1009, MBL Residence
Sold prices and rental history: sold once, by the developer in June 2020, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1009, MBL Residence
What is 1009 worth today?
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Source: Dubai Land Department. Updated 20 February 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 786 sqft
- Floor
- 10th of 42
- Parking
- DMCC-3052
- Developer
- MBL Development DMCC
- Completed
- 2021
- Service charge
- AED 12,500 /yr
- Last sold
- AED 1M · June 2020
- Building
- MBL Residence
About 1009, MBL Residence
1009 is a one-bedroom apartment of 786 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 2 June 2020 for AED 1,000,000, or AED 1,272 per sqft, in line with the AED 1,272 one-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 20 February 2025, is AED 115,000 a year: a gross yield of 11.5% on the 2020 price, before the service charge of about AED 12,500 a year.
Sales and rents for 1009 over time
1009 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 1009 sits
All 293 1-beds →1009 last sold in June 2020 at AED 1,272 per sqft, in line with what one-beds in MBL Residence were fetching at the time (AED 1,272). 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. 1009's AED 115,000 is in the upper 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 | |
| 1006 | 1-bed | 752 sqft | AED 820KAED 820,000 · Apr 2021April 2021 | 98,000 /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 | |
| 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 |
1009, MBL Residence in numbers
- Sold once: by MBL Development DMCC on 2 June 2020 for AED 1,000,000, or AED 1,272 per sqft.
- Rented since September 2021 on 6 Ejari contracts, from AED 70,000 to AED 115,000 a year.
- At AED 115,000 a year the gross yield on the 2020 price is 11.5%, before a service charge of about AED 12,500 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 20 February 2025.
Questions about 1009, MBL Residence
What did unit 1009 last sell for?
AED 1,000,000 on 2 June 2020, sold by the developer: AED 1,272 per sqft for 786 sqft. It is the only registered sale of the unit.
What is the rent for unit 1009?
AED 115,000 a year on the contract renewed on 20 February 2025. The previous contract, from February 2024, was AED 115,000; the unit has been rented since September 2021.
How big is unit 1009?
786 sqft (73.0 sqm): a one-bedroom apartment on the 10th floor of a 42-storey tower completed in 2021.
What is unit 1009 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.
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Mortgage on 1009, MBL Residence
Starts from the last sale price (AED 1M, 2 June 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →