Learn more about the Mohammed Bin Rashid City (MBR) villa market through trends and average prices.
How affordable is it to live in Mohammed Bin Rashid City (MBR)?
The median sales price is approximately AED12,000,000 in Mohammed Bin Rashid City (MBR)
The median price per square feet in Mohammed Bin Rashid City (MBR) is AED3,980
The Mohammed Bin Rashid City (MBR) area currently has 1,056 properties for sale
Explore Villas in the Neighborhoods of Mohammed Bin Rashid City (MBR)
What You Need to Know About Mohammed Bin Rashid City (MBR)
MBR city, named after Dubai's Ruler, whose palace is located inside the development region, is expected to cost over AED 30 billion, according to the emirate's ruler, His Highness Sheikh Mohammed Bin Rashid Al Maktoum, who announced it in the second half of 2012. Cutting-edge tourism attractions, the world's biggest man-made lagoon, and a freehold residential area are all part of the project. This master establishment is surrounded by Meydan City, which will ultimately encircle the Dubai Racing Club and include numerous projects. It will span a fifth of the land. Mohammed Bin Rashid City, which spans more than 54 million square feet of precious land, is one of Dubai's most crucial mixed-use complexes. This is a construction project that will be greater than Manhattan. It is envisioned as a new fully-integrated city within the capital that would provide the pinnacle of luxurious urban living, with four major components: arts, retail, residential, and entrepreneurship. MBR City will house some of Dubai's most extravagant luxury residences, with huge villas and magnificent palaces situated amid sweeping lush greenery, beautiful panoramas, and fascinating water features.
His Highness Sheikh Mohammed Bin Rashid personally opened the project in May 2015. With a diverse range of housing, entertainment, retail, and dining options, this region has swiftly increased in popularity, and tourists are never disappointed by its stylish, vibrant, and cosmopolitan lifestyle. It's a joint venture between the Meydan Group and the Sobha Group. The spectacular houses will have a one-of-a-kind and exquisite architectural style steeped in cultural aspects, with a splash of modern aesthetics tossed in for added ultra-luxury. This project will house a variety of art galleries, providing several chances for art in the area. It will be connected to Downtown Dubai and Business Bay by the Cultural Crossing.
Popular Areas in Mohammed Bin Rashid City (MBR)
MBR (Mohammed Bin Rashid City) was supposed to be finished by 2020. While handovers have begun and much of the region is now complete, there have been several new projects added throughout time. Nowadays, high-rise and mid-rise residences, as well as luxury villas and townhouses, are rented and sold in the area. The area is located between the well-connected Sheikh Mohammed Bin Zayed Road, Sheikh Zayed Road, and Al Khail Road. The development includes a leisure hub, the world's largest retail mall, a large-scale park, and the world's largest man-made lagoon. In May 2015, His Highness Sheikh Mohammed Bin Rashid personally launched this project. MBR City, which is ideally located along Al Khail Road, is within walking distance of the world-famous Burj Khalifa, the celebrated Dubai Opera, and the fascinating Dubai Fountains. It will also be connected to Downtown Dubai and Business Bay by the Cultural Crossing tunnel, which will house a number of world-class art galleries.
Due to the proximity of the Meydan Hotel, the MBR City will be a fascinating neighborhood for animal enthusiasts, with both an equestrian and falcon center. With several cafés, entertainment centers, retail shops, and many more futuristic constructions coming up, Mohammed Bin Rashid City provides a community with a bustling environment in an ultra-modern setting. District One will be a remarkable residential community within the area of MBR City, with an exclusive collection of residential villas and townhouses designed in three architectural styles; Contemporary, Arabesque, and Mediterranean. This neighborhood is also close to a world-class golf course, a spectacular 7-kilometer crystal lagoon, and acres of lush open spaces. One of MBR City's newest and most interesting leisure activities is this amazing park, which was built in collaboration with Universal Studios International. It will be 30% larger than Hyde Park in London and will be able to host millions of people from all over the world.
Types of Villa in Mohammed Bin Rashid City (MBR)
Those looking to invest in exquisite houses will find the prices to be extremely reasonable, especially when compared to the amenities offered. The scale of the community's future developments show that buying a villa for sale in this region is a good investment. The residential units in the community are designed with green construction standards in order to preserve energy, create a natural environment, and maintain efficient environmental processes, and they provide a luxurious atmosphere and a premium lifestyle. Villas are one of the most well-known forms of properties for sale in this area. As the neighborhood develops, it is expected to become a new Downtown Dubai in the not-too-distant future. The project's first two stages were completed in 2019 and handovers have already begun, but the third phase is nearly complete. Some of the most anxiously awaited sectors of Dubai Hills Estate and District One are now open for business. The most popular location for villas in MBR City is District One. The neighborhood provides a luxurious lifestyle by combining Arab and European influenced elements in a modernistic environment. Some offer views of the lagoon, while others have partial canal views. In MBR City, there are numerous brand new, fully furnished villas with 5 to 6 bedrooms. These residential investment flats, on the other hand, could offer more options or larger floor layouts.
Lifestyle Factors in Mohammed Bin Rashid City (MBR)
MBR Dubai provides a diverse suburban lifestyle, with contemporary villas, Mediterranean villas, and modern Arabic villas among its offerings. MBR City is a bustling new address that provides a serene yet sophisticated lifestyle. Residents will have access to long stretches of lush open space that will create a peaceful, fresh, and comfortable living environment. With endless panoramas of breathtaking vistas, the peaceful suburban setting is a haven for nature and outdoor enthusiasts, as well as an ideal family-friendly lifestyle. MBR City is known for its central location, and many important amenities are within a significantly short distance, if not within the community's boundaries. Known institutions such as Emirates HospitalDubai are a 15-minute drive from MBR City. Meydan One Mall, one of the world's largest shopping malls, will be another major addition to MBR City's rapidly expanding infrastructure. With over 600 stores and eateries, including many of the world's most famous brands, Meydan One is one of Dubai's most popular shopping malls. This proposed mall in the UAE's capital city will have the world's largest dancing fountain as well as indoor recreation facilities, including water sports.
Top Reasons to Invest in Mohammed Bin Rashid City (MBR)
Sheikh Mohammed Bin Rashid Al Maktoum City is a major mixed-use development in the United Arab Emirates, with world-class entertainment and luxury residences. MBR City is already being referred to as the future downtown of the emirate. A cosmopolitan, family-oriented neighborhood featuring villas and mixed-use buildings and offering a range of attractive amenities and services. Once completed, MBR City will have luxurious villas, cutting-edge recreational and entertainment amenities, and a selection of hotels. The total size of this huge mixed-use complex is more than 50 million square feet. One of MBR City's most distinguishing features is that it will be home to the world's largest lagoon, complete with a man-made beach for residents to relax on. MBR City is surrounded by a number of well-known Dubai landmarks. The world's tallest skyscraper, the Burj Khalifa, and the Dubai Mall are all 15 minutes apart. The wetland preserve Ras Al Khor Wildlife Sanctuary, located at the end of Dubai Creek, is 15 to 20 minutes away. Because MBR City is bordered by Downtown Dubai, a large number of hotels are within walking distance. The initiative is anticipated with bated breath since some of the advances have the potential to break new ground.