Location: Arjan, Dubailand (Strategically located near Dubai Hills Estate, Miracle Garden, and major highways including Sheikh Zayed Road, Al Khail Road, and Mohammed Bin Zayed Road. Surrounded by high-density residential communities, schools, hospitals, and lifestyle hubs.)
Mulk · Arjan
The LX by Mulk Offices
PriceFrom AED 1,871 PSF
Payment plan60/40
Connect for special pricing and payment terms.
- Delivery
- Shell & core
- Handover
- Q3 2027
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Property
The LX by Mulk
Building profile: The LX by Mulk
Project Overview
- Mixed-Use Commercial Tower with Prime Office and Retail Units
- Boutique-scale G+6 project developed by Mulk Holdings in partnership with Prospect
- Shell & core office floors with flexible layouts and panoramic glazing
- Retail facing the main road with direct access, ideal for F&B, wellness, and showroom concepts
- Mainland (DED) licensing for a wide range of business activities
Building Configuration
- Structure: B + G + 6 Commercial Floors + Rooftop
- Developer: Mulk Holdings (in collaboration with Prospect)
- License Type: Mainland (DED-licensed)
- Total Built-Up Area: Approx. 110,000 sq. ft.
- Office Units: 71 shell & core units
- Retail Units: 2 large-format ground floor spaces (~13,000 sq. ft. each)
- Parking: 234 spaces (basement + podium), with valet and visitor parking
- Lifts: 5 high-speed passenger elevators + service core
Office Space Overview
Sizes:
- Individual Office Units: From 944 sq. ft. to 3,000 sq. ft.
- Half-Floor: Approx. 10,500 sq. ft.
- Full-Floor: Approx. 21,000 sq. ft.
Starting Price: From AED 1,871 PSF
Features:
- Shell & core offices with private balconies on select units
- Floor-to-ceiling glazing with natural light and skyline views
- Double-height arrival lobby with high-specification finishes
- Efficient layouts for open-plan or partitioned workspaces
Payment Plan: 60/40
Completion: Q3 2027
Commercial Amenities
- Concierge-style reception with luxury lobby
- Valet parking and ample visitor parking
- Private office balconies on higher levels
- High-end lift core and service access
- Flexible rooftop for future amenities or events
Design & Finishes
- Modern, minimalist shell & core interiors ready for custom fit-outs
- Floor-to-ceiling glass panels with maximum natural light
- High-efficiency MEP infrastructure
- Elegant common areas with commercial-grade detailing
Views
- Open skyline views of Arjan and Dubailand
- Elevated outlooks toward Miracle Garden and Dubai Hills
- Ground-floor retail faces a high-traffic road with visibility from passing vehicles and footfall zones
Location
The LX by Mulk — Arjan, Dubai
Illustrative model
Scenario modeller
Set your own assumptions and see how The LX by Mulk Offices behaves as a cash purchase, the same purchase mortgaged, or a capital-only resale.
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Enter the asking price to run the model.
Every figure recalculates as you type. Use the price you are considering.
Method
- Handover
- The date the unit is handed over, set in quarters from purchase. Gross rent, the vacancy allowance, maintenance and management, and the service charge all start there and not before — an unbuilt unit cannot be let and is not billed. The year handover falls in gets the exact fraction it is entitled to, not a rounded whole year. Capital growth is not treated this way: it compounds from today across the whole hold, because an off-plan unit can be sold before it completes. Where the holding period ends before handover, there is no operating income anywhere in the schedule and the whole return is capital movement less costs.
- Gross yield
- Gross annual rent ÷ purchase price. Before every cost. Where handover is in the future this is a stabilised full year from handover — a rate on the price, not a figure reduced by the construction period. The schedule shows what each year actually books.
- Net yield
- (Rent collected after the vacancy allowance − maintenance and management − service charge) ÷ purchase price. Stabilised on the same basis as the gross yield.
- Rent growth
- Compound annual movement in gross rent, applied from handover and stepping at each anniversary of it, which is when a tenancy renews. It may be negative. It does not touch the service charge, which is held flat in nominal terms.
- ROI
- Total profit over the whole hold ÷ total cash invested (price + all acquisition costs). Unlevered. Not an annual rate.
- ROE
- Total profit over the whole hold ÷ equity contributed (deposit + all acquisition and finance costs), after debt service. Levered. Not an annual rate.
- Cash-on-cash return
- Year-one operating cash flow, after debt service where there is a mortgage, ÷ cash invested. Reported separately from ROI/ROE and never merged with it. Year one means the first year of the schedule as it stands: where that year falls before handover it carries no rent, so on a mortgaged off-plan purchase the figure is negative — that is the year you fund out of pocket, and it is shown rather than smoothed away.
- IRR
- The annualised rate that discounts the dated cash-flow schedule above to a net present value of zero, solved numerically. Where the schedule has no sign change, or the solver does not converge on a single meaningful rate, we print “—” rather than substitute a simpler annualised-return figure.
An illustrative model, not a forecast, a valuation, an offer or investment advice. Every figure is generated from the assumptions on this page — some yours, the rest stated defaults, not promises. Rents, service charges, fees, vacancy, handover dates, financing terms and sale prices vary by unit and over time; past prices are not a guide to future prices. Returns are not guaranteed and capital is at risk.
Mortgage availability, loan-to-value, rate and term are subject to lender criteria and underwriting; nothing here indicates that finance will be offered. Figures exclude any tax payable in your country of residence — take independent financial, tax and legal advice before committing. Mitchell's Commercial Real Estate is a trading brand; the RERA-licensed broker is Stephen James Mitchell, BRN 68593.
