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Disruptive Real Estate

Mulk Properties · Arjan

The LX

Starting from
AED 490,000
Bedrooms
On request
Size
944–3,000 sqft
Payment plan
60/40
Completion
Pre-launch
Available
On request
Handover
Q3 2027

About The LX

Boutique Office Investment in Arjan

The LX is a boutique commercial building rising in Arjan, a district positioned at the intersection of Sheikh Zayed Road, Mohammed Bin Zayed Road, and Al Khail Road within Dubailand. The structure comprises two basement levels, ground floor, six upper floors, and a roof level, reaching a height of 108.1 feet. Off plan projects in Arjan have grown scarce for commercial stock, and The LX addresses that gap with 71 boutique office units alongside two retail outlets, for a total of 74 units across the single tower.

Office sizes range from 944 to 3,000 sq. ft., with the option to combine multiple units into half-floor (10,500 sq. ft.) or full-floor (21,000 sq. ft.) configurations. Units are handed over shell and core, giving occupiers full control over fit-out and layout. This flexibility is aimed at businesses that outgrow standard leased space but aren't ready for a full headquarters building.

Design and Building Specification

Floor-to-ceiling windows run through the office floors, and most units include a private balcony overlooking Dubai Miracle Garden across the street, a feature uncommon in commercial developments at this scale. The lift lobby has a double-height ceiling, and the building operates five high-speed elevators serving the office floors. Parking is generous relative to unit count: 234 bays for 71 office units, with valet parking also available.

At ground level, two retail outlets totalling 26,000 sq. ft. are positioned to serve the wider Arjan community and add footfall around the building's base.

Arjan Property Investment Case

Dubai's office market context underpins the case for arjan property investment: Grade A commercial space occupancy sits at 95 to 97% across prime business districts, with rents up 25% year on year and over 24,000 new business registrations in the first half of 2024 alone. The LX is positioned to capture demand from companies seeking a boutique alternative to the CBD, at a fraction of the entry cost.

Payment terms are structured as 60|40, with a 10% down payment followed by staged instalments through to handover in Q3 2027, easing entry for both first-time commercial buyers and seasoned investors.

Developer and Delivery Partners

The LX is developed by Mulk Properties, a multinational conglomerate headquartered in Sharjah's Hamriyah Free Zone with operations spanning metal composites, façade contracting, healthcare, aluminum coil coatings, plastics, and real estate across Europe, the US, Africa, India, and the Middle East. The project's investment partner, PROSPECT, is a Dubai Land Department and RERA regulated investment and development firm established in 2023 with a net worth of AED 2 billion, led by four founders with backgrounds across joint ventures and land acquisitions.

Exclusive sales are handled by One Broker Group, recognized by the Dubai Land Department as the top-performing transacting brokerage in 2022.

Key highlights

  • 71 boutique office units from 944 to 3,000 sq. ft.
  • 234 parking bays for 71 units, plus valet parking
  • Most units feature private balconies facing Dubai Miracle Garden
  • 60/40 payment plan with handover in Q3 2027
  • 26,000 sq. ft. of ground-floor retail
  • Shell and core delivery for full fit-out flexibility

Why this project

  • Boutique shell-and-core offices with private balconies overlooking Dubai Miracle Garden, in a district facing a Grade A office undersupply.

Amenities

  • Double-height lift lobby
  • five high-speed elevators
  • 234 parking bays
  • valet parking
  • private balconies
  • two retail outlets
  • floor-to-ceiling windows
  • shell and core delivery
  • combinable units for full-floor layouts

Location

Arjan Connectivity and Access

Arjan sits within reach of three major highways: Sheikh Zayed Road, Mohammed Bin Zayed Road, and Al Khail Road, giving The LX's occupiers and clients direct routes across Dubai without relying on a single arterial road. A metro extension planned for the area is expected to add further connectivity once complete. The immediate surroundings include Dubai Miracle Garden directly across the street and the adjoining Butterfly Garden, both landmark attractions that bring consistent footfall and visibility to the district.

Retail centres within reach of Arjan include Dubai Hills Mall, Mall of the Emirates, Motor City Mall, and Circle Mall in Jumeirah Village Circle, giving tenants and staff a range of shopping and dining options a short drive away.

Nearby Business and Lifestyle Amenities

Arjan's surrounding commercial ecosystem includes restaurants, cafés, bakeries, supermarkets and a hypermarket, alongside salons, spas, aesthetic clinics, pharmacies, dental clinics, gyms, and yoga studios, meaning day-to-day business needs are covered within the district itself. Healthcare access is provided by Parkview Mediclinic Hospital and 7 Dimensions Hospital, and working parents have several nursery options nearby including Chubby Cheeks, Little Feet, and Miles of Smiles.

For client meetings or team lunches, dining options close to The LX include Bait Maryam, Pincode, and Allo Beirut, along with a range of cloud kitchens serving the area.

Payment plan

60/40 plan: 10% down payment, then staged instalments of 10%, 5%, 7.5%, 7.5%, 5%, 5% through March 2026 to July 2027, with 50% on handover in Q3 2027.

Project information

Developer
Mulk Properties
Location
Arjan
Handover
Q3 2027
Total units
74
RERA Escrow
Emirates NBD Bank (P.J.S.C.)
DLD Project #
3772

DLD-verified today

Project intelligence

Live DLD data

Real Dubai Land Department transactions and rent contracts — not developer marketing.

The LX — handover progress

0%
LaunchJun 2025
Today16mo to handover
HandoverQ3 2027

Arjan market

2 br · 488 sales analyzed

High activity
Avg / sqft
AED 1,350
Sales last 6 mo
189
Year-on-year
+6.2%
Off-plan vs ready
10.9% pricier
AED 1,410 vs 1,271
19.4%

Indicative gross yield

At the starting price of AED 490,000, typical rent for a 2 br in Arjan (AED 95,000/year, ~AED 7,900/month) implies a 19.4% gross yield.

Based on 500 DLD rent contracts in the last 12 months. Gross yield excludes service charges, vacancy and management fees.

Source: Dubai Land Department open data. Analytics are computed from registered transactions and rent contracts; figures are indicative and not a guarantee of future performance.

Frequently asked questions about The LX

What is The LX in Arjan?

The LX is a boutique commercial building in Arjan, Dubai, developed by Mulk Properties. It comprises 71 office units ranging from 944 to 3,000 sq. ft. and two ground-floor retail outlets, across a structure of two basements, ground floor, six upper floors, and a roof level.

When is The LX scheduled for handover?

Handover is scheduled for Q3 2027, per the developer's project details.

What payment plan is offered for The LX?

The LX offers a 60/40 payment plan, with a 10% down payment followed by staged instalments through to handover, and the remaining 50% due on completion.

Is Arjan a good area to invest in commercial property?

Arjan sits at the junction of Sheikh Zayed Road, Mohammed Bin Zayed Road, and Al Khail Road within Dubailand, with an upcoming metro extension planned. Dubai's Grade A office occupancy of 95 to 97% and 25% rent growth year on year support demand for boutique commercial stock like The LX in this location.

Can office units at The LX be combined?

Yes. Units are delivered shell and core, and multiple units can be combined into half-floor (10,500 sq. ft.) or full-floor (21,000 sq. ft.) configurations.

How much parking does The LX provide?

The LX has 234 parking bays for 71 office units, along with valet parking for tenants, teams, and visitors.

Who is developing The LX?

The LX is developed by Mulk Properties, a Sharjah-headquartered conglomerate, with PROSPECT as investment partner and One Broker Group as exclusive sales partner.

Get the The LX brochure

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