Area Overview: Mohammed Bin Rashid City
Dubai’s property market is tempting for all the right reasons. From world-class amenities to architectural spectacles, the city is home to properties of the highest quality. Several areas hold platinum status in terms of amenities and properties on offer. Mohammed Bin Rashid City (MBR City) is one such well-known area in Dubai’s property market. The opulent neighbourhood is home to different property types of the highest quality – catering to various tastes and budgets.
Mohammed Bin Rashid City (MBR City) – A Bird’s Eye View
The MBR City project was announced in 2012 by the rule of the Emirate His Highness Sheikh Mohammed Bin Rashid Al Maktoum. Spanning over an area of 54 million square feet, it has numerous property types to offer.
Additionally, the area houses numerous commercial, tourist and cultural venues. Termed ‘a city within a city’, the area houses several malls, outlets and recreational points. Moreover, proximity to some major roads such as Sheikh Zayed Road (E11) and Sheikh Mohammed Bin Zayed Road (E311) makes mobility a breeze.
Furthermore, MBR City lies close to other popular areas such as the following:
- Business Bay
- Downtown Dubai
- Business Bay
- Dubai Design District
- Al Quoz
Properties in MBR City Dubai
As a mixed community, MBR City does not fall short on property options. The many types of properties in the area cater to different lifestyles, requirements and budgets.
Apartments For Sale in MBR City
Apartments remain a popular choice for people looking for rather budget-friendly living and investment options. Fortunately, people can find different apartment types in Mohammed Bin Rashid City. The popular communities for buying apartments in MBR City as per dubizzle data are mentioned below.
POPULAR BUILDING | ROI | AVERAGE PRICE (AED) | STUDIO | 1-BED | 2-BED |
District One | 7.45% | 2,484,000 | 674,000 | 1,684,000 | 2,895,000 |
District 11 | 8.23% | 1,889,000 | NA | 912,000 | 1,263,000 |
District 7 | 48.49% | 1,484,000 | 619,000 | 1,286,000 | 5,069,000 |
Gemini Splendor | 6.15% | 2,129,000 | NA | 1,320,000 | 2,038,000 |
KOA Canvas | 7.46% | 1,677,000 | NA | 1,444,000 | 2,300,000 |
Apartments For Rent in MBR City
Renting an apartment is a viable option to save money upfront. Additionally, people can enjoy all the amenities the apartment complex offers without needing to own the place. In addition to the many apartments for sale, Mohammed Bin Rashid Al Maktoum City has plenty of rental apartment options. The popular communities for apartment rentals in MBR City are mentioned in the table below.
POPULAR BUILDING | AVERAGE YEARLY RENT (AED) | STUDIO | 1-BED | 2-BED |
District One | 143,000 | NA | NA | 113,000 |
District 11 | 113,000 | 58,000 | 1,350,000 | NA |
District 7 | 704,000 | NA | 82,000 | NA |
Gemini Splendor | 82,000 | NA | 10,000 | NA |
District One West | 10,000 | NA | 110,000 | 180,000 |
Disclaimer: The aforementioned popular buildings are based on transactions done on the dubizzle platform. They do not reflect the actual real estate transactions governed by regulations in the Emirates.
Villas For Sale in MBR City
Villas provide the ultimate luxury living experience. Moreover, buying luxury villas in Dubai remains a lucrative investment option. Luckily, home seekers can find numerous types of villas in Mohammed Bin Rashid City. Listed below are the top communities for buying villas in MBR City.
POPULAR COMMUNITY | ROI | AVERAGE PRICE (AED) | 3-BED | 4-BED | 5-BED |
District One | 6.60% | 23,825,000 | 3,109,000 | 11,497,000 | 17,718,000 |
District 11 | 6.18% | 8,480,000 | 3,372,000 | 5,071,000 | 17,310,000 |
District 7 | 9.47% | 11,822,000 | 3,757,000 | 8,585,000 | 13,916,000 |
District One West | NA | 36,700,000 | NA | 9,696,000 | 16,036,000 |
Villas For Rent in MBR City
While luxury living comes at a cost, renting a villa is a comparatively feasible option to enjoy the luxury living experience. Additionally, Mohammed Bin Rashid City villas come with all the amenities people look for in a luxury development. Here are the most popular communities for renting villas in MBR City.
