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Flat 64 м² in Dubai, UAE (United Arab Emirates)

ID 4OV0K
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Area
64 m²
Bedrooms
1

Description

Flat in Dubai. City - Dubai

ID D1118_MBL_ROYAL_RESIDENCES

MBL Royal Residences - one of the latest off-plan projects in JLT. In the residential building in cluster K, apartments ranging from 1-3 floors will be located with spacious layouts and ‘quirky’ interiors. One of the key features of the building will be the living room, the interior of which will be done in gray color, made of wood, black marble, and steel. Each room will have one balcony and at least 2 bathrooms. The levels of the building will be divided into 3, depending on the number of bedrooms.

Location Features:

  • MAINLY RESIDENTIAL AND OFFICE BUILDINGS
  • ALL LOCAL AMENITIES WITHIN WALKING DISTANCE
  • PUBLIC TRANSPORT WITHIN MINUTES WALK
  • LARGE SELECTION OF RESTAURANTS AND ENTERTAINMENT VENUES
  • CLOSE TO TOURIST CENTER JBR
  • CLOSE TO DUBAI PORT
  • EASY ACCESS TO SZR
  • ONE OF THE BEST INFRASTRUCTURES IN DUBAI
  • GREAT VIEW OF YACHT HARBOR AND SURROUNDINGS
  • 30 MINUTES DRIVE TO DXB AIRPORT
  • 20 MINUTES DRIVE TO DOWNTOWN DUBAI

Amenities:

  • FAMILY POOL
  • CHILDREN'S PLAY AREA
  • KIDS' POOL
  • SAUNA
  • JACUZZI
  • BBQ AREA
  • RESIDENTS' LOUNGE
  • GYM
  • CONCIERGE

Areas and Prices:

  • 1 BEDROOM - FROM 64 SQ.M. FROM 1,300,000 AED
  • 2 BEDROOM - FROM 135 SQ.M. FROM 2,100,000 AED
  • 3 BEDROOM - FROM 185 SQ.M. FROM 3,600,000 AED

Local Infrastructure:

  • SUPERMARKETS: City Cart Supermarket, Big Value Mart, Spinneys, Near Me Minimart DMCC
  • PUBLIC TRANSPORT: Metro MTERO - DMCC, BUS - JLT Dubai Star Tower, JLT Silver Tower
  • SCHOOLS/NURSERIES: Kids Kingdom Nurseries, Oakfield DMCC Early Learning Center, Emirates Hills Dubai British School, Emirates International School
  • MEDICAL FACILITIES: Medicare JBR Medical Center, Dr. Kays Medical Center, Araks Medical Center, Life Medical Center DMC
  • RETAIL/F&B: JBR Walk, Dubai Marina Mall, JLT, Dubai Marina Yacht Club
  • GAS STATION: Wafco - WIC, ENOC - 1086
  • ATTRACTIONS: Dubai Marina, Palm Jumeirah, JBR, Dubai Marina Mall

All apartments in MBL Royal Residences are marble finished, with dark furniture and finishes creating a sense of luxury. All apartments will have floor-to-ceiling windows and at least one balcony. Signature appliances will be installed in all kitchens, with high-quality hardware and premium-class lighting used in each room.

Key Features:

  • KEY FEATURE OF THE BUILDING WILL BE A RESIDENTIAL LOUNGE
  • VERY SPACIOUS LOBBY
  • ALL APARTMENTS FURNISHED
  • 3BR UNITS HAVE A MAID'S ROOM AND ATTACHED BATHROOM
  • ALL RESIDENCES HAVE A BALCONY
  • FLOOR-TO-CEILING WINDOWS USED IN ALL APARTMENTS

Buying Advantages:

  • JLT - ONE OF THE MOST SOUGHT-AFTER REAL ESTATE AREAS IN DUBAI
  • GREAT INVESTMENT RETURNS POTENTIAL, AS SIMILAR RESIDENTIAL TOWERS IN JLT AREA GENERATE 7.6%
  • WIDE RANGE OF AMENITIES ON-SITE
  • GREAT LOCATION WITH EXCELLENT ROAD NETWORKS AND PUBLIC TRANSPORT OPTIONS
  • HIGHLY POPULAR RESIDENTIAL DESTINATION, WITH SEVERAL HOTELS IN THE AREA
  • AMIDST A HOST OF OTHER RESIDENTIAL TOWERS, COMMERCIAL, AND OFFICE BUILDINGS
  • 80% OF APARTMENTS HAVE LAKE VIEWS, PROVIDING A VIEW OF THE LAKE
  • ONE OF THE LATEST OFF-PLAN PROJECTS IN JLT

Payment Plan: 40/60 upon completion

Investment Returns: 7.6%

Developer Information:

Since 1978, MAY Development has been a real estate arm of the MAG Group, a multinational conglomerate based in the UAE. As one of the largest corporations in the region, MAG Group Holding holds leading positions in real estate, contracting, engineering, industrial and commercial trading, freight transportation, and hotel business. Today, MAG Development's interests range from innovative initiatives in building affordable housing and luxury complexes to providing health-oriented living in the UAE.

Things to Know:

  • SERVICE CHARGE: AED 15-16 PER SQ.FT
  • DEDICATED PARKING: YES
  • RESALE POLICY: NOT ON PLAN AFTER 40% PAYMENT. READY PROPERTIES - ANYTIME.

Characteristics

Property type
Residential Properties
Number of rooms
1
Object type
Flat
Price
354 010 $
Floor
21

FAQ

How can I get a residence permit by buying property in UAE (United Arab Emirates)?

In UAE (United Arab Emirates) a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Dubai; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.

Is a mortgage available for non-residents in UAE (United Arab Emirates)?

Banks in UAE (United Arab Emirates) finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.

What taxes and fees apply when buying in UAE (United Arab Emirates)?

Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.

How is the title checked in UAE (United Arab Emirates)?

A title search at the land registry of UAE (United Arab Emirates) takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.

Can I rent out property after purchase in UAE (United Arab Emirates)?

Yes. Rental income tax is 5–25% depending on the regime. In Dubai short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.

Is a property inspection recommended before purchase?

Yes. An inspection costs about 0.5–1% of the price (354 010 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

How long does the purchase process take in UAE (United Arab Emirates)?

A typical transaction runs 30–90 days, averaging 45 in Dubai: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

Related sections

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