Prospect, in partnership with Mulk Properties, has announced the launch of The LX, an AED350M boutique office and retail development in Arjan.
Set for handover in Q3 2027, The LX features 71 premium boutique office units and two curated retail spaces.
With demand for flexible, high-specification office spaces at an all-time high in Dubai, The LX is positioned to fill a significant gap in Dubai’s evolving commercial real estate sector, the companies said.
“The LX marks our strategic entry into Dubai’s commercial property segment and we’ve done so with intention and insight,” said Nawab Shaji Ul Mulk, Chairman of Mulk International. “With Arjan’s explosive growth and limited premium office supply, The LX provides the kind of asset that can define the district,” he said.
Rajat Verma, Co-Founder of Prospect, said the project will be targeted solution to an urgent market demand. “Our goal has always been to develop where demand is real and rising. Arjan is on the cusp of a commercial renaissance and The LX will be at the forefront of that transformation,” he said.