POPULAR COMMUNITY | AVERAGE YEARLY RENT (AED) | 3-BED | 4-BED | 5-BED |
District One | 1,370,000 | NA | 964,000 | 1,386,000 |
District 11 | 230,000 | 199,000 | 251,000 | NA |
District 7 | 250,000 | 290,000 | NA | NA |
Meydan City | NA | NA | NA | NA |
Life in Mohammed Bin Rashid City
The various property types aren’t the only tempting thing in MBR City. The opulent villas and luxury apartment amenities ensure residents make the most of their time inside their properties. Similarly, the area has a whole lot to offer – enhancing the living experience in the community.
SHOPPING MALLS
One of the largest attractions in the area will be the Meydan One Mall. The mega mall will be among the largest shopping malls in the world. From famous brand outlets to numerous activities, the Meydan One Mall remains the one to watch out for.
Till the mega mall opens, residents still have many options to fulfil all their shopping needs. The Mercato Mall, Dubai Mall and Mall of the Emirates, all lie in proximity to the area. With the available variety, the shopping needs of the residents of MBR City can be fulfilled with ease.
RESTAURANTS
Foodaholics can find a wide variety of outlets to fulfil all their cravings. Some of the notable eateries in proximity to MBR City include PF. Changs at the Dubai Mall, The Cheesecake Factory and At.mosphere at Burj Khalifa.
Besides, residents can easily travel to the nearby area of Downtown Dubai and visit the many food outlets available there.
BEACHES
Residents of Mohammed Bin Rashid City can enjoy the benefits of beachfront living as the world’s largest lagoon will lie in the area. The 7-kilometre water body offers majestic views from the properties and people can always head on to take a dip in the waters.
Moreover, Jumeirah Beach, Sunset Beach and Kite Beach are not very far from the community. With the activities available at these beaches, residents can enjoy their time at the sea to the fullest.
SCHOOLS AND HOSPITALS
As a family-friendly community, MBR City ensures that all needs of residents are met. Consequently, families with children can find several educational institutions in the area. North London Collegiate School Dubai and Hartland International School are known institutes in MBR City.
Furthermore, residents need not travel far when it comes to medical needs. American Hospital Dubai and Emirates Hospital Dubai are a 15-minute drive from the community. Besides, there are other hospitals and wellness clinics as well.
TRANSPORTATION
Mobility to and from the community remains a breeze because of MBR City’s ideal location. While several major roads are in proximity to the area, public transportation is also easily accessible. For instance, residents can commute in the Dubai Metro using the ONPASSIVE Metro Station and Business Bay Metro Station which are 10 minutes away from the area.
FAQs
Is Mohammed Bin Rashid City a good investment?
Considering the numerous amenities, ideal location and popularity, MBR City is a good investment option. Additionally, it is one of the freehold areas in Dubai – allowing expats to own and lease properties as well.
Is Dubai Hills part of MBR City?
Yes, Dubai Hills is a part of the Mohammed Bin Rashid City. It is centrally located in MBR City.
Is MBR City a good place to live?
Properties in MBR City come equipped with world-class facilities. Moreover, the area lies close to major city attractions and popular areas. Therefore, residents can find an ideal lifestyle along with many additional offerings.
This is everything about MBR City Dubai. The popular area, with all its offerings, remains a preferred living and investment option for all the right reasons. Moreover, residents can find several off-plan projects in the area – making the area more intriguing for property seekers.
Check out the many benefits of buying properties in Dubai and see what makes the Emirate a viable investment option.
Moreover, go through these properties for sale in MBR City to get a place in this popular area.
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