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Mohammed Bin Rashid City (MBR City) is the highly ambitious and best quality project in Dubai. It is located near Downtown Dubai and Business Bay to deploy a luxury lifestyle within the reach of the city center. It is, however, a suitable place to live, as with any major construction, MBR City has its benefits as well as disadvantages. To make it easy for you to choose whether to live in the MBR City or not, in this post, we outline the advantages and disadvantages of living in MBR City.
The unmatchable location is one of the greatest strengths of MBR City. Located within a minute of Downtown Dubai, Business Bay, and DIFC, it is an easy access to other business and lifestyle destinations of the city. It is also connected to major roads such as Sheikh Zayed Road and Al Khail Road, hence travel within Dubai is time-effective. Convenience is what MBR City promises to the residents, as not many places can provide a healthy proportion of living in town.
MBR City is a project developed to serve all those people who require high standards of living.
Being a professional, a family, or an investor, you will enjoy upscale living as the major component in MBR City. It is not only the way to live, but also a luxury and comfort-tailored lifestyle.
Green and blue spaces at MBR city also have aesthetic advantages, and they make the air and environmental conditions better. It is a perfect arrangement when it comes to family setup, fitness freaks, or individuals who place emphasis on peace in urban life.
MBR City has various property designs that support varied requirements and lifestyles. The area developers have been concentrating on luxury, utility, and intelligent designs.
Whether it be the flashy high-rise apartments overlooking the city or the huge villas inside the gated community, there is something in it to suit everybody (singles, couples, and families, etc.).
Most of the residences have an individual garden, a rooftop terrace, or direct access to the lagoon.
Are you seeking an apartment with amenities or a villa with high-end finishing? No matter which it is, you will find what you desire in MBR City as the future city offers a variety of options, which suit both an end-user and an investor in search of a unique real estate unit in this ideal location.
Apartment Type | Average Sales Price |
---|---|
Studio | 766,000 |
1-Bedroom | 1,798,000 |
2-Bedroom | 3,258,000 |
3-Bedroom | 5,479,000 |
4-Bedroom | 10,918,000 |
Villa Type | Average Sales Price |
---|---|
2-Bedroom | 2,887,000 |
3-Bedroom | 3,747,000 |
4-Bedroom | 9,489,000 |
5-Bedroom | 22,390,000 |
6-Bedroom | 37,587,000 |
7+-Bedroom | 131,429,000 |
Townhouse Type | Average Sales Price |
---|---|
2-Bedroom | 2,863,000 |
3-Bedroom | 3,822,000 |
4-Bedroom | 4,803,000 |
MBR City is constructed based on advanced infrastructure. It is a purpose-built community, unlike older neighborhoods that are struggling to modernize. MBR City residents will have an unequaled, future-ready environment with a finishing touch.
As one of the most high-profile master-planned communities of Dubai, MBR City is a good prospective investment. Its premium attractiveness, central location, and continuous growth have played an important role in making it experience constant demand and an increase in the value of property. High-quality construction and long-term capital appreciation attract investors.
Off-plan projects are also flexible in payment terms, and this eases the entry of new buyers. As the population grows and the tourism industry in Dubai rises, the rental returns are also lucrative, particularly in well-situated regions within the city. The MBR City remains one of the best property investment options in Dubai in the short term as well as in its long-term growth.
Apartment Type | ROI |
---|---|
Studio | 7.84 % |
1-Bedroom | 6.22 % |
2-Bedroom | 6.21 % |
3-Bedroom | 5.56 % |
4-Bedroom | 5.74 % |
Villa Type | ROI |
---|---|
2-Bedroom | 5.84 % |
3-Bedroom | 5.61 % |
4-Bedroom | 6.58 % |
Although MBR City is attractive, it remains under construction. Much of the construction is still going on, and in some of the areas, noise, dust, and blocked roads may become a daily occurrence. In the same light, this progressive growth will affect you in terms of quality of life on a short-term basis, particularly when pursuing the desire for tranquility, silence, or even a well-built neighborhood. Buyers and renters should conduct research to find out the move-in-ready zones as compared to those under construction.
One of the significant disadvantages is having no vast network of transport in MBR City. The Dubai Metro is yet to extend to this region, and buses are also low or absent in most areas. That is to say that it depends a great deal on commuting by car or taxi to do errands or move around the city. This may be a huge hindrance to people who place an importance on walkability or convenient accessibility to mass transit. With the plans of having better connectivity in the long run, the existing citizens will have to incorporate the extra expense and inconvenience of having to drive or arrange transportation even to perform such mundane chores.
There is a cost attached to living in luxury, and at MBR City, it is quite high. The prices of property in this area are quite high, particularly for the waterfront apartments and villas. Rental rates are also very high, even in comparison to other neighborhoods with similar space or facilities. This makes it difficult to access middle-income families or those seeking value-oriented alternatives. Outside the property area, the cost of living is also distortedly high, and there are very high-quality services, schools, and shops that increase the monthly expenditure. Other areas can deliver to you better value overall if you are cost-conscious or are just trying to get good value where you do not have to make too many tradeoffs.
As MBR City is quickly growing, it is not quite as active as some older neighborhoods. Most neighbourhoods are new and sparsely populated with few neighbourhood shops, cafes, or hangout places. That may give it a slightly easy or sterile character, particularly to families or individuals who want a good deal of community engagement. This will probably change with more residents moving in and the business opening up, but at present, those residents who believe in a vivacious, close-knit community should live in MBR City, a little too sterile and not quite yet breathing.
Life in Mohammed Bin Rasheed City is luxurious; however, this kind of life comes with some form of tradeoffs. In case you are more concerned with exclusive housing, lush environment, and a good investment strategy, the MBR City will not disappoint. In their turn, the construction that takes place continuously, high costs, and lack of transportation may not appeal to everyone like those who prefer a more developed or more affordable area.
After all, the choice is yours; it all depends upon the way you live and what you value. You can simply expect a bit of growing pains as the community keeps developing and growing. However, MBR City would be the ideal place for buyers and renters who want long-term prospects in a high-growth region.
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