Mohammed Bin Rashid City (MBR City) is a rapidly growing real estate development in Dubai, United Arab Emirates. The UAE's Vice President and Prime Minister, Sheikh Mohammed Bin Rashid Al Maktoum, initiated the project. The aim was to create a luxurious and sustainable city within Dubai.
The city spans over 4,000 hectares and has four main components: residential, commercial, leisure, and entertainment. The residential component of MBR City features a variety of properties ranging from apartments to townhouses and villas.
A townhouse for sale in Mohammed Bin Rashid City is a popular option for investment in real estate. There are various types of townhouses available for sale in the area. Some popular townhouse communities in the area include Sobha Hartland, District One, Meydan Avenue, and Sobha Creek Vistas.
What are the types of townhouses available in Mohammed Bin Rashid City?
Various types of townhouses are available for sale in Mohammed Bin Rashid City, ranging from contemporary to modern styles. They all have different sizes and layouts to cater to different family needs. Some of the popular townhouses in the area include:
- Spanish-style Townhouses: These are townhouses designed in a Spanish architectural style, featuring stucco walls, red tile roofs, and wrought iron. They usually have multiple bedrooms, spacious living areas, and courtyards or balconies.
- Arabian-style Townhouses: These are townhouses designed in an Arabian architectural style, featuring intricate geometric patterns, arched doorways, and domed roofs. They usually have spacious living areas, multiple bedrooms, and private outdoor spaces like courtyards or terraces.
- Garden Townhouses: These are townhouses that are designed with a focus on creating a lush, green environment, featuring private gardens, parks, and landscaped common areas. They usually come with contemporary or modern designs and are located in communities prioritising green living.
- Smart Townhouses: These are townhouses equipped with the latest smart home technology. They feature home automation systems, voice control assistants, and other cutting-edge features. They are located in communities that prioritise innovation and technology.
- Duplex Townhouses: These are townhouses that are designed over two levels. They offer multiple bedrooms, spacious living areas, and private outdoor spaces like balconies or terraces.
- Golf Course Townhouses: These are townhouses that are located within or near golf courses, offering stunning views of the greens and fairways
What are the sale price trends for townhouses in Mohammed Bin Rashid City?
Purchasing a townhouse in Mohammed Bin Rashid City can range from AED 1.5 million to AED 10 million or more.
It is difficult to say whether townhouses are cheaper than other options as the cost of real estate varies based on the location and type of property. However, townhouses are generally considered more affordable than villas, which are typically larger and more luxurious.
It is important to note that purchasing a townhouse is a significant investment and requires careful consideration of budget, location, and personal needs. It is best to consult with a real estate agent or financial advisor to determine your situation's best course of action.
What is the lifestyle like in Mohammed Bin Rashid City?
Mohammed Bin Rashid City is a luxurious and upscale community in Dubai. It offers a high-end lifestyle with residential, commercial, and entertainment options. The area is known for its luxurious property, parks, schools, retail outlets, restaurants, and healthcare centres.
The major hospitals include:
- Mohammed Bin Rashid University Hospital
- Emirates Specialty Hospital
- Mediclinic Parkview Hospital
- Medicare Orthopaedics and Spine Hospital
A range of shopping malls in Mohammed Bin Rashid City includes:
- City Walk
- The Dubai Mall
- Dubai Festival City Mall
- Mall of the Emirates
The area has several parks and open spaces, including the Dubai Water Canal. These are popular destinations for jogging, walking, and cycling. Residents of Mohammed Bin Rashid City also have access to world-class healthcare facilities. The Mohammed Bin Rashid University of Medicine and Health Sciences offers medical education and research. The overall lifestyle of Mohammed Bin Rashid city is quite facilitating and convenient.
What are the reasons for investing in Mohammed Bin Rashid City?
Investing in residential and commercial properties in Mohammed Bin Rashid City can be a smart decision due to several reasons. The area is a rapidly growing and developing community. It offers significant potential for capital appreciation and high rental yields. Additionally, the community is designed to provide a high-end lifestyle focusing on an eco-friendly environment.
Dubai's real estate market is known for its stability and transparency. The safety impacts a secure investment option for buyers and investors. The city has several laws and regulations to protect investors' rights and ensure a fair and transparent buying process.