2-bed · 1,337 sqftMBL Residence, Jumeirah Lake Towers (JLT) · 19th floor · completed 2021

1908, MBL Residence

Sold prices and rental history: sold twice, last in February 2025, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1908 · DLD and Ejari recordsUpdated 13 February 2025
Last soldAED 2.18M13 February 2025
Current rentAED 90K /yr21 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1908, MBL Residence

What is 1908 worth today?

Last sold for AED 2,180,000 in 2025

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13 Feb 2025SoldReady
AED 2,180,000AED 1,630 per sqft
21 Oct 2022RentedNew contract
AED 90,000/yr12 months · AED 67 per sqft
1 Jun 2022Sold by developerReady
AED 1,403,607AED 1,049 per sqft
22 Aug 2021RentedNew contract
AED 90,000/yr13 months · AED 67 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 13 February 2025.

Key facts

Type
2-bed apartment
Size
1,337 sqft
Floor
19th of 42
Parking
DMCC-3307
Developer
MBL Development DMCC
Completed
2021
Service charge
AED 21,200 /yr
Last sold
AED 2.18M · February 2025

About 1908, MBL Residence

1908 is a two-bedroom apartment of 1,337 sqft on the 19th floor of MBL Residence, a 42-storey tower in Jumeirah Lake Towers (JLT) completed in 2021 by MBL Development DMCC. It last sold on 13 February 2025 for AED 2,180,000, or AED 1,630 per sqft, in line with the AED 1,600 two-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 21 October 2022, is AED 90,000 a year: a gross yield of 4.1% on the 2025 price, before the service charge of about AED 21,200 a year.

Sales and rents for 1908 over time

Sales
Unit 1908, each saleTypical two-bed in MBL Residence
1.5M2M2.5M20182020202220242026Typical sale price by year: 2018 AED 1,706,996; 2020 AED 1,323,725; 2021 AED 1,478,584; 2022 AED 1,812,500; 2023 AED 2,060,000; 2024 AED 2,119,500; 2025 AED 2,350,000Sold by developer, June 2022: AED 1,403,607 (AED 1,049 per sqft)Sold, February 2025: AED 2,180,000 (AED 1,630 per sqft)

1908 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1908, each contractTypical two-bed in MBL Residence
100K150K2021202320252027Typical rent by year: 2021 AED 97,000; 2022 AED 110,000; 2023 AED 125,500; 2024 AED 155,000; 2025 AED 160,000; 2026 AED 165,000New contract, August 2021: AED 90,000 a yearNew contract, October 2022: AED 90,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in MBL Residence, and where 1908 sits

All 154 2-beds →

1908 last sold in February 2025 at AED 1,630 per sqft, in line with what two-beds in MBL Residence were fetching at the time (AED 1,600). Over the last 12 months two-beds sold for AED 2,520,000 to 2,600,000, around AED 1,914 per sqft, and rent for AED 36,730 to 180,000 a year. 1908's AED 90,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Jan 20262,520,000
29 Dec 20252,600,000
24 Jul 20252,350,000
30 Jun 20252,380,000
2 2-bed sales in the last 12 months

MBL Residence

Building

470 apartments, 1-bed to 3-bed over 42 floors in Jumeirah Lake Towers (JLT), completed in 2021 by MBL Development DMCC. 14 sold in the last 12 months.

Typical price per sqft
AED 2,061 Up 6.0%
Typical sale
AED 1.62M
Typical rent
AED 115K /yr
Typical yield
6.8%
MBL Residence, Jumeirah Lake Towers (JLT): prices, sales and rents →

Other units on the 19th floor

All 470 units in MBL Residence
Value
19011-bedAED 1.47M · Feb 2025
19022-bedAED 1.7M · Aug 2021
19031-bedAED 1.06M · Jan 2022
19041-bedAED 990K · Dec 2021
19052-bedAED 2.19M · Apr 2025
19061-bedAED 1.12M · May 2022
19071-bedAED 1.05M · Apr 2022
1–7 of 11

1908, MBL Residence in numbers

  • Sold twice: first on 1 June 2022 for AED 1,403,607, last on 13 February 2025 for AED 2,180,000 (AED 1,630 per sqft).
  • Rented since August 2021 on 2 Ejari contracts, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2025 price is 4.1%, before a service charge of about AED 21,200 a year (AED 15.86 per sqft).
  • Two-beds in MBL Residence sold for AED 2,520,000–2,600,000 in the 12 months to November 2026; the building's median across all types is AED 2,061 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 13 February 2025.

Questions about 1908, MBL Residence

What did unit 1908 last sell for?

AED 2,180,000 on 13 February 2025: AED 1,630 per sqft for 1,337 sqft. The unit has 2 registered sales; the first was AED 1,403,607 in June 2022.

What is the rent for unit 1908?

AED 90,000 a year on the contract signed on 21 October 2022. The previous contract, from August 2021, was AED 90,000.

How big is unit 1908?

1,337 sqft (124.2 sqm): a two-bedroom apartment on the 19th floor of a 42-storey tower completed in 2021.

What is unit 1908 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in MBL Residence sold for AED 2,520,000 to 2,600,000 in the last 12 months, around AED 1,914 per sqft.

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Mortgage on 1908, MBL Residence

Starts from the last sale price (AED 2.18M, 13 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,180,000
Deposit, UAE resident (20%)
AED 436,000
Deposit, non-resident (40%)
AED 872,000
Monthly over 25 years at 3.7%
AED 8,919

Plus AED 96,570 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →