MJ Living (Madinat Jumeirah Living)  

MJ Living is an exclusive freehold community located in Jumeirah, overlooking the Burj Al Arab. One, two, three, and four bedroom apartments developed by Dubai Holdings starting from AED 1.16 million (USD $320,000).

Property Types Available: Apartments
Location: Sheikh Zayed Road, Umm Suqeim Road, Al Sufouh Road, Jumeirah Beach Road
Status: Under Construction
Year Launched: 2018
Estimated Completion Date: June 2021
Developer: Dubai Holding
Title Type: Freehold
Quality Classification: High-end
Height Classification: Mid-rise
Life Cycle: Under Construction
Special Classification: Water-front Community, Residential Building with some retail
Under Construction Buildings: 3

Investment Feasibility & Decision Drivers

Snapshot summary for investing in MJ Living (Madinat Jumeirah Living)

Investment Score

Value for Money
85%
Project Uniqueness
85%
Location & Connectivity
90%
Rental Yield Expectation
80%
Capital Growth Expectation
85%
More information on investment scores

Total Score

Synopsis

Sale Status: Units available in primary & secondary market

Payment Plan: Somewhat investor friendly

Ideal for: End-Users & Investors

Price Range: AED 1,500 PSF - AED 1,800 PSF

Unit Types Available: Apartment

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What Our Experts Think

MJ Living is a high-end development featuring one to four bedroom apartment offering beautiful views of Burj Al Arab and waterfront views. Due to its location, apartment sizes, and title type (freehold), we expect this development to be very popular amongst local and expats looking for either investment purposes or end use. The somewhat investor-friendly payment plan is also a plus point, with down payment only being 5%.

Live opposite Burj Al Arab in one of Jumeirah's finest developments.

MJ Living - offering one, two, three, and four bedroom apartments starting from AED 1.16 million (USD $320,000). Contact for more information.

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About MJ Living (Madinat Jumeirah Living)

Overview

Announced at Cityscape 2018, Dubai's largest real estate convention, MJ Living by Dubai Holdings is an exclusive freehold community located in Jumeirah. The development  consists of one, two, three, and four bedroom apartments overlooking Burj Al Arab and the Arabian Gulf. MJ Living will be connected by an air-conditioned footbridge to the Madinat Jumeirah Resort.  

One of the unique selling points of this community is its location. Located in Jumeirah across the road from Burj Al Arab, Madinat Jumeirah, Wild Wadi, five star hotels, and retail outlets, MJ Living is located quite centrally. It is well-connected to the rest of the city, as it is accessible via some of the major roads and highways of Dubai: Umm Sequim Road, Al Soufouh Road, Sheikh Zayed Road, and Jumeirah Road.  

Currently, Dubai Holdings is selling building 2 in the project. We expect this project to be fairly popular amongst both the expat population as well as the local population in Dubai looking for both investment or as an end-user. The apartments offer decent sizes, compared to other developments in Dubai. 

MJ Living is expected to be completed by June 2021.  

Amenities

As per the developer, MJ Living offers residents many amenities within the development. This includes a community centre and retail area, suite of concierge services, gym, swimming pool, parks & open areas, play areas for kids, communal roof terrace with BBQ, jogging and cycling tracks, gated residential clusters, underground residence parking, visitor parking, and a direct air-conditioned bridge connected to Madinat Jumeirah resort. 

Sizes 

BedroomSize Range (Sq. Ft.)
1762 - 1,543
21,352 - 1,638
31,815 - 1,859
42,690 - 3,584


Prices

Prices for apartments start from AED 1.16 million (USD $320,000). 

Payment Plan

Payment plan is investor friendly: 

PercentageMilestone
5%Down Payment
5%2 Months from Purchase
5%7 Months from Purchase
5%12 Months from Purchase
5%17 Months from Purchase
5%22 Months from Purchase
5%25 Months from Purchase
5%28 Months from Purchase
5%On Handover (June 2021)



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