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MBL RESIDENCE

Completed

Developed by MBL Development DMCC. Located in Al Thanyah Fifth.

Construction progress100%Expected 22 Mar 2021
Units4871 buildings · 0 villas
Registered sales71634 in the last 12 months
Median sale priceAED 1.25MMedian of registered salesAED 1,335/sqft

Registry record

Project number
1934
Name on the register
إم بي إل ريزيدينس
Developer
MBL Development DMCC
Master developer
مركز دبي للسلع المتعددة
Escrow agent
EMIRATES NBD BANK (P.J.S.C)
Zoning authority
Dubai Municipality
Master project
Jumeirah Lakes Towers
Start date
27 Sept 2016
Expected completion
22 Mar 2021
Actual completion
22 Mar 2021
Cancelled
Not recorded
Plots
0
Progress
100%

PROJECT CONSISTS OF 4B+G+HC+MECH+40+R MIXED USE BUILDING WITH RETAIL AT GROUND FLOOR LOCATED IN AL THANYAH FIFTH. THE APARTMENTS ARE DESIGNED TO HAVE A CONCRETE STRUCTURE AND BLOCK WITH INTERNAL AND EXTERNAL FINISHES.

Sales evidence

Median size
786 sqft
Median price per sqft
AED 1,335/sqft
Total value transacted
AED 1.01B
Off-plan vs ready
127 off-plan · 589 ready
First sale
6 Mar 2017
Latest sale
7 Aug 2026

Service charges (2023)

The owner-association charge approved by the Land Department, broken down by cost category. Totalling AED 26 per square foot per year — the recurring cost of ownership that an asking price never shows.

CategoryUsageManaged byAED/sqft
ServicesResidentialKAIZEN OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C2.00
Reserved FundResidentialKAIZEN OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C1.00
MaintenanceResidentialKAIZEN OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C2.00
ImprovementResidentialKAIZEN OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C0.00
Utilities ServicesResidentialKAIZEN OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C6.00
Management ServicesResidentialKAIZEN OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C1.00
InsuranceResidentialKAIZEN OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C0.00
Master CommunityResidentialKAIZEN OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C2.00
ServicesRetailKAIZEN OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C3.00
Reserved FundRetailKAIZEN OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C1.00
MaintenanceRetailKAIZEN OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C2.00
ImprovementRetailKAIZEN OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C0.00
Utilities ServicesRetailKAIZEN OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C3.00
Management ServicesRetailKAIZEN OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C1.00
InsuranceRetailKAIZEN OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C0.00
Master CommunityRetailKAIZEN OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C2.00

Registered sales in this project

All sales
Registered property transactions from the Dubai Land Department
DateCommunityProject / buildingTypeBedsSizePrice/sqftPrice
7 Aug 2026Al Thanyah FifthMBL RESIDENCEDMCC Master CommunityFlatExisting Properties1 B/R752 sqftAED 91/sqftAED 68,299
6 Aug 2026Al Thanyah FifthMBL RESIDENCEDMCC Master CommunityFlatExisting Properties1 B/R786 sqftAED 1,908/sqftAED 1,500,000
24 Jun 2026Al Thanyah FifthMBL RESIDENCEDMCC Master CommunityFlatExisting Properties2 B/R1,337 sqftAED 1,869/sqftAED 2,500,000
15 May 2026Al Thanyah FifthMBL RESIDENCEDMCC Master CommunityFlatExisting Properties2 B/R1,337 sqftAED 1,550/sqftAED 2,072,997
27 Apr 2026Al Thanyah FifthMBL RESIDENCEDMCC Master CommunityFlatExisting Properties2 B/R1,337 sqftAED 1,888/sqftAED 2,525,000
27 Apr 2026Al Thanyah FifthMBL RESIDENCEDMCC Master CommunityFlatExisting Properties1 B/R751 sqftAED 2,330/sqftAED 1,750,000
10 Apr 2026Al Thanyah FifthMBL RESIDENCEDMCC Master CommunityFlatExisting Properties1 B/R751 sqftAED 2,237/sqftAED 1,680,000
9 Feb 2026Al Thanyah FifthMBL RESIDENCEDMCC Master CommunityShopExisting PropertiesNot specified1,680 sqftAED 2,335/sqftAED 3,923,415
9 Feb 2026Al Thanyah FifthMBL RESIDENCEDMCC Master CommunityShopExisting PropertiesNot specified1,346 sqftAED 2,335/sqftAED 3,142,304
9 Feb 2026Al Thanyah FifthMBL RESIDENCEDMCC Master CommunityShopExisting PropertiesNot specified1,783 sqftAED 2,335/sqftAED 4,162,180
9 Feb 2026Al Thanyah FifthMBL RESIDENCEDMCC Master CommunityShopExisting PropertiesNot specified1,431 sqftAED 2,335/sqftAED 3,340,092
4 Feb 2026Al Thanyah FifthMBL RESIDENCEDMCC Master CommunityFlatExisting Properties1 B/R786 sqftAED 2,074/sqftAED 1,630,000
3 Feb 2026Al Thanyah FifthMBL RESIDENCEDMCC Master CommunityFlatExisting Properties1 B/R786 sqftAED 2,099/sqftAED 1,650,000
28 Jan 2026Al Thanyah FifthMBL RESIDENCEDMCC Master CommunityFlatExisting Properties1 B/R751 sqftAED 2,010/sqftAED 1,510,000
28 Jan 2026Al Thanyah FifthMBL RESIDENCEDMCC Master CommunityFlatExisting Properties1 B/R751 sqftAED 2,063/sqftAED 1,550,000
16 Jan 2026Al Thanyah FifthMBL RESIDENCEDMCC Master CommunityFlatExisting Properties2 B/R1,337 sqftAED 1,884/sqftAED 2,520,000
8 Jan 2026Al Thanyah FifthMBL RESIDENCEDMCC Master CommunityFlatExisting Properties1 B/R751 sqftAED 2,170/sqftAED 1,630,000
29 Dec 2025Al Thanyah FifthMBL RESIDENCEDMCC Master CommunityFlatExisting Properties2 B/R1,337 sqftAED 1,944/sqftAED 2,600,000
19 Dec 2025Al Thanyah FifthMBL RESIDENCEDMCC Master CommunityFlatExisting Properties1 B/R786 sqftAED 2,036/sqftAED 1,600,000
17 Dec 2025Al Thanyah FifthMBL RESIDENCEDMCC Master CommunityFlatExisting Properties1 B/R786 sqftAED 2,061/sqftAED 1,620,000
11 Dec 2025Al Thanyah FifthMBL RESIDENCEDMCC Master CommunityFlatExisting Properties1 B/R786 sqftAED 2,036/sqftAED 1,600,000
8 Dec 2025Al Thanyah FifthMBL RESIDENCEDMCC Master CommunityFlatExisting Properties1 B/R786 sqftAED 2,064/sqftAED 1,622,000
3 Dec 2025Al Thanyah FifthMBL RESIDENCEDMCC Master CommunityFlatExisting Properties1 B/R751 sqftAED 1,731/sqftAED 1,300,000
1 Dec 2025Al Thanyah FifthMBL RESIDENCEDMCC Master CommunityFlatExisting Properties1 B/R786 sqftAED 2,061/sqftAED 1,620,000
24 Nov 2025Al Thanyah FifthMBL RESIDENCEDMCC Master CommunityFlatExisting Properties1 B/R751 sqftAED 2,197/sqftAED 1,650,000

Source: Dubai Land Department open data, retrieved from the Digital Dubai data.dubai platform. Figures cover registered transactions and Ejari-registered tenancy contracts, and are statistical summaries of public record — not a valuation of any individual property. Registration data can be amended or backdated by the source after first publication.