MBR City is a new development area in Dubai, named after His Highness Sheikh Mohammed bin Rashid Al Maktoum, the Vice President and Prime Minister of the UAE and Ruler of Dubai. It is a high-end residential and commercial development project located in the heart of Dubai.
MBR City was first announced in 2013 as part of the Dubai Plan 2021, which aims to make Dubai one of the most livable and sustainable cities in the world. The development is spread over an area of 45 million square feet and is a combination of luxury residential properties, retail spaces, and world-class amenities.
Key Facts
- Location: MBR City, also known as Mohammed Bin Rashid City, is a master-planned development located in the heart of Dubai, United Arab Emirates, spanning over 54 million square feet.
- Size: The development includes residential, commercial, and leisure spaces, with a mix of apartments, villas, and townhouses.
- Accessibility: MBR City is well-connected to other parts of Dubai via major roads, including Sheikh Zayed Road and Al Khail Road, and is also accessible via public transportation.
- Architecture: MBR City features a range of architectural styles, from modern and contemporary to traditional Arabic, with a focus on luxury and sustainability.
- Attractions: The development offers a range of attractions and entertainment options, including shopping malls, restaurants, cafes, cinemas, and parks.
- Real estate: MBR City offers a range of luxurious residential properties, including apartments, villas, and townhouses, with world-class amenities and services.
- Cultural hub: MBR City is designed to be a cultural hub, with several museums, art galleries, and cultural centers planned for the development, including the upcoming Museum of the Future.
- Tourist destination: MBR City is a popular tourist destination, attracting visitors from around the world who come to experience its luxury lifestyle, cultural attractions, and scenic views of the city.
- Environmental sustainability: MBR City is designed to be an environmentally sustainable development, with several initiatives in place to reduce its carbon footprint and conserve natural resources.
Buying Real Estate in the area
One of the main advantages of investing in MBR City is its prime location, which is close to some of the most iconic landmarks in Dubai, including the Burj Khalifa, Dubai Mall, and Dubai Opera. The development also offers a wide range of world-class amenities, including retail spaces, restaurants, cafes, and leisure facilities.
Another advantage of investing in MBR City is its long-term potential for growth and appreciation, as the area is expected to become one of the most sought-after residential and commercial destinations in Dubai.
However, the main disadvantage of investing in MBR City is the high prices of properties, which may not be affordable for everyone. Additionally, the area is still under development, which means that there may be some uncertainties regarding the future of the project.
Some of the popular areas for buying property in MBR City include District One, Sobha Hartland, and Mohammed Bin Rashid Al Maktoum City — District Eleven. These areas offer a wide range of luxurious properties with world-class facilities and amenities.
The prices of properties in MBR City vary depending on the type, size, and location of the property. According to recent reports, the average price of a villa in MBR City ranges from AED 6 million to AED 20 million, while the average price of an apartment ranges from AED 1.5 million to AED 3 million.
MBR City is still under development, and there are many future development plans in the pipeline. Some of the major projects include the Meydan One Mall, which is expected to be one of the largest malls in the world, and the Dubai Hills Mall, which is expected to be a world-class retail destination.
Additionally, the area is also expected to feature a wide range of cultural and entertainment venues, including museums, theaters, and art galleries.
Rental Trends and Prices
MBR City is an upscale residential area in Dubai that has seen steady growth in rental prices over the past few years. The average rental prices for villas, townhouses, and apartments in the area are on the higher side, reflecting the area’s luxury status. The rental prices for a one-bedroom apartment can range from AED 60,000 to AED 80,000 per year, while a three-bedroom villa can cost around AED 300,000 to AED 500,000 per year.
When it comes to the best areas for renting in the MBR City, the Sobha Hartland, Mohammed Bin Rashid City, and District One are some of the most sought-after communities. These areas offer residents easy access to world-class amenities and facilities.
Rental trends in the area show that demand for properties in MBR City is consistently high, with many people attracted to the area’s luxurious lifestyle and prime location. As a result, rental prices are expected to continue to rise, making it an ideal time for investors to consider buying property in the area.
