1006, MBL Residence
Sold prices and rental history: sold once, by the developer in April 2021, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1006, MBL Residence
What is 1006 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 12 August 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 752 sqft
- Floor
- 10th of 42
- Parking
- DMCC-3029
- Developer
- MBL Development DMCC
- Completed
- 2021
- Service charge
- AED 11,900 /yr
- Last sold
- AED 820K · April 2021
- Building
- MBL Residence
About 1006, MBL Residence
1006 is a one-bedroom apartment of 752 sqft on the 10th floor of MBL Residence, a 42-storey tower in Jumeirah Lake Towers (JLT) completed in 2021 by MBL Development DMCC. The developer sold it on 19 April 2021 for AED 820,000, or AED 1,090 per sqft, in line with the AED 1,081 one-beds in the building were fetching at the time.
It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 12 August 2025, is AED 98,000 a year: a gross yield of 11.9% on the 2021 price, before the service charge of about AED 11,900 a year.
Sales and rents for 1006 over time
1006 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in MBL Residence, and where 1006 sits
All 293 1-beds →1006 last sold in April 2021 at AED 1,090 per sqft, in line with what one-beds in MBL Residence were fetching at the time (AED 1,081). Over the last 12 months one-beds sold for AED 1,300,000 to 1,650,000, around AED 2,063 per sqft, and rent for AED 67,000 to 130,000 a year. 1006's AED 98,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Feb 20264 February 2026 | 786 sqft | 1,630,000 | 2,073 | ||
| 3 Feb 20263 February 2026 | 786 sqft | 1,650,000 | 2,099 | ||
| 28 Jan 202628 January 2026 | 751 sqft | 1,550,000 | 2,063 | ||
| 28 Jan 202628 January 2026 | 751 sqft | 1,510,000 | 2,010 |
MBL Residence
Building470 apartments, 1-bed to 3-bed over 42 floors in Jumeirah Lake Towers (JLT), completed in 2021 by MBL Development DMCC. 16 sold in the last 12 months.
- Typical price per sqft
- AED 2,062 Up 6.7%
- Typical sale
- AED 1.62M
- Typical rent
- AED 115K /yr
- Typical yield
- 6.8%
Other units on the 10th floor
All 470 units in MBL Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 1-bed | 751 sqft | AED 965KAED 965,000 · Sep 2018September 2018 | 110,000 /yr | |
| 1002 | 2-bed | 669 sqft | AED 2.35MAED 2,350,000 · May 2024May 2024 | ||
| 1003 | 1-bed | 786 sqft | AED 1MAED 1,000,000 · Oct 2018October 2018 | 90,000 /yr | |
| 1004 | 1-bed | 786 sqft | AED 926KAED 926,250 · Apr 2020April 2020 | 105,000 /yr | |
| 1005 | 2-bed | 1,336 sqft | AED 2.15MAED 2,150,000 · May 2024May 2024 | 96,000 /yr | |
| 1007 | 1-bed | 752 sqft | AED 770KAED 769,950 · Aug 2020August 2020 | 100,000 /yr | |
| 1008 | 2-bed | 1,337 sqft | AED 1.89MAED 1,886,500 · Oct 2022October 2022 | 178,000 /yr | |
| 1009 | 1-bed | 786 sqft | AED 1MAED 1,000,000 · Jun 2020June 2020 | 115,000 /yr | |
| 1010 | 1-bed | 786 sqft | AED 1MAED 1,000,000 · Jun 2020June 2020 | 105,000 /yr | |
| 1011 | 2-bed | 1,337 sqft | AED 1.63MAED 1,628,571 · Sep 2018September 2018 | ||
| 1012 | 1-bed | 751 sqft | AED 1.35MAED 1,350,000 · Jul 2023July 2023 |
1006, MBL Residence in numbers
- Sold once: by MBL Development DMCC on 19 April 2021 for AED 820,000, or AED 1,090 per sqft.
- Rented since August 2023 on 3 Ejari contracts, at AED 98,000 a year.
- At AED 98,000 a year the gross yield on the 2021 price is 11.9%, before a service charge of about AED 11,900 a year (AED 15.86 per sqft).
- One-beds in MBL Residence sold for AED 1,300,000–1,650,000 in the 12 months to November 2026; the building's median across all types is AED 2,062 per sqft.
Source: Dubai Land Department. Updated 12 August 2025.
Questions about 1006, MBL Residence
What did unit 1006 last sell for?
AED 820,000 on 19 April 2021, sold by the developer: AED 1,090 per sqft for 752 sqft. It is the only registered sale of the unit.
What is the rent for unit 1006?
AED 98,000 a year on the contract renewed on 12 August 2025. The previous contract, from August 2024, was AED 98,000; the unit has been rented since August 2023.
How big is unit 1006?
752 sqft (69.9 sqm): a one-bedroom apartment on the 10th floor of a 42-storey tower completed in 2021.
What is unit 1006 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in MBL Residence sold for AED 1,300,000 to 1,650,000 in the last 12 months, around AED 2,063 per sqft.
Selling 1006? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1006, MBL Residence
Starts from the last sale price (AED 820K, 19 April 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 820,000
- Deposit, UAE resident (20%)
- AED 164,000
- Deposit, non-resident (40%)
- AED 328,000
- Monthly over 25 years at 3.7%
- AED 3,355
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →