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.
Villas in MBR City, you will generally find 5 to 6 bedrooms villas, some brand new and some fully furnished. On the other hand, these residential villas on offer for investment may include more options for you from 2 to 6 bedrooms 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.
The scale of the developments planned ahead for the community prove that investing in a villa for sale in MBR City is a wise choice. Bigger families normally opt for the 4-bedroom villas in MBR City, the sale price averages at AED 7.2M for these homes. The larger more deluxe properties start from AED 7M and can go up to AED 14M. A 5-bedroom villa for sale in Mohammad Bin Rashid City would cost an average investment of AED 12M. Moreover, you will find more reasonably priced 2-bed and 3-bed units in the developing project, MAG Eye. Interested investors can check out the sale price trends for these villas
