MBR City (Mohammed Bin Rashid City) is more than just a community or development in Dubai; it embodies the visionary dream of Mohammed Bin Rashid Al Maktoum, the esteemed leader of Dubai. Spanning an impressive 54 million square feet of land, this dream has materialized into a remarkable testament of grandeur and excellence. By considering the sheer scale of this development, one can readily gauge the magnificence and superlative quality of this extraordinary community.
Let’s explore the MBR City and develop it from scratch to be one of the best places to live in Dubai.
The narrative of MBR City unfolds in November 2012, when the visionary leader of Dubai, Mohammed Bin Rashid Al Maktoum, made a historic announcement, heralding the birth of this extraordinary city. This remarkable development comprises four distinct components, each contributing to the unique tapestry of MBR City's growth and transformation.
- Family Tourism: A dedicated realm within MBR City caters exclusively to tourism activities. It features a captivating park created in collaboration with Universal Studios, drawing an impressive influx of approximately 35 million visitors. Moreover, this segment of the community boasts a plethora of over 100 hotel facilities, as well as abundant leisure and entertainment zones.
- Retail: Another notable component of the community is its illustrious retail sector, highlighted by none other than the awe-inspiring "Mall of the World." This monumental shopping destination stands as the largest mall in the world, offering an unparalleled shopping experience and a breathtaking array of retail offerings.
- Arts: MBR City proudly hosts the largest concentration of art galleries in the entire MENA (Middle East and North Africa) region. This vibrant arts district serves as a haven for artistic expression, nurturing creativity and showcasing the diversity of talent across various art forms.
- Entrepreneurship and Innovation: Fostering a spirit of entrepreneurship and innovation, MBR City provides a fertile ground for visionary thinkers and trailblazers. This segment of the community acts as a catalyst for growth and progress, empowering individuals and businesses to shape the future through groundbreaking ideas and ventures.
The expansive landscape of MBR City is delineated by the Al Khail Road, Emirates Road, and Sheikh Zayed Road, as showcased on its meticulously crafted map. In 2013, the collaborative efforts of Sobha Realty and Meydan marked the commencement of District One, an exquisitely designed and low-density sub-community within MBR City. Notably, this period also witnessed the initiation of the construction of Crystal Lagoons, the world's largest man-made lagoons, adding an enchanting touch to the development.
Today, MBR City stands as a fully developed and thriving community, equipped with top-notch infrastructure and an array of exceptional facilities. People from different parts of the world come here and buy property for a luxurious & peaceful lifestyle.
If you are still in doubt and have a question in mind - Is MBR City A Good Investment? So, we want to say, there is no doubt that MBR City is a good investment. The immense potential and undeniable allure of this community make it an exceptionally sound investment choice, promising favorable returns and long-term growth prospects.
Now, exploring the factors that make MBR City a good investment.
Master Plan of MBR City
You may be wondering about the significance of a well-crafted master plan in shaping a community into an optimal real estate investment. If truth be told, a meticulously planned community with deep consideration for every aspect of luxurious, comfortable & convenient life is the sure shot of the highest return on investment. And MBR City is not an exception, let’s explore the master plan of this community.
District One: This captivating sub-community within MBR City is renowned for its breathtaking man-made crystal lagoons, picturesque beaches, verdant neighborhoods, and stunning architectural designs. Residents of District One enjoy a harmonious lifestyle in serene surroundings while benefiting from the conveniences of a vibrant metropolis. The structural designs in District One offer three distinct prototypes: Modern, Mediterranean, and Arabic. Each segment of District One is thoughtfully planned to maximize space utilization and enhance its overall value.
Meydan: Nestled within MBR City, Meydan presents a choice of luxurious villas set alongside a picturesque 9-kilometer-long tree-lined jogging and cycling track, as well as vast expanses of parkland. This community holds a prime location near the renowned "Dubai World Cup" arena, where the prestigious horse racing event takes place annually. Positioned in the central part of Nad Al Sheba, Meydan boasts a portfolio of exceptional developments, promising an unrivaled living experience.
Sobha Hartland: Another jewel in the crown of MBR City is Sobha Hartland, a dream community by Sobha Realty. It is situated near the scenic Dubai Water Canal and offers a collection of luxury villas and apartments. Spanning across 8 million square feet of land, Sobha Hartland dedicates an impressive 2.4 million square feet to lush greenery. This community stands out as one of the few in Dubai where every residence affords captivating views of the surrounding green landscapes and the city skyline.
Dubai Hills Estate: As part of the MBR City community, Dubai Hills Estate presents a captivating mixed-use development centered around an 18-hole championship golf course. It offers a range of one, two, and three-bedroom apartments, catering to individuals, couples, and families. The development boasts extensive stretches of elegant, landscaped parks, enchanting gardens, winding walkways, and expansive open spaces. Dubai Hills Estate is also home to a vibrant commercial center, upscale retail outlets, prestigious hotels, educational institutions, healthcare facilities, mosques, and various dining options.
Best Properties Types In MBR City
The characteristics and types of properties play an important role in the decision-making process for real estate investors. As homebuyers and tenants naturally prefer residences and plots that boast robust and affluent infrastructures, as well as open layouts. These property types have a track record of yielding superior returns on investment.
Within MBR City, a captivating mix of residential and commercial communities awaits. These communities showcase a wide spectrum of options, including
- Studio Apartments
- Apartments
- Townhouses
- Standalone Villas
Each community within MBR City is envisioned and developed in adherence to green living standards, ensuring a fully sustainable environment. Whether your preference leans towards an exquisite property nestled in a sustainable and eco-friendly community, surrounded by lush parklands, or townhouses that offer amenities akin to high-end resorts, MBR City caters to all these desires. The community prides itself on offering a diverse range of properties, promising an ideal home for individuals with varying tastes and preferences.
Best Off-plan Developments in MBR City
When it comes to discovering the finest off-plan developments in MBR City, overlooking the communities of Sobha Hartland and Sobha Hartland II would be a big mistake.
Encompassing a vast expanse of 8 million square feet, the Sobha Hartland and Sobha Hartland II communities boast an exquisite array of luxury apartments, villas, and townhouses. Within these remarkable developments, the crème de la crème can be found in the following exceptional offerings:-
- Sobha Waves Opulence 1 - 4 Bed Apartments
- Sobha Waves Heights 1 - 3 Bed Apartments
- Sobha Creek Vistas Grande 1 - 3 Bed Apartments
- Sobha Hartland Waves 1 - 2 Bed Apartments
- Sobha Hartland The Crest 1 - 3 Bed Apartments
- Sobha Crest Grande 1 - 4 Bed Apartments
- Sobha One Park Avenue 1 - 4 Bed Apartments
- 330 Riverside Crescent 1 - 2 Bed Apartments
- Sobha Estates - 5-Bed Villas
In addition to the aforementioned communities, MBR City offers a plethora of other residential developments that present lucrative investment opportunities with impressive returns. For those seeking a smaller investment with a high return on investment, one can opt for the enticing 1, 2, or 3-bedroom apartments. On the other hand, for those desiring a more substantial acquisition, the villas stand out as an ideal choice, promising maximum returns on investment.
Best Price & High ROI
This is the top-most priority of every real estate investor and if you choose property in MBR City then you will also get stability and security in investment. When it comes to apartments in MBR City, the sales trend begins at an affordable price point of AED 0.5 Million. On the other hand, the prices of villas in this prestigious community range from AED 1.4 Million to AED 85 Million, accommodating a diverse range of budgets and preferences. For those seeking a multi-level residence with complete privacy, townhouses are the best choice for them. Townhouses in Mohammed Bin Rashid City can be acquired starting from AED 1.3 Million, providing an appealing alternative of villas for buyers in search of spacious and luxurious properties.
According to real estate investment experts, the average ROI for apartments in MBR City is 6.2%. The investor can expect to earn an annual return of AED 6,200 for every AED 100,000 invested in an apartment in MBR City. In MBR City, villas have a slightly higher ROI, at 8.2%. The investor can earn an annual return of AED 8,200 for every AED 100,000 invested in a villa in MBR City. With the continued development of MBR City and its growing popularity with residents and investors, the ROI is expected to continue to grow.
Rental Trends
Rental market of MBR City has undergone dynamic changes in the last few years. Many ready-to-move-in developments in MBR City offer apartments, villas, and townhouses for the prospective tenants. High-rise developments offer cozy studios and 1 Bed apartments for the single & married couples and 2 Bed & 3 Bed apartments for the small families. You can rent a small studio apartment at AED 50K annually and if you choose 1 Bed then AED 75K is the average annual rental.
Those who require more space can choose from two-bedroom apartments ranging from 1100 square feet. Ft. to 2000 sq. Ft. provide ample space. As an alternative, there are three-bedroom apartments starting at 1600 square feet. Ft. to 2500 Sq. Ft. offer even more generous living areas. For a 2-bedroom apartment in this category, the average annual rental is around AED 99K. For a 3-bedroom apartment, it reaches around AED 250K.
Villas in MBR City are the perfect choice for those seeking opulence, generous space, and privacy. These ultra luxury homes cater to the elite class, offering big configurations ranging from 4 to 6 bedrooms. For 4 Bed villas in MBR City you have to pay AED 350K to AED 1.4M rental annually, while for 5-bedroom villas rents ranging from AED 1M to AED 2.5M annually.
A best alternative for expensive luxury villas are townhouses. A 4 Bed Townhouse for rent in MBR City starts at an annual cost of AED 300K. This makes it a reasonable price option for those looking for spacious & luxurious homes.
But as you know maximum projects in MBR City are still off-plan phases. So there is limited supply and high demand for rental residences lead to high rental. On the other hand, numerous apartments, villas, and townhouses have been available for sale, boasting best prices that capture prospective buyers' attention.
Best Location
Undoubtedly, the role of location cannot be neglected when it comes to real estate investments. In this regard, MBR City shines brightly as it boasts an exceptional location within the vibrant city of Dubai. If Dubai is one of the best cities in the world for infrastructure & tourism then MBR City is one of the best cities in Dubai.
Thanks to the advantageous location nearby the intersection of Sheikh Zayed Road and Al Khail Road, MBR City enjoys unparalleled proximity to Dubai's major hotspots and attractions. As well as, from here you can enjoy seamless connectivity and access to Business Bay , Downtown, world-class shopping destinations, or renowned entertainment venues.
- 20 Min. - Al Meydan Road
- 40 Min. - Ras Al Khor Road
- 10 Min. - Downtown Dubai
- 10 Min. - Business Bay
- 10 Min. - The Dubai Design District
- 15 Min. - Meydan Mall
- 20 Min. - Dubai Airport
- 20 Min. - Palm Jumeirah
Best Transportation Nearby MBR City
MBR City not only boasts a prime location and excellent connectivity but also offers reliable transportation options, which are set to further develop in the future. Presently, residents have access to two public transportation systems. The Dubai Metro, located a mere 10 minutes away, provides convenient connectivity. Furthermore, the completion of Mohammed Bin Rashid City will grant MBR City residents direct access to Etihad Road, enhancing transportation accessibility in the area.
For those reliant on public transportation, bus services are readily available, ensuring seamless connectivity to different parts of Dubai. Moreover, MBR City provides ample parking facilities to cater to private vehicle owners. Each tower features basement parking, while villas and townhouses offer private parking spaces for a minimum of two cars. Additionally, residents can utilize bus and taxi services to navigate within and beyond MBR City, offering further flexibility in transportation options.
Best Lifestyle Within & Nearby MBR City
Malls
Dubai's MBR City stands unrivaled in terms of its lifestyle offerings, presenting an extraordinary community that leaves no desires unfulfilled. At the heart of this remarkable locale lies the illustrious Meydan One Mall, a haven for avid shoppers and connoisseurs of luxury. Renowned as one of the world's premier shopping destinations, this exceptional mall sets a new standard in retail excellence, offering an unparalleled array of upscale brands, captivating experiences, and unforgettable culinary delights.
Facts about Meydan One Mall
- 600 retail shops
- Best luxury brands
- 100 dining options
- Entertainment & leisure zone
- Indoor sports facilities
- Water sports
- 1 Km indoor ski slope
- 12000 parking space
- 6 million visitors annually
Beaches
One of the alluring features of MBR City is its close proximity to renowned beaches, adding to its charm and appeal. Within a convenient 12 to 15-minute' drive, residents can effortlessly reach the captivating Sunset Beach and Jumeirah Beach. These pristine stretches of shoreline provide the perfect setting for a rejuvenating day spent basking in the sun or a serene evening walk along the coast.
Moreover, nearby Kite Beach presents yet another gem for MBR City residents to explore. In addition to its breathtaking beach facilities, Kite Beach offers an array of thrilling water sports activities that cater to adventure enthusiasts. Whether it's kiteboarding, paddleboarding, or simply unwinding by the sea, this vibrant beach destination ensures an unforgettable experience for all.
Restaurants
When it comes to dining out, MBR City never fails to impress. The surrounding neighborhoods of MBR City also include some of the most renowned establishments in the culinary world, in addition to the excellent dining options within MBR City itself. Enjoy breathtaking views and exquisite cuisine at At.mosphere in Burj Khalifa or indulge in delectable flavors at P.F Changs and The Cheesecake Factory in The Dubai Mall.
For a truly exceptional dining experience, a visit to Ewaan in The Palace Downtown Hotel is a must. Explore a world of culinary delights that will enchant you. Furthermore, the area surrounding MBR City is dotted with charming cafes and restaurants, including Al Hamidieh Downtown, Amore Café, and Caribou Coffee, which cater to a variety of tastes.
Conclusion
In summary, MBR City is a meticulously planned community that offers a diverse range of properties, exceptional amenities, and a prime location. Its master plan, off-plan developments, high ROI, and favorable rental market make it a compelling choice for real estate investors. With its extraordinary lifestyle offerings, convenient transportation options, and proximity to renowned attractions, MBR City truly stands out as one of the best places to live and invest in Dubai.