Planning to invest in Jumeirah Lakes Towers (JLT)? Well, the all-new MBL Residence tower, located in the heart of Dubai’s waterfront community in Cluster K, is on track for completion in 2019.
The tower will feature 472 one-, two- and three-bedroom apartments as well as a gym, steam room and sauna, outdoor swimming pool, leisure desk, and barbecue patio. There will also be 17 retail shops with a series of restaurants and cafés around the building.
MAG Lifestyle Development has completed all enabling works, such as shoring, piling and excavation. And construction is set to develop quickly thanks to MAG’s AED 260 million deal with Ali Mousa & Sons Contracting.
“In line with our meticulous approach to timely project delivery, we are pleased to have concluded enabling works at MBL Residence in less than six months,” Talal Moafaq Al Gaddah, CEO of MAG LD told Arabian Business.
The contractor has already completed 20% of the project since beginning in July and will be on track to complete the tower by the fourth quarter of 2019.