Mulk Properties

Mulk Properties

Mulk Properties is the real estate development arm of the wider Mulk International group, with a portfolio spanning residential, commercial and mixed-use developments across several international markets. The company is headquartered in Dubai and has projects in the UAE as well as markets including the USA, India and Zimbabwe.

The developer's current Dubai portfolio includes The LX by Mulk, a commercial office development positioned as a boutique workspace project. Its wider property portfolio includes T10 Mirkaaz City in Ajman, Luxora in Lake Las Vegas, Mulk Arcadia in Bangalore and Zim Cyber City in Harare.

Track Record

Mulk Properties operates as part of a broader international business rather than as a Dubai-only residential developer. Mulk International lists Mulk Properties as one of its core businesses, alongside divisions including manufacturing, healthcare, sports and other ventures.

The company's current development portfolio covers several property types and markets. In the UAE, its projects include both residential and commercial assets, while its international portfolio includes larger mixed-use and residential developments.

In Dubai, The LX by Mulk represents the company's current commercial development offering. The project comprises 71 office units ranging from 944 to 3,000 sq. ft. within a 2-basement-plus-ground-plus-six-floor structure, with completion targeted for Q3 2027.

Investing with Mulk Properties

Mulk Properties may appeal to investors seeking exposure to commercial and residential developments from a developer with an international portfolio.

In Dubai, The LX by Mulk provides a commercial investment proposition rather than the apartment-led model used by many newer Dubai developers. The project offers individually sized office units from 944 to 3,000 sq. ft., as well as half-floor and full-floor options of approximately 10,500 and 21,000 sq. ft. respectively.

The offices are delivered shell and core, allowing owners to customise their fit-outs and potentially combine multiple units. The project also provides 234 parking spaces and is scheduled for completion in Q3 2027.

As with any commercial property investment, buyers should assess the individual opportunity based on entry price, location, service charges, expected rental demand, office supply and potential resale liquidity rather than relying solely on the developer's wider international presence.

What we'd watch

Mulk Properties' most interesting feature is the international breadth of its portfolio. The company is not limited to Dubai residential development, with current projects spanning multiple countries and asset classes.

For Dubai investors, The LX by Mulk will be an important project to watch as it develops its presence in the city's commercial property market. The project's smaller office-unit format and location near Dubai Miracle Garden give it a different proposition from large conventional office towers.