Mohammad bin Rashid City - MBRC

Mohammad bin Rashid City is one of the most significant land developments in the history of Dubai. By land size it is the single largest area dedicated to the development of various types of real estate projects in Dubai. Announced in 2012, MBR City consists of various 'pockets' of projects being developed by Government-backed as well as private developers.

Property Types Available: Villas, Townhouses, Apartments, Residential Plots, Hotels, Hotel Serviced Apartments
Location: Mohammad Bin Zayed Road, Al Khail Road
Status: Under Construction
Year Launched: 2012
Developer: Meydan
Title Type: Freehold
Quality Classification: Luxury
Life Cycle: Under Construction

The inauguration ceremony of Mohammed Bin Rashid Al Maktoum City - ...

 Published on May 19 2015   158 Views

His Highness Sheikh Mohammed Bin Rashid Al Maktoum inaugurated the Mohammed Bin Rashid Al Maktoum City - District One project. Sheikh Mohammed unveiled the memorial plaque of the promising urban, mixed-use, leisure and sports development which spans more than 54 million square feet of prime freehold land with District One alone stretching four million square feet.

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About Mohammad bin Rashid City - MBRC

MBR City was unveiled in October of 2012. The initial vision and plans of the project called for 4 major components around which a number of real estate projects would be built around. These included: leisure, retail, arts and entrepreneurship.

The first projects to be unveiled in late 2013 and early 2014 in MBR City included the Dubai Hills Estate and District One. These projects primarily offer luxury grade plots and villas.

From 2014 onwards, a number of other projects have been launched including: Millennium Estates, Grand Views & Millennium Estates, The Fields, District 11, The Polo Homes & Townhouses.

Emaar, the most prominent developer in the UAE, have launched a number of projects including Mulberry, Acacia Heights and Maple. Many observers have commented that Emaar are replicating a successful formula of Emirates Living within the Dubai Hills Estate.

In 2015, Meydan launched the Meydan One development which will include Dubai's second tallest building and a mega-mall.

Project Completion Status (as per DLD): 85.28% (as of Oct 4, 2017)

Dubai Land Classification & Escrow Account Details:

Project: MOHAMMED BIN RASHID AL MAKTOUM CITY- DISTRICT ONE, PHASE I

Land Number: 21

Project Number: 1366

Real Estate Developer: MEYDAN SOBHA

Trust Account Number: 16646607

Account Trustee Name: ABU DHABI ISLAMIC BANK

RERA Permit No : 15128

Brokerage Firm: Taktical Realty Group LLC

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Project Completion Status (as per DLD): 41.07% (as of Oct 4, 2017)

Dubai Land Classification & Escrow Account Details:

Project: MOHAMMED BIN RASHID AL MAKTOUM CITY- DISTRICT ONE, PHASE II

Land Number: 21

Project Number: 1496

Real Estate Developer: MEYDAN SOBHA

Trust Account Number: 16351439

Account Trustee Name: ABU DHABI ISLAMIC BANK

RERA Permit No : 15128

Brokerage Firm: Taktical Realty Group LLC

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Project Completion Status (as per DLD): 0% (as of Oct 4, 2017)

Dubai Land Classification & Escrow Account Details:

Project: MOHAMMED BIN RASHID AL MAKTOUM CITY- DISTRICT ONE, PHASE III

Land Number: 1045

Project Number: 1703

Real Estate Developer: MEYDAN SOBHA

Trust Account Number: 18149526

Account Trustee Name: ABU DHABI ISLAMIC BANK

RERA Permit No : 15128

Brokerage Firm: Taktical Realty Group LLC

Positives of Mohammad bin Rashid City - MBRC

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