Wake up to the siren view of crystal lagoons.
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 center 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.
The amount of development and its demand are the two main factors that appreciate the value of the property, and now MBR City is considered as a Downtown of Dubai because of its above mentioned points.And every factor over here has increased the property price by 7.55% on average where the investors have already started taking advantage, so if you plan it today, then you will get better ROI here in MBR City.And in the past 5 years, the population here has escalated by 1,437% to 6,241 people and this will multiply the number as many projects have come to fruition.
At Crystal Lagoons
AL KHAIL ROAD
MEYDAN RACECOURSE
FESTIVAL CITY & IKEA
DOWNTOWN DUBAI
SHEIKH ZAYED ROAD
THE PALM JUMERIAH
MEYDAN ONE MALL
(DXB)
Copyright © 2022 Parson Real Estate - All Rights Reserved
WhatsApp us