which therefore increases the market value of MBL Residence.
  • Rent performance: Dubai Marina and JLT are among the top 10 most expensive destinations for rent as well. Dubai Marina ranks 4th and JLT ranks 9th.
FACILITIES:

  • High-end finishing throughout the tower
  • High speed elevators
  • Barbecue area on the podium level
  • Steam room
  • Central air conditioning
  • Allocated covered parking for each unit
  • Modern gymnasium
  • Almas West Lake view apartments
  • Swimming pool
  • Jumeirah Islands view apartments
  • Professionally landscaped surroundings
  • Grand entrance, modern lobby and luxury corridors
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Lease process (Rent out)
Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership
Ad placement

1 day

Ad placement:
  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.
Signing of the lease agreement

Up to 2 days

Signing of the lease agreement
Expenses of the seller:

None

Additional services:

Property management

Lease process (Rent)
Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.
Real estate search.

Up to 5 days

Real estate search.

Selection of optimal options.

Signing of the lease agreement

Up to 2 days

Signing of the lease agreement
Expenses of the lessee:

-5% agency commission of the annual contract price

Additional services:

None

Purchase process
Contract of the tenant and agency.

1 hour

Contract of the tenant and agency.
Property Selection

~ 2 weeks secondary

~ 3 weeks new building

Property Selection

Selection of optimal options

Registration of the contract of purchase / sale

1 Week

Registration of the contract of purchase / sale
Customer charges:
  • 2% from purchase at transaction
  • 4% - registration of the transaction at registration
Additional services:

Property management

Sales Process
Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership
Ad placement

1 day

Ad placement:
  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.
Signing of the lease agreement

Up to 2 days

Signing of the lease agreement
Expenses of the seller:

None

Additional services:

None

the management process
Contract of the owner and agency

1 hour

Contract of the owner and agency
Rendering of management services

1 year

Rendering of management services
Reporting

1 day

Reporting
Expenses of the owner:

5% of the annual rental price

Additional services:

None

Investment Process
Contract of the tenant and agency.

1 hour

Contract of the tenant and agency.
Selection of optimal investment options

From 3 days

Selection of optimal investment options
Registration of the contract of purchase / sale

1 Week

Registration of the contract of purchase / sale
Expenses of the investor:
  • 2% when investing in the secondary market
  • 0% when investing in a new building
  • 4% - registration
Additional services:

Property management