Mohammed Bin Rashid City, Dubai
Luxury homes next to Downtown Dubai and Business Bay
Named after the Ruler of Dubai and one of the most respected people in the UAE’s history, Mohammed Bin Rashid City is an ambitious and mixed-use community in the heart of Dubai. Luxury homes in MBR City are next to Business Bay and Downtown Dubai – the centers of the business community and tourism in Dubai. It takes 10 minutes by car to get to the Burj Khalifa. The project is still underway. That’s why off-plan properties in Mohammed Bin Rashid City attract investors from all over the world.
Projects in Mohammed Bin Rashid City, Dubai
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About district Mohammed Bin Rashid City
- Description
- Price Analysis
- Infrastructure
Named after the Ruler of Dubai, Mohammed Bin Rashid City is a quiet and premium family area with no high-speed traffic. However, there are kindergartens, schools, parks, and artificial ponds. Besides, MBR City is adjacent to Business Bay and Downtown Dubai – districts where business and tourism are in full swing. It takes 10 minutes to get to the Burj Khalifa and Dubai Mall. That’s why the demand for local properties is high.
Mohammed Bin Rashid City (MBR City) in Dubai remains a promising investment area due to its modern residential developments, strong rental yields, and convenient location near key business and entertainment hubs. The average rental yield (ROI) is approximately 6-7%, with potential growth driven by high demand for quality properties.
The neighborhood is still under construction, and its appearance will only improve with time. It houses schools, nurseries, supermarkets, restaurants, parks, sports grounds, and a golf course. The main attraction here will be The Meydan One Mall – a shopping and entertainment complex with an indoor ski slope, an arena for 30 thousand people, a dancing fountain, and a lagoon.
Enjoy the exceptional benefits of Mohammed Bin Rashid City
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Key Benefits of Owning Property Here
The proximity to the central regions and the tranquility of the suburbs are the main reasons why investment properties in MBR City are so popular. Business Bay is a 5-minute drive from here, the international airport is within a 20-minute drive, and Jumeirah Beach is 12 minutes away. Many people dream of living in a family area but still follow the rhythm of the metropolis. That’s why villas and apartments for sale in MBR City are constantly growing in price.
Types of Housing: Townhouses, Villas, and Apartments
Sobha Group, Azizi Developments, Ellington Properties, and other companies are responsible for the development of this community. But you can still find affordable properties in MBR City. Thus, a studio of up to 50 m² can cost $170,000 to 200,000. As for penthouses with 5 bedrooms, their price starts at $3 million. The district has a lot of villas. You can fit in $1 million or less if you buy an off-plan property. The average cost of a golf course villa in MBR City is $4 million for 700 m² of true luxury. If you need something cheaper, look closer at townhouses, which start at $600,000.
Why Buy a Property Here
Any residential project near Downtown Dubai is a valuable resource. Moreover, The Meydan One Mall – one of the world’s grandest shopping and entertainment complexes, is currently under construction here. It will house 550 shops, 180 cafes and restaurants, an indoor ski slope, Grand Civic Plaza, a dancing water fountain, a medical clinic of 5430 m², and other facilities. The area also has convenient access to E44, from where it is easy to get to any point in Dubai.
How to Invest in Real Estate Here
Mira Estate, a full-service agency, will help you buy real estate in Mohammed Bin Rashid City. We help foreigners invest in Dubai infrastructure in a way that will achieve maximum benefit or move to the city for permanent residence – with visa processing, opening bank accounts, explaining legal nuances, and resolving other issues that may interest you.
What might interest you
- What Types of Properties Are Available in the Area?
The choice is unlimited. Developers offer both apartments in multi-apartment residential complexes with breathtaking views of artificial lagoons and premium villas and townhouses. This area is still under construction, which allows investors to buy land for their projects.
- What Are the Advantages of Investing in this Area?
The main benefit is its convenient location. It takes 5 minutes by car to get to Business Bay and 10 minutes – to Downtown Dubai. The international airport is no more than 20 minutes away. Before the pandemic, the UAE government had grand plans for developing this neighborhood. For example, it was supposed to build the world’s largest shopping mall and the tallest residential complex here. The COVID made its adjustments. But in the future, this community will only look better.
- What Are the Infrastructure Facilities Here?
There are three schools, nurseries, a racetrack, a golf club, an artificial lagoon, dozens of parks and sports grounds, pharmacies, and supermarkets. Currently under construction, The Meydan One Mall will include a 1-km-long indoor ski slope. The area is perfect for families with children and business people since the proximity of Business Bay and Downtown Dubai opens up countless entrepreneurial opportunities.