1-bed · 786 sqftMBL Residence, Jumeirah Lake Towers (JLT) · 24th floor · completed 2021

2403, MBL Residence

Sold prices and rental history: sold once, by the developer in October 2021, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2403 · DLD and Ejari recordsUpdated 3 January 2026
Last soldAED 1.01M11 October 2021
Current rentAED 100K /yr3 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2403, MBL Residence

What is 2403 worth today?

Last sold for AED 1,012,201 in 2021

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3 Jan 2026RentedNew contract
AED 100,000/yr12 months · AED 127 per sqft
8 Dec 2024RentedRenewal
AED 85,000/yr12 months · AED 108 per sqft
8 Dec 2023RentedRenewal
AED 80,000/yr12 months · AED 102 per sqft
8 Dec 2022RentedRenewal
AED 80,000/yr12 months · AED 102 per sqft
8 Dec 2021RentedNew contract
AED 80,000/yr12 months · AED 102 per sqft
11 Oct 2021Sold by developerReady
AED 1,012,201AED 1,287 per sqft

Source: Dubai Land Department. Updated 3 January 2026.

Key facts

Type
1-bed apartment
Size
786 sqft
Floor
24th of 42
Parking
DMCC-2015
Developer
MBL Development DMCC
Completed
2021
Service charge
AED 12,500 /yr
Last sold
AED 1.01M · October 2021

About 2403, MBL Residence

2403 is a one-bedroom apartment of 786 sqft on the 24th 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 11 October 2021 for AED 1,012,201, or AED 1,287 per sqft, 16% above the AED 1,108 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 3 January 2026, is AED 100,000 a year: a gross yield of 9.9% on the 2021 price, before the service charge of about AED 12,500 a year.

Sales and rents for 2403 over time

Sales
Unit 2403, each saleTypical one-bed in MBL Residence
1M1.5M2018202120242027Typical sale price by year: 2018 AED 986,500; 2019 AED 914,582; 2020 AED 945,400; 2021 AED 905,450; 2022 AED 1,090,700; 2023 AED 1,342,750; 2024 AED 1,480,000; 2025 AED 1,580,000; 2026 AED 1,630,000Sold by developer, October 2021: AED 1,012,201 (AED 1,287 per sqft)

2403 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2403, each contractTypical one-bed in MBL Residence
80K100K2021202320252027Typical rent by year: 2021 AED 68,000; 2022 AED 82,000; 2023 AED 98,000; 2024 AED 109,700; 2025 AED 110,000; 2026 AED 110,000New contract, December 2021: AED 80,000 a yearRenewal, December 2022: AED 80,000 a yearRenewal, December 2023: AED 80,000 a yearRenewal, December 2024: AED 85,000 a yearNew contract, January 2026: AED 100,000 a year

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 2403 sits

All 293 1-beds →

2403 last sold in October 2021 at AED 1,287 per sqft, 16% above what one-beds in MBL Residence were fetching at the time (AED 1,108). 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. 2403's AED 100,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Feb 20261,630,000
3 Feb 20261,650,000
28 Jan 20261,550,000
28 Jan 20261,510,000
14 1-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. 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%
MBL Residence, Jumeirah Lake Towers (JLT): prices, sales and rents →

Other units on the 24th floor

All 470 units in MBL Residence
Value
24011-bedAED 1.37M · Jun 2022
24022-bedAED 1.82M · Jan 2022
24041-bedAED 1.6M · Jan 2025
24052-bedAED 1.95M · Jun 2022
24061-bedAED 1.45M · Jul 2023
24071-bedAED 1.05M · Jan 2022
24082-bedAED 1.87M · Jul 2022
1–7 of 11

2403, MBL Residence in numbers

  • Sold once: by MBL Development DMCC on 11 October 2021 for AED 1,012,201, or AED 1,287 per sqft.
  • Rented since December 2021 on 5 Ejari contracts, from AED 80,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2021 price is 9.9%, 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 3 January 2026.

Questions about 2403, MBL Residence

What did unit 2403 last sell for?

AED 1,012,201 on 11 October 2021, sold by the developer: AED 1,287 per sqft for 786 sqft. It is the only registered sale of the unit.

What is the rent for unit 2403?

AED 100,000 a year on the contract signed on 3 January 2026. The previous contract, from December 2024, was AED 85,000; the unit has been rented since December 2021.

How big is unit 2403?

786 sqft (73.0 sqm): a one-bedroom apartment on the 24th floor of a 42-storey tower completed in 2021.

What is unit 2403 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 2403, MBL Residence

Starts from the last sale price (AED 1.01M, 11 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,012,201
Deposit, UAE resident (20%)
AED 202,440
Deposit, non-resident (40%)
AED 404,880
Monthly over 25 years at 3.7%
AED 4,141

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →