Mohammed Bin Rashid City, popularly known as MBR City, is one of the biggest mixed-use developments and freehold areas in Dubai. Announced in the latter half of 2012 by the ruler of the emirate His Highness Sheikh Mohammed Bin Rashid Al Maktoum, the estimated cost of the project is AED 30 billion. The development comprises of state-of-the-art tourist attractions, a hub of leisure activities, the biggest shopping centre in the world, a large-scale park, the world’s largest man-made lagoon and 45 million sq. ft. of freehold property. This project was inaugurated by His Highness Sheikh Mohammed Bin Rashid himself in May 2015.
There are studios, 1-bed, 2-bed and 3-bedroom apartments, generally concentrated in Sobha Hartland. While you may also find some even bigger 4-bedroom flats in District One, spanning across 3,000 sq. ft. Those looking to invest in luxury properties can also consider penthouses in this project. Some of these are lagoon facing, some duplex and some offer partial canal views. As for villas in MBR City, you will generally find 5 to 6-bed units, some brand new and some fully furnished. On the other hand, these residential units on offer for investment may include more options for you from 2 to 6-bed family homes to 8-bedroom mansions. District One generally features the most off-plan properties for sale. Further, in District 7, Mag Eye, you will find a good range of townhouses from 2 to 5-bed units. As of now, these townhouses in MBR City are only available for sale.
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