MAG Lifestyle Development (MAG LD) has completed all enabling works at its latest project in Jumeirah Lakes Towers (JLT).
With shoring, piling and excavation works finalised, construction at MBL Residence progressing rapidly under MAG’s AED 260mn ($70.8mn) deal with Ali Mousa & Sons Contracting.
The contractor has completed 20% of the project since July 2017 and is well on track for the Q4 2019 completion date, the developer announced.
“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,” said Talal Moafaq Al Gaddah, CEO of MAG LD.
“Construction is continuing as planned and we are excited to see the development taking shape as the latest premium addition to Jumeirah Lakes Towers, where we will provide residents with the highly integrated, convenient and luxurious lifestyle that has become MAG’s signature.”
MBL Residence is a 40-level residential tower located in Cluster K, JLT. The 758,875 sq ft development features 472 apartments of varying sizes.