Location: Arjan, Dubailand – Positioned in one of Dubai’s fastest-evolving commercial corridors, The LX offers direct connectivity via Sheikh Zayed Road, Mohammed Bin Zayed Road, and Al Khail Road. Directly opposite Dubai Miracle Garden and adjacent to Butterfly Garden, with proximity to Dubai Hills Mall, Motor City Mall, and Mall of the Emirates.
The LX by Mulk Retail
Pricing and termsConnect for special pricing and payment terms.
- Size
- 11,634.27 sq ft
- Delivery
- Shell & core
- Parking
- 234 spaces across basement and podium levels
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Property
The LX by Mulk
Project Overview
Boutique Commercial Tower in Arjan
The LX is a six-storey, high-specification commercial development designed to meet the growing demand for prime office and retail spaces in Dubai. As Arjan emerges as a dynamic new business district, The LX offers a rare opportunity to secure a prime address anchored by functionality, modern aesthetics, and strategic access.
Key Stats
- Structure: 2B + G + 6 + Roof
- Developer: Mulk Properties
- Total Office Units: 71 boutique offices (944–3,000 sq. ft.)
- Retail Units: 2 dedicated units on the ground level
- Parking: 234 spaces across basement and podium levels
- Usage: Office and commercial retail permitted
Retail Overview
- Total Units: 2
- Sizes: 11,634.27 sq. ft. and 15,395.82 sq. ft.
- Starting Price: AED 3,500 PSF
- Positioning: Ground level with full street frontage, designed to serve a growing catchment of residents, businesses, and visitors
- Completion: Q3 2027
Payment Schedule: The LX by Mulk
| No. | Installment Milestone | Payment Date | Percentage |
| 1 | Upon Booking | 02/06/2025 | 10.00% |
| 2 | Within 30 Days from Booking | 02/07/2025 | 10.00% |
| 3 | October 2025 | 15/10/2025 | 10.00% |
| 4 | March 2026 | 15/03/2026 | 7.50% |
| 5 | August 2026 | 15/08/2026 | 7.50% |
| 6 | January 2027 | 15/01/2027 | 10.00% |
| 7 | June 2027 | 15/06/2027 | 5.00% |
| 8 | Final Payment on Handover | 15/09/2027 | 40.00% |
| Total | 100.00% |
5-Star Commercial Amenities
- Two high-impact retail units totaling 26,000+ sq. ft.
- Double-height lift lobby for prime first impressions
- Five high-speed elevators with minimal waiting times
- Access to Arjan’s healthcare, dining, fitness, and nursery ecosystem
- Nearby hospitals: Parkview Mediclinic and 7 Dimensions
- Surrounded by popular F&B brands and cloud kitchens
- Walking distance to gyms, pharmacies, and wellness clinics
Design & Finishes
- Boutique architecture with stacked structure and clean lines
- Private balconies in most offices overlooking Dubai Miracle Garden
- Floor-to-ceiling windows for natural light
- Units delivered shell and core with full customization flexibility
- Lobby and shared areas built to prime commercial standards
- Balanced proportions and integrated greenery throughout the tower
Views
- Overlooks Dubai Miracle Garden and Butterfly Garden
- Positioned within Arjan’s evolving commercial landscape
- Surrounded by open boulevards and prominent community developments
Location
Arjan, Dubailand – A Growing Business District
The LX by Mulk is located in Arjan, an emerging mixed-use district within Dubailand, Dubai. The area is positioned at the intersection of three major arterial roads: Sheikh Zayed Road, Mohammed Bin Zayed Road, and Al Khail Road, offering excellent connectivity to other parts of the city.
Within its immediate surroundings, Arjan is home to some of Dubai’s most recognisable outdoor attractions. Directly across from The LX is the Dubai Miracle Garden, known for its record-breaking floral displays. Adjacent to that is the Butterfly Garden, providing a peaceful natural setting near the workplace.
Arjan is evolving into a commercial ecosystem that includes a wide variety of services and amenities such as:
- Food & Beverage: Restaurants, cafés, coffee shops, bakeries, catering kitchens, butchers, supermarkets, mini marts, and a hypermarket
- Beauty, Wellness & Fitness: Men’s and ladies’ salons, spas, aesthetic clinics, pharmacies, medical and dental clinics, gyms, and yoga studios
- Nearby Healthcare Access: Parkview Mediclinic Hospital and 7 Dimensions Hospital
- Nurseries for Working Parents: Chubby Cheeks Nursery, Little Feet Nursery, and Miles of Smiles Nursery
Arjan also enjoys proximity to several shopping malls, including Dubai Hills Mall, Mall of the Emirates, Motor City Mall, and Circle Mall (JVC).
This strategic location, combined with the area’s growing commercial and lifestyle infrastructure, makes The LX well-positioned for businesses looking to establish a presence in one of Dubai’s most up-and-coming commercial zones.
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Illustrative model
Scenario modeller
Set your own assumptions and see how The LX by Mulk Retail behaves as a cash purchase, the same purchase mortgaged, or a capital-only resale.
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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.