Transportation Availability
MBR City is well connected to major landmarks and attractions in Dubai, making transportation in and around the area easy and convenient. Residents can travel by car, taxi, or public transportation to reach popular destinations such as Downtown Dubai, Dubai Mall, and Dubai International Airport.
In addition to traditional transportation methods, MBR City is also home to an extensive network of cycling paths and pedestrian walkways. These paths and walkways provide residents with a safe and eco-friendly mode of transportation.
The area’s transportation infrastructure is set to improve even further in the coming years, with plans for a new metro line that will connect MBR City to the rest of Dubai’s transportation network.
Amenities, Schools, and Healthcare
MBR City offers residents access to a range of world-class amenities, including supermarkets, restaurants, cafes, and retail outlets. The area is also home to several top-rated schools, including GEMS International School and Hartland International School. Healthcare facilities in the area are also of the highest quality, with Dubai Creek Hospital and Mediclinic Parkview Hospital located nearby.
Shopping, Dining, and Nightlife
MBR City offers a variety of shopping destinations, dining options, and entertainment venues. The area is home to several malls such as Cityland Mall and Meydan One Mall. These malls offer a wide range of international and local brands, cinemas, and restaurants, making them popular spots for residents and visitors alike.
There are also several fine dining restaurants located within the area, such as the French-inspired Bistro des Arts and the contemporary Japanese restaurant Izakaya. Other popular dining options in MBR City include Zuma, Cavalli Club, and Atmosphere Lounge.
For those seeking a lively nightlife, MBR City has several options to choose from. The world-renowned Cavalli Club is located in the Fairmont Hotel, offering guests an unforgettable experience with its luxurious décor, world-class DJ performances, and signature cocktails.
Beaches Near the area
MBR City is located near the coast, and residents have easy access to some of Dubai’s most beautiful beaches. The nearest beach is Jumeirah Beach, which is just a short drive away. This popular beach is known for its crystal-clear water, white sand, and stunning views of the Burj Al Arab.
Another popular beach nearby is Kite Beach, which is known for its ideal conditions for kite surfing and other water sports. The beach also features several food trucks, a running track, and a playground, making it a popular spot for families and fitness enthusiasts.
Leisure Activities and Notable Landmarks
MBR City offers plenty of leisure activities for residents to enjoy. One of the most notable landmarks in the area is the Dubai Miracle Garden, which is the world’s largest flower garden. It features over 45 million flowers arranged in stunning displays and is a popular destination for families and nature lovers.
Another popular attraction in the area is the Dubai Polo & Equestrian Club, which offers world-class horse riding facilities and hosts several international polo tournaments throughout the year.
For those seeking outdoor activities, MBR City is home to several parks and green spaces, including the District One Park, which features a 7-kilometer jogging track, cycling track, and a man-made beach.
Outdoor Activities, Fitness, and Beauty
MBR City offers a range of fitness and beauty facilities for its residents. There are several gyms and fitness centers in the area, including Flywheel Sports and GymNation. Residents can also enjoy various outdoor activities and sports facilities, such as cycling and jogging tracks, football fields, tennis and basketball courts, and golf courses. In addition, there are several beauty and wellness services available in the area, including salons, spas, and yoga studios.
Nearby Communities
MBR City is located near several other popular communities in Dubai, including Downtown Dubai, Business Bay, and Dubai Hills Estate. These communities offer a range of shopping, dining, and entertainment options, as well as access to major landmarks and attractions such as the Burj Khalifa, Dubai Mall, and Dubai Opera. MBR City is also well-connected to other parts of Dubai through major highways and public transportation.
Conclusion
MBR City is a rapidly developing area in Dubai that offers a luxurious and comfortable lifestyle for its residents. With a range of properties available, including villas, townhouses, and apartments, there is something for everyone in this community. The area offers easy access to major landmarks and attractions, as well as a range of amenities and facilities, including schools, healthcare facilities, shopping destinations, and outdoor activities. MBR City is a great option for those looking for a modern and upscale community to live in or invest in.