Mohammed Bin Rashid City (also known as MBR City) is one of the largest cross-functional developments in Dubai. It is also one of the youngest projects in the emirate, as its construction only began in 2012.
The area is named after the Vice President and Prime Minister of the UAE and the current Ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum. The total area of the district is 108 sq. km, with the total cost of the development exceeding USD 8 billion.
The construction of the district is still in progress but once completed there will be 26,400 residential units built by the end of the completion date. MBR City has its own monorail network that connects the area with two international airports.
The project also includes The Mall of the World with the world’s largest swimming pool, hospitals, schools, hotels and sports centers. The developers also have an extravagant plan to transform the area with beautiful landscaping as well.
MBR City is very well connected with Downtown Dubai and Business Bay and is nestled between:
It is important to note that there is no direct public transport between Dubai and Mohammed Bin Rashid City, although one can take the 84 bus line to Al Quoz, Al Khail Gate 1 and then take a taxi to MBR City. This takes about an hour and costs between USD 8 to USD 11. One can also take a taxi, which will save half the travel time and will cost about USD 13 to USD 15.
The area is just a 10-minute drive from the city center – Downtown Dubai, and has some pretty incredible surroundings, with a beautiful 7km long artificial crystal lagoon, a 14 km long promenade and an 8.4 km bike and running paths, as well as spacious parks and impressive architecture.
The nearest metro stations to the development are:
It takes about 20 minutes by car to get to Dubai International Airport and about 40 minutes to Al Maktoum Airport.
There are many schools, kindergartens and universities near MBR City, these include:
The most popular clinics near MBR City are:
The area has all the elements for a comfortable life. The largest shopping center in the world will be the upcoming Mall of the World which sits right behind the development.
Mall of the World was created as a separate city with shops, restaurants, residences, hotels and entertainment all as part of one complex. A key feature of the project is its retractable glass roof, which can be closed during the hot summer months while still allowing outdoor shopping during the winter.
Plans for the construction of the world’s largest shopping center in Dubai were first announced back in 2012 as a part of Mohammed Bin Rashid City’s development programme. The complex covers an area of about 4.5 million square meters.
Upon completion, the mall will be a place for the world’s largest shopping center with an area of over 740 thousand square meters. There is no other shopping center like it in Dubai. The mall will be presented in the form of an extensive network of shopping streets and will include the largest indoor theme park in the world.
The development will be located between the Mall of the Emirates and Madinat Jumeirah, in the heart of Dubai. The construction project will include 100 hotels and 50,000 parking spaces that are connected by 4.3 miles of walking spaces with specific areas that will house theaters to replicate the famous London’s West End district.
This shopping center was built in Global Village instead of the existing suburban pavilions. The Cityland Mall’s main outdoor space is an open-air garden called Central Park and is 4.59 acres in space.
The area includes a wonderful mini Dubai Miracle Garden, a mini water park, a 300-year-old landscaped garden, a Japanese garden and a 360-degree roof garden. The shopping center has six themed pavilions, an amphitheater with 3,000 seats, VOX cinemas, restaurants and cafes.
The development of the project began in 2016 at the Dubai Municipality. The 7-storey building will house over 4.5 million books and 8 specialized libraries including children’s, youth, family, multimedia, business, Arabic, international and popular genres.
The Mohammed Bin Rashid City project offers opportunities to attract entrepreneurs and stimulate innovation. The most impressive element is that it boasts the least dense population within this size of development, with more than 65% of land allocated to green space.
The flexible payment plan for real estate in most off-plan projects offers buyers bank financing of up to 80% for both ready projects and those still under construction. There is a wide range of solutions for financing housing purchases.
Mohammed Bin Rashid City is home to a number of public and private developers. Emaar and Meraas Holding carry out large-scale projects that include residential and commercial real estate, such as the Dubai Hills Estate. Other companies like Sobha and Azizi Developments, focus on luxury and affordable real estate from villas to apartments – these are the Mediterranean Villas, Sobha Hartland and the Azizi Riviera as well as the Azizi Victoria apartment complexes.
The average net return on investment for property in MBR City is no less than 8%. Additionally, developers offer discounts and bonuses when purchasing a property.
Mohammed Bin Rashid City includes both Meydan City and District One by Meydan Sobha. The developer offers their properties solely as an investment. In addition, the developer’s offer also includes an extended off-plan payment for the purchase of real estate. Properties for sale are designed in three architectural styles – Arabic, Mediterranean and Modern.
Acacia at Park Heights is a unique residential complex in MBR City. The complex is a joint venture between Emaar and Meraas Holding and is located along the Al Khail Road, southeast of Downtown Dubai. Acacia consists of three residential buildings with a total of 477 apartments, including 1, 2 and 3-bedroom units, located in Dubai Hills Estates.
One-bedroom apartments cost from USD 190,000 with the annual rent for this type of real estate starting at USD 16,000. ROI is 8.4%
This apartment complex consists of four buildings from 5 to 17 floors and is located in the luxury housing area of District One Residences in the prestigious Mohammed Bin Rashid City (MBRC) of Dubai. Residences are close to the racecourse and Meydan Racecourse grandstand, The Track Meydan Golf 9-hole lighted golf course, the 5-star Meydan Hotel on the side of the racecourse and the future Meydan One Mall.
District One is being built on the banks of the artificial Crystal Lagoon canal, which has a total length of 4.3 mi.
One-bedroom apartments in District One Residences cost USD 350,000. The annual rent will cost USD 16,000 and will acquire an ROI of 5%.
It is worth noting that the central element of District One is the artificial lagoon Crystal Lagoon, the total length of which is 7 km. In addition, Crystal Lagoon is surrounded by 14 km of artificial beaches, parks, waterways and forests. Also in April 2021, District One launched its free wellness program, which offers a series of wellness activities for body and mind, held near Crystal Lagoon every Friday and Saturday.
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