Developer Deal
Keturah Reserve Apartments
MAG GroupFrom
AED 2,840,000
Handover
Q2 2027
Payment Plan
—
Down Payment
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Back to Developer Deals
DLD Waiver
—
Discount
—
Handover
Q4 2024
Post Handover
—
Payment Plan
40%
60%
10% down
About MBL Royal
MBL Royal is a new, mixed-use luxury tower from MAG Property Development, which is the luxury real estate development arm of MAG Group, one of the region’s biggest corporate entities. The 42-storey building is located in the JLT area, in Cluster K. MBL Royal features a limited collection of 1, 2 and 3-bedroom luxury apartments, with property sizes range from 769 to 2,309 sqft. All residences in t…
Project documents
Payment schedule
10/30/30/30 Payment Plan
- Deposit
- 10%
- During construction
- 30%
- On handover
- 30%
- Post-handover
- 30%
Market Intelligence
Completed transactions in MBL Royal
Median sale price/sqft
AED 1,892/sqft+13.4%
Median sale price
AED 1,800,000
Median price/sqft over time
Jan 24Range AED 1,652 – AED 2,006Dec 24
Transaction activity
LiquidityStrongPrice momentumRising
77 sales and 0 rentals in the last 12 months
Off-plan vs ready
Off-plan 75.3%Ready 24.7%
Primary vs resale
Primary 75.3%Resale 24.7%
Recent transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2024-12-30 | MBL Royal | 3 | 2,251 sqft | AED 4,550,000 | 2,022 |
| 2024-12-30 | MBL Royal | 1 | 879 sqft | AED 1,800,000 | 2,047 |
| 2024-12-30 | MBL Royal | 3 | 2,240 sqft | AED 4,100,000 | 1,830 |
| 2024-12-30 | MBL Royal | 3 | 2,240 sqft | AED 4,100,000 | 1,830 |
| 2024-12-30 | MBL Royal | 1 | 879 sqft | AED 1,800,000 | 2,047 |
| 2024-12-30 | MBL Royal | 3 | 2,251 sqft | AED 4,550,000 | 2,022 |
Completed transactions in Jumeirah Lake Towers (JLT)
Median sale price/sqft
AED 1,608/sqft+17.5%
Median sale price
AED 1,450,000
Gross rental yield
6.1%
Median annual rent
AED 88,402
Median price/sqft over time
Dec 23Range AED 1,224 – AED 2,167Dec 24
Community activity
LiquidityStrongPrice momentumRising
5,527 sales and 14,303 rentals in the last 12 months
Off-plan vs ready
Off-plan 50.9%Ready 49.1%
Primary vs resale
Primary 50.9%Resale 49.1%
Recent transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2024-12-13 | Sobha Verde | 3 | 1,787 sqft | AED 3,733,973 | 2,090 |
| 2024-12-13 | Upper House West | 3 | 1,878 sqft | AED 3,490,000 | 1,858 |
| 2024-12-13 | South Tower | 2 | 1,479 sqft | AED 3,679,828 | 2,488 |
| 2024-12-13 | W Residences | 2 | 1,572 sqft | AED 4,050,225 | 2,576 |
| 2024-12-13 | Sobha Verde | 2 | 1,366 sqft | AED 2,807,007 | 2,055 |
| 2024-12-13 | Sobha Verde | 2 | 1,366 sqft | AED 2,827,496 | 2,070 |
Estimates are based on completed transactions and are not an official valuation. Data as of 2024-12-31.
Request the full payment plan for MBL Royal
Our team will send you the complete payment schedule, floor plans and current offer from MAG Group.
- • Full payment plan + down payment
- • Available unit types and launch prices
- • Early-bird offers before public launch
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Frequently asked questions about MBL Royal
- What is the handover date for MBL Royal?
- MBL Royal is scheduled for handover in Q4 2024.
- What is the starting price of MBL Royal?
- Prices start from AED 1,060,000. Contact our team for current availability.
- Who is the developer of MBL Royal?
- MBL Royal is being developed by MAG Group.
- Where is MBL Royal located?
- MBL Royal is located in .