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Project · #1544 by 12M value

MBL Residence

Jumeirah Lake Towers · MBL Development DMCC

Median price per sqft · last 3 months

AED 1,889 /sqft

3M like-for-like
—
vs 1 year ago
—
Sales 30D
2

Market bulletin · Thu, 22 Oct 2026

MBL Residence: 2 sales worth AED 4.87M in 30 days

MBL Residence recorded 2 sales worth AED 4.87M in the 30 days to Thu, 22 Oct 2026, down 33.3% on the previous 30 days. Over the last week 0 sales were registered (AED 0), against 1 the week before.

The median sale over the last three months was AED 1.57M, or AED 1,889/sqft.

By market over 12 months: secondary (ready) sales 100%.

In Jumeirah Lake Towers, MBL Residence ranked #11 of 11 leading projects by 12-month sales value; it is developed by MBL Development DMCC.

Leases registered in the last three months had a median annual rent of AED 95K. The best gross yield is on 1 BR apartments at about 6.4%.

Median AED/sqft

Monthly median of all registered sales

View data table
Median AED/sqft
DateAED/sqft
Oct 26—
Sept 26—
Aug 26—
Jul 26—
Jun 26—
May 26—
Apr 26—
Mar 26—
Feb 26—
Jan 26—
Dec 25AED 2,036
Nov 25—
Oct 25—
Sept 25AED 1,615
Aug 25—
Jul 25—
Jun 25—
May 25—
Apr 25AED 1,533
Mar 25AED 1,849
Feb 25AED 1,646
Jan 25AED 1,696
Dec 24—
Nov 24AED 1,584

Sales per month

Registered sales by market

View data table
Sales per month
DateOff-plan (developer)Off-plan resaleSecondary (ready)
Oct 26002
Sept 26000
Aug 26005
Jul 26000
Jun 26000
May 26000
Apr 26003
Mar 26000
Feb 26001
Jan 26004
Dec 25005
Nov 25004

Period comparison

This market against its own past: each window vs the one before it and vs the same window a year earlier.

Period comparison
WindowSalesvs priorValueAED/sqftvs prior
Last 1 month2down 33.3%AED 4.87M——
Last 3 months7up 250.0%AED 11.7M1,889—
Last 6 months9down 40.0%AED 16.0M1,898down 8.0%
Last 12 months24down 68.4%AED 41.8M2,036up 20.0%

Raw medians — the headline change above is like-for-like (same market, type and bedrooms).

Off-plan, resale and secondary (12M)
MarketSalesShareMedian priceAED/sqft1Y
Secondary (ready)24100%AED 1.62M2,036up 20.0%
By bedrooms (12M)
BedroomsSalesShareMedian priceAED/sqft1Y
1 bedroom1979%AED 1.61M2,062up 7.2%
2 bedrooms417%———
3 bedrooms14%———
By price band (12M)
PriceSalesShareMedian priceAED/sqft1Y
Under AED 2M1979%AED 1.61M2,062up 19.1%
AED 2M–10M521%AED 2.52M1,884up 14.5%

Rents & yields

Leases registered with Ejari / DLD.

Median annual rent

Monthly median of registered leases (new and renewed)

View data table
Median annual rent
DateAnnual rent
Oct 26AED 95K
Sept 26AED 96K
Aug 26AED 95K
Jul 26AED 102K
Jun 26AED 100K
May 26AED 113K
Apr 26AED 110K
Mar 26AED 120K
Feb 26AED 111K
Jan 26AED 120K
Dec 25AED 115K
Nov 25AED 110K
Oct 25AED 118K
Sept 25AED 110K
Aug 25AED 110K
Jul 25AED 115K
Jun 25AED 120K
May 25AED 115K
Apr 25AED 110K
Mar 25AED 113K
Feb 25AED 110K
Jan 25AED 110K
Dec 24AED 105K
Nov 24AED 110K
Leases (12M)
330
New leases
65.5%
Median rent 3M
AED 95K
Rent/sqft 3M
AED 119
Gross yield
1 BR apartmentsAED 103K / AED 1.61M6.4%
Rent by bedrooms (12M)
BedroomsLeasesMedian rentNew leasesAED/sqft/yr
1 BR194AED 103KAED 105K133
2 BR57AED 160KAED 155K120

Competing projects in Jumeirah Lake Towers

Compare

Other projects trading in the same community

Peers
NameSales 12MAED/sqft3M
Diamondz By DanubeDanube Properties1132,765—
MBL SignatureMAG Property Development961,941—
Saba Towers 4SABA Properties JLT402,542—
Hilton Residences Dubai Jumeirah Lakes TowersEmirates Mezna For Real Estate Development573,600—
Upper House EastEllington Properties Development421,898—
Upper House WestEllington Properties Development401,874—
Golf Views Seven City - Seven City JLTSeven Tides International941,133—
Mercer House South TowerEllington Properties Development182,547—
MBL RoyalMAG Property Development221,854—
Verde by SobhaSobha Real Estate242,132—

Biggest sales, last 3 months

Biggest sales in MBL Residence
PricePropertyDate
AED 3.30M3 BR Apartment · 2,088 sqftMBL Residence · Jumeirah Lake Towers14 Oct
AED 2.50M2 BR Apartment · 1,337 sqftMBL Residence · Jumeirah Lake Towers31 Aug
AED 1.57M1 BR Apartment · 786 sqftMBL Residence · Jumeirah Lake Towers31 Aug
AED 1.57M1 BR Apartment · 786 sqftMBL Residence · Jumeirah Lake Towers1 Oct
AED 1.50M1 BR Apartment · 786 sqftMBL Residence · Jumeirah Lake Towers6 Aug
AED 1.23M1 BR Apartment · 752 sqftMBL Residence · Jumeirah Lake Towers26 Aug

Questions about MBL Residence

What is the average price per sqft in MBL Residence?

The median sale price in MBL Residence over the last three months was AED 1,889 per sqft (median sale AED 1.57M), based on 7 sales registered with Dubai Land Department.

How many properties were sold in MBL Residence in the last year?

24 sales worth AED 41.8M were registered in the last 12 months: 0% developer off-plan, 0% off-plan resales and 100% secondary (ready) sales.

What is the average rent in MBL Residence?

The median annual rent on leases registered in the last three months was AED 95K, and the best gross rental yield is about 6.4%.

Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.

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