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Mohammed bin Rashid City (MBR City) is a large-scale mixed-use development project in Dubai, United Arab Emirates. The project was announced in November 2013 by Vice President and Prime Minister of the UAE, and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum.
The city covers an area of 71 square kilometers and will include residential, commercial, retail, hospitality, leisure, and entertainment components. It is expected to house up to 500,000 people once complete.
MBR City is one of the largest developments in Dubai and it contributes to the city’s position as a leading global destination.
Mohammed Bin Rashid (MBR) City is a vast new project planned for the largely empty land to the south of Business Bay. So far, development has focused on the construction of major road infrastructure, with the first residential and commercial developments.
A quarter of the area will be covered by Meydan City which will eventually surround the Dubai Racing Club and comprise several developments, namely Meydan 1, Sobha Hartland, Meydan Metropolis, MBR City District One, Dubai Racing Club, Nad Al Sheba 1, Millennium Estates, Meydan Grand Views, Meydan Heights and Mag Eye at Meydan (formerly known as District 7).
The community will have its own schools, hospitals, parks, and other amenities. The project is expected to be completed by 2025.
Location
RESIDENTIAL COMPONENTS
Mohammed bin Rashid City will include a variety of residential developments catering to different lifestyles and budgets.
Some of the notable residential communities in the city include:
– Dubai Hills Estate: A luxury gated community located on the south side of MBR City, offering villas and townhouses with views of the golf course and the skyline.
– Jumeirah Park: A family-friendly community featuring a mix of villas, townhouses, and apartments.
– Nad Al Sheba: An upmarket residential area located near the iconic Meydan Racecourse, offering villas and townhouses with views of Downtown Dubai.
– The Lagoons: A water front community consisting of high-rise apartment towers and townhouses, with views of the lagoon and the skyline.
– Business Bay: A central business district featuring a mix of residential and commercial developments.
– Downtown Dubai: The iconic downtown area of Dubai, home to the world’s tallest building, Burj Khalifa, and the largest shopping mall, The Dubai Mall.
COMMERCIAL COMPONENTS
Mohammed bin Rashid City will also include a variety of commercial developments catering to businesses of all sizes.
Some of the notable commercial communities in the city include:
– Business Bay: A central business district featuring a mix of residential and commercial developments.
– Downtown Dubai: The iconic downtown area of Dubai, home to the world’s tallest building, Burj Khalifa, and the largest shopping mall, The Dubai Mall.
– Jumeirah Lakes Towers: A mixed-use community featuring residential and commercial towers, with views of the artificial lakes.
– Media City: A hub for media and technology companies, featuring office buildings, studios, and support facilities.
– Internet City: A hub for internet and technology companies, featuring office buildings and data centers
PROPERTIES IN MBR CITY
Mohammed bin Rashid City offers a wide range of property types for sale and rent, including villas, townhouses, apartments, and office space.
For those looking to buy property in MBR City, there are a number of important factors to consider, such as location, budget, and desired lifestyle.
Villas in Mohammed bin Rashid City range from modest 3-bedroom homes to large 10-bedroom mansions. Prices start at around AED 5 million and go up to over AED 100 million.
Townhouses in MBR City are a more affordable option than villas, with prices starting at around AED 3 million. These properties are typically larger than apartments but smaller than villas, making them a good option for families.
Apartments in MBR City range from 1-bedroom units to large 4-bedroom apartments. Prices start at around AED 1 million and go up to over AED 20 million.
Office space in MBR City is available in a variety of sizes and price ranges, depending on the location and amenities. Prices start at around AED 100,000 per annum and go up to over AED 10 million per annum.
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