Real estate investing has attracted the interest of many people over the years and has proven to be a sound investment. You'll always be on the lookout for areas that give the finest returns in terms of ROI, financial gains, and lifestyle amenities, whether you're an industry veteran or a novice searching for your first investment. MBR City, or Mohammed Bin Rashid City, is one of Dubai's and the Gulf region's most anticipated mixed-use developments. It was named after Dubai's ruler, Sheikh Mohammed Bin Rashid Al Maktoum, who conceived and created it as a city inside a city. We tell you reasons why MBR City is Dubai's real estate investment hotspot for 2021 and beyond.
Location of MBR City
The importance of location in real estate investments cannot be overstated, as it is the most critical factor in making a sound and strategic investment.
Sheikh Mohammed Bin Zayed Road, Sheikh Zayed Road, Al Ain-Dubai Road, and Al Khail Road are all part of Mohammed Bin Rashid City. This new Dubai neighbourhood is well connected to the rest of the city, with access to all important motorways and roads.
Developments are in the Meydan neighborhood, just five minutes from Downtown Dubai and the Burj Khalifa, Emaar Square, the Dubai Mall, and Business Bay. The Meydan District has the ideal location in terms of proximity to Dubai's commercial and shopping districts, as well as recreational and entertainment attractions. The international airport is only 10 minutes away, making it convenient for residents, foreign passengers, and guests to travel.
Properties in MBR City
For real estate investments, the type and quality of the properties are crucial. Attractive parcels of land or villas with well-equipped infrastructure, as well as good, open floor plans, attract tenants, resulting in a profit for a property with appealing furnishings.
Meydan City, Dubai Hills Estate, Sobha Hartland, and District One are among the business and residential developments in Mohammed Bin Rashid City.
The community features a diverse selection of luxury mid-range MBR City apartments and MBR City villas, as well as townhouses and flats in ecologically friendly communities.
The design and development of Wilton Park Residences take advantage of the natural surroundings, providing residents with a natural living experience. The amenities are modeled like those found in luxury resorts, including an infinity pool, a well-equipped gym, and children's playgrounds with different play areas for a variety of activities. Open floor designs, well-equipped kitchens, and floor-to-ceiling windows are all features of the apartments, which were built using biophilic design principles.
MBR City Amenities and Lifestyle
Tenants tend to priorities convenience and comfort when choosing a home to live in and stay in, thus a lucrative real estate Dubai investment concentrates on the essential offerings and experiences its potential occupants receive.
Mohammed Bin Rashid City is slated to become Dubai's premier family and tourist destination, with services, facilities, and amenities designed to appeal to people from all walks of life.
Lifestyle
Tenants tend to priorities convenience and comfort when choosing a home to live in and stay in, thus a lucrative real estate investment concentrates on the essential offerings and experiences its potential occupants receive.
Mohammed Bin Rashid City is slated to become Dubai's premier family and tourist destination, with services, facilities, and amenities designed to appeal to people from all walks of life.
Retail and Shopping
Meydan One Mall will have 550 retail establishments, including a 13,200 square metre hypermarket, and will be home to the world's longest indoor ski slope. The Meydan One Mall is one of the city's most anticipated developments, redefining the ultimate shopping experience.
Leisure and Entertainment
Crystal Lagoons will be the world's largest man-made lagoon. The lagoon, which was inspired by the Caribbean, spans around 7 kilometers and is bordered by corporate skyscrapers, parks, and residential projects.
Meydan Golf Course, a one-of-a-kind 9-hole course with 7,412 yards of tee options and natural lakes, will operate on a pay-and-play basis, making it perfect for visitors. The Meydan Golf Course is the newest course in Dubai for golf enthusiasts.
Meydan Racecourse and Grandstand features two 1.5-kilometer horse-racing tracks and a stunning facility that can accommodate up to 80,000 guests.
Universities and Schools
North London Collegiate School, located in MBR City's Sobha Hartland, is a 38,000-square-meter campus with a worldwide curriculum committed to pupils' complete development.
Wilton Terraces and Wilton Park Residences are only 1 minute away from NLCS Dubai.
Hartland International School is a primary and secondary school that follows the UK curriculum and is dedicated to providing the greatest educational experience possible.
Potential for Appreciation
The actual benefit of real estate investing is appreciation. In terms of the neighbourhood and the property, a property investment should have a high potential for appreciation.
Because of its exciting ambition to bring world-class entertainment and distinctive residential choices, Mohammed Bin Rashid City is one of Dubai's most anticipated ventures. Some of the innovations are projected to break records and compete with the best in the world.
MBR City, dubbed a "city within a city," will be Dubai's new downtown. It hasn't been fully built yet, but given Dubai's track record of producing outcomes and setting the way for new innovations, backed by certain economic stimulus and strong government support, the community is showing promising signs, with market trends predicted to improve.
Zero Tax
It's a win-win situation when you invest in real estate and avoid paying taxes on rental income and capital gains. Dubai is a tax-free emirate, making it a popular investment destination for both foreign and domestic investors. Dubai has no property taxes, making it one of the cheapest places in the world to invest in real estate. MBR City's residential properties are tax-free in terms of rental income taxes, capital gains taxes, and inheritance taxes.