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Mohammed Bin Rashid City

Coordinates:25°07′00″N55°17′18″E / 25.11667°N 55.28833°E /25.11667; 55.28833
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(Redirected fromMohammed bin Rashid City)
Planned mixed-use development in Dubai
View of MBR City

Mohammed Bin Rashid City, also known asMBR City,[1] is a plannedmixed-use development inDubai, United Arab Emirates.[2]

History

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In November 2012, theRuler of Dubai,Mohammed bin Rashid Al Maktoum, announced the establishment of what he termed a new "city" within Dubai. The complex was to contain four components:[3]

  • Family tourism, including a park established in collaboration withUniversal Studios, with an annual capacity of 35 million visitors and more than 100 hotel facilities, the largest family leisure and entertainment complex in theMiddle East,Africa, andIndian subcontinent;
  • Retail, featuring the largest mall in the world, theMall of the World, with 750,000 m2. of air-conditioned space;[4]
  • Arts, including the largest area for art galleries in theMENA region; and
  • Entrepreneurship and innovation.

The drawings showed the allocated land for the development to be bordered byEmirates Road,Al Khail Road andSheikh Zayed Road. The complex would also includeMohammad bin Rashid Gardens and theDowntown Dubai,Burj Khalifa, andBusiness Bay developments.[3]

In 2013, Meydan andSobha began development of District One, a low-density luxury residential estate within MBR City, as the first phase of development.[5] Crystal Lagoons also began construction of a 40-hectare lagoon, the world's largest man-made lagoon.[6]

In 2016, it was announced that theMall of the World would be relocated away from the city to theAl Suhouf district of Dubai, opposite theMall of the Emirates.[7]

In 2019, a 7-bedroom villa in District One was sold for AED 90 million (US$24.5 million), making it the most expensive real estate property sold in Dubai.[8]

See also

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References

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  1. ^"MBR City will boost Dubai's tourism".Khaleej Times. November 29, 2012.
  2. ^"Mohammed Bin Rashid City (MBR City)".Bayut. Retrieved5 January 2022.
  3. ^ab"Dubai's Mohammed Bin Rashid City: Collaboration with Universal Studios, over 100 hotel facilities; Will also boast largest mall in the world and park bigger than London's Hyde Park".Emirates 24/7. November 26, 2012.
  4. ^"World's first climate-controlled city unveiled for Dubai". 10 July 2014.
  5. ^Kane, Frank (2 May 2013)."1,500 villas plus 7km of lagoons and beaches: Dh21bn stage one of Dubai's Mohammed Bin Rashid City".The National. UAE. Retrieved8 June 2020.
  6. ^Issa, Wafa (2 October 2013)."Dubai builds world's largest man-made lagoon".The National. UAE. Retrieved8 June 2020.
  7. ^"Mall of the World".
  8. ^"Residential deals: Where were the most expensive properties sold in Dubai in 2019?".Arabian Business. 5 February 2020. Retrieved5 January 2022.

External links

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25°07′00″N55°17′18″E / 25.11667°N 55.28833°E /25.11667; 55.28833

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