MBL Residence at JLT

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Al Tanyah Fifth, Jumeirah, Dubai

  • 472   Units
  • 40 Floors
  • Completed (Jun 2020)
For Sale (5 Units)  From AED565,000
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MBL Residence at JLT

(Write Review)
Al Tanyah Fifth, Jumeirah, Dubai
472 Units
40 Floors
Completed (Jun 2020)
For Sale (5 Units) From AED565,000

Project Features

Communal Pool Communal Gym 24H Security CCTV (Video Surveillance) Car Parking Reception Lobby Area

Prices by Room Types

Available Units at MBL Residence at JLT

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  • Price & Availability Last Updated: Feb 13, 2020

Payment Plan

100% DLD Waiver
Installment Milestone Payment
1st Installment
Down Payment
10%
2nd Installment
Within 1 month
5%
3rd Installment
Jan 2020%
5%
4th Installment
On Handover - Jun 2020
10%
5th Installment
Pay 7% every year over 10 years after completion
70%

MBL Residence at JLT in Al Tanyah Fifth, Dubai

MBL Residence at JLT is a condo and apartment project located in Al Tanyah Fifth, Dubai and was completed in Jun 2020. It has 472 units across 40 floors and was developed by MAG Property Development, who is also behind MAG Eye Apartments, MAG Eye Townhouses and MAG 318 at Business Bay.

About MBL Residence at JLT

MBL Residence by MAG Property Development is a new, mixed-use luxury tower of 1,2 and 3 bedroom apartments, complimented by retail, restaurants and lounge areas in the tower floors, and amenities that include a fully equipped gym, steam and sauna, an outdoor swimming pool, and a barbecue patio exclusively for residents. MAG MBL is located in the heart of Jumeirah Lakes Towers, and a short distance from popular Dubai attractions, shopping, and amenities including Dubai Marina Mall, The Beach JBR, schools and other services, and with easy access to major Dubai highways and public transportation.

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.

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United Arab Emirates

Al Tanyah Fifth

Neighborhood Overview


Surrounding area

MBL Residence at JLT is located 760 from Lake View Mart JLT and it can be reached within 3 mins by car.

There are many other shops situated in the area of MBL Residence at JLT, the 3 closest being:
- 7-Eleven is 0.8 km away (an approx. drive of 3 mins.)
- ZOOM is 5.0 km away (an approx. drive of 6 mins.)
- allday Marina Plaza is 8.3 km away (an approx. drive of 11 mins.)

The surrounding area, where MBL Residence at JLT is situated, offers a wide variety of restaurants. See the closest of them below:
- Cafe Isan - Authentic Thai Streetfood & Tea Bar Restaurant is 10 m away (a walk of about 1 min.)
- Jaw Kaaaak is 1.4 km away (approx. 4 mins. by car)
- Memsaab is 510 m away (a walk of about 6 mins.)

Cool Look Aesthetic & Fitness Center is the nearest health facility, which is 1.4 km away (you can drive there in 4 mins.) from the project, while the closest schools in the proximity of MBL Residence at JLT are:
- RedPointRAK is 500 m away (about 6 mins. by foot)
- Kids Kingdom Nursery School is 130 m away (about 2 mins. by foot)
- BMS Awakening Healing Academy is 450 m away (about 6 mins. by foot)

Dubai International Airport is located 39.4 km from MBL Residence at JLT and it takes about 33 mins. by car or taxi (depending on the traffic) to get there.

Frequently asked questions

Dubai Marina Mall is the closest Shopping Mall from MBL Residence at JLT and it is 3.62 km away.

Foreigners can own a condominium Freehold in their own name. Condominium ownership is best explained by looking at an example of a project that has 100 units for sale.

In this example, 49 of the total units in this building (or 49% of the total salable area) can be owned outright by non-thai nationals in their name.  The ownership titles of these 49 units is referred to as Freehold or Foreign Quota. 

This leaves 51 units remaining in the building (or 51% of the total salable). The freehold rights to these units are reserved for Thai nationals in what is commonly referred to as the Thai quota.

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After you have found the right property you have to follow these steps:

  1. Agreement of terms and conditions
  2. Reservation Agreement
  3. Reservation Deposit
  4. Sales and Purchase Agreement
  5. Settlement & Transfer

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Thailand has different visas like Spousal Visa, Retirement Visa, Student Visa and Elite Visa - just to name a few options. Each visa has different requirements but they are usually easy to obtain.

Read more here