MAG Eye JLT
Jumeirah Lake Towers · Kingdom Properties
Project factsheet
Layouts and the handover date come from the sales-launch announcement; the date of that announcement is shown next to the prices. It is what the developer claimed at launch, not a registry record — off-plan, phasing and dates get revised. I will send the current ones over WhatsApp.
About the building
A residential building in Jumeirah Lake Towers, currently under construction. Developer — Kingdom Properties.
Specifications for MAG Eye JLT as published by the developer — the project is under construction, so there is no Land Department record yet. They describe the whole building, not the individual unit.
About the project
MAG Eye JLT is a residential building in Jumeirah Lake Towers.
The developer is Kingdom Properties.
Layouts, according to the sales-launch announcement — studios, 1 and 2 bedrooms.
No lots from this project are in our database today. It is topped up every night, so listings for the building can turn up on any day.
A furnished residence in Jumeirah Lake Towers by Kingdom Properties: studios from AED 1.1 million, 40/60 payment plan. The format is built for both resale and renting with a mortgage covering the final payment.
Location
Jumeirah Lake Towers is an established district with a metro, lakes, a promenade and dense office activity. It borders Dubai Marina and functions as its more affordable rental alternative.
The key difference from Marina: new projects are still launching in JLT, whereas the neighbouring district has almost no free plots left. That means both a wider choice and higher resale competition.
Prices and sizes
Studios of 50–60 m² — from AED 1.1 million (about US$300,000). One-bedrooms of 80–95 m² — from AED 1.76 million (about US$480,000). Two-bedrooms of 140–160 m² — from AED 2.8 million (about US$763,000).
All apartments are handed over furnished. That matters for renting: a furnished unit hits the market immediately and typically commands a higher rate than an empty one.
Payment plan and strategy
40/60 payment plan: 40% during construction, 60% on handover. That profile keeps the buyer's money longer and makes a reassignment exit possible with relatively little committed upfront.
The second scenario discussed at launch was using a mortgage for the final payment: the bank covers 60% at handover, and rental income services the payment.
Sizes, launch prices, unit mix and payment plan — developer materials for the sales launch, 11 November 2024.
Where it is
The pin is placed by district — I send the exact address on request.
Lots for this project come and go, and the stock is topped up nightly. Message me — I will look through the closed bases and find the closest alternatives in Jumeirah Lake Towers.
Ask about this projectFrequently asked about MAG Eye JLT
Who is the developer of MAG Eye JLT?
Kingdom Properties.
What layouts are there in MAG Eye JLT?
Studios, 1-bedroom and 2-bedroom, according to the sales-launch announcement. Which sizes are actually free right now depends on what is on the market; I will send the current list.
Where is MAG Eye JLT?
JLT. Jumeirah Lake Towers: the cluster grid across the highway from Marina — cheaper, calmer, and with a metro station at each end.
How much does an apartment in MAG Eye JLT cost?
Our database has no open listings for MAG Eye JLT at the moment. I will check the price of the layout you want against the closed databases and send it together with the deal costs.
Where this project stands today
I will tell you which layouts are available now, what entry really costs and what the people who live in or let the building think of it — no marketing language.
Ask a question
Telegram is the fastest way — I answer personally.
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