Dubai commercial real estate is about to welcome a new name – The LX, a premium business development worth AED 350 million. This new project is being built in Arjan, one of Dubai’s fastest-growing areas.
The LX is a joint venture between two experienced companies — Prospect, a local real estate investment firm, and Mulk Properties, part of the well-known Mulk International group. Together, they aim to offer something fresh and modern for businesses in Dubai.
A big step for business in Arjan
Arjan is already becoming a popular area for living and working. But so far, it has lacked high-quality office spaces. That’s where The LX comes in.
The developers believe this new project will help fill that gap. It’s designed to attract small and medium-sized businesses, as well as investors who want a strong return in a growing market.
Modern features that businesses want
The LX is more than just an office building. It’s a modern commercial hub that focuses on design, location, and comfort.
Here’s what’s included:
- 71 boutique office units with modern interiors
- Two retail spaces on the ground floor for shops or cafes
- Spacious balconies with natural light and fresh air
- Dedicated F&B (food and beverage) hub
- Great location with direct access to major roads like Sheikh Zayed Road
- Expected handover in Q3 2027
This mix of features is made to meet the new expectations of today’s business world.
Why this project matters in Dubai commercial real estate
Dubai commercial real estate is changing. Companies today want more than just a desk and four walls. They are looking for places where they can grow, network, and enjoy modern amenities.
The LX answers that need.
It offers:
- Flexible workspaces that allow businesses to expand
- Stylish design that reflects company identity
- Convenient access for both staff and clients
The developers are confident that this is what companies are asking for — and they want to lead that change.
Ideal for investors and entrepreneurs
The LX isn’t just for companies. It’s also a great opportunity for property investors.
Because Arjan is developing quickly, property values are likely to go up. And since office spaces are limited in the area, demand will probably stay high.
That means:
- Good rental returns for investors
- Steady value growth over time
- A strong asset in a reliable market like Dubai
This makes The LX a smart pick for both local and international investors.
The people behind the project
The teams at Prospect and Mulk Properties say The LX is the result of long-term planning and market research.
According to the developers, they saw how Arjan was becoming a key area for businesses. But the space for commercial use wasn’t keeping up with demand.
That’s why they designed The LX to:
- Be purpose-built for business
- Use high-quality materials and finishes
- Offer a place where people can work, shop, and connect
They believe The LX will help Arjan grow even faster and give businesses a space to thrive.
What makes The LX stand out
In a city full of skyscrapers and office parks, what makes this one different?
- Smaller, boutique units: Perfect for startups, SMEs, and flexible teams
- Retail access: Adds convenience for both tenants and visitors
- Stylish balconies and open areas: A focus on comfort and health
- Strong branding: The LX will become a known name in Arjan
The development blends practical function with beautiful design, which is what more and more businesses are asking for.
Handover in 2027: What to expect
The project is already in motion and is planned to be ready by Q3 2027. This timeline gives buyers, renters, and investors time to plan.
There will also be easy payment plans offered through the official sales partner, One Broker Group, making it more accessible to a wide range of clients.
With steady construction progress expected, The LX is likely to draw attention in Dubai’s real estate scene well before its official opening.
Dubai’s commercial scene is evolving
Dubai has long been known for its luxury residential towers. But now, attention is shifting to the commercial side of real estate.
Businesses are growing, the tech sector is expanding, and the need for modern office space is higher than ever.
The LX is being built with this new business era in mind. It’s part of a bigger trend — one where quality, location, and functionality come together.
Final thoughts
The LX by Prospect and Mulk Properties marks a new chapter in Dubai commercial real estate.
With a prime location in Arjan, modern design, and a focus on comfort and practicality, it promises to meet the changing needs of businesses and investors alike.
Whether you’re a startup looking for a first office, or an investor seeking the next big opportunity, The LX offers a strong foundation for growth.
As Dubai’s business world evolves, projects like The LX show that the city is ready to lead — not just in luxury living, but also in smart, scalable business spaces.
Read More: Minor Hotels Uses Smart AI Tool to Train Global Teams
