603, MBL Residence
Sold prices and rental history: sold twice, last in February 2021, 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 603, MBL Residence
What is 603 worth today?
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Source: Dubai Land Department. Updated 1 September 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 786 sqft
- Floor
- 6th of 42
- Parking
- DMCC-2183
- Developer
- MBL Development DMCC
- Completed
- 2021
- Service charge
- AED 12,500 /yr
- Last sold
- AED 775K · February 2021
- Building
- MBL Residence
About 603, MBL Residence
603 is a one-bedroom apartment of 786 sqft on the 6th floor of MBL Residence, a 42-storey tower in Jumeirah Lake Towers (JLT) completed in 2021 by MBL Development DMCC. It last sold on 11 February 2021 for AED 775,000, or AED 986 per sqft, 13% below the AED 1,136 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 1 September 2025, is AED 105,000 a year: a gross yield of 13.6% on the 2021 price, before the service charge of about AED 12,500 a year.
Sales and rents for 603 over time
603 has sold twice; 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 603 sits
All 293 1-beds →603 last sold in February 2021 at AED 986 per sqft, 13% below what one-beds in MBL Residence were fetching at the time (AED 1,136). 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. 603's AED 105,000 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 6th floor
All 470 units in MBL Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 751 sqft | AED 1.53MAED 1,525,000 · Jan 2024January 2024 | 115,000 /yr | |
| 602 | 2-bed | 1,337 sqft | AED 1.85MAED 1,850,000 · Dec 2022December 2022 | ||
| 604 | 1-bed | 786 sqft | AED 1.2MAED 1,200,000 · Feb 2022February 2022 | 84,000 /yr | |
| 605 | 2-bed | 1,336 sqft | AED 2.2MAED 2,200,000 · Feb 2025February 2025 | 180,000 /yr | |
| 606 | 1-bed | 752 sqft | AED 1.25MAED 1,250,000 · May 2023May 2023 | 80,000 /yr | |
| 607 | 1-bed | 752 sqft | AED 833KAED 832,921 · Apr 2021April 2021 | 80,000 /yr | |
| 608 | 2-bed | 1,337 sqft | AED 2.2MAED 2,200,000 · May 2025May 2025 | 105,000 /yr | |
| 609 | 1-bed | 786 sqft | AED 970KAED 969,982 · Oct 2018October 2018 | 92,000 /yr | |
| 610 | 1-bed | 786 sqft | AED 1.6MAED 1,600,000 · Dec 2025December 2025 | 115,000 /yr | |
| 611 | 2-bed | 1,337 sqft | AED 1.41MAED 1,412,993 · Feb 2021February 2021 | 90,000 /yr | |
| 612 | 1-bed | 751 sqft | AED 1.65MAED 1,645,000 · Sep 2024September 2024 | 110,000 /yr |
603, MBL Residence in numbers
- Sold twice: first on 24 November 2019 for AED 729,100, last on 11 February 2021 for AED 775,000 (AED 986 per sqft).
- Rented since June 2021 on 5 Ejari contracts, from AED 58,500 to AED 105,000 a year.
- At AED 105,000 a year the gross yield on the 2021 price is 13.6%, 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 1 September 2025.
Questions about 603, MBL Residence
What did unit 603 last sell for?
AED 775,000 on 11 February 2021: AED 986 per sqft for 786 sqft. The unit has 2 registered sales; the first was AED 729,100 in November 2019.
What is the rent for unit 603?
AED 105,000 a year on the contract signed on 1 September 2025. The previous contract, from September 2024, was AED 100,000; the unit has been rented since June 2021.
How big is unit 603?
786 sqft (73.0 sqm): a one-bedroom apartment on the 6th floor of a 42-storey tower completed in 2021.
What is unit 603 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 603, MBL Residence
Starts from the last sale price (AED 775K, 11 February 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 775,000
- Deposit, UAE resident (20%)
- AED 155,000
- Deposit, non-resident (40%)
- AED 310,000
- Monthly over 25 years at 3.7%
- AED 3,171
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →