Finding and purchasing property is straightforward on the Global Properties website, which boasts an extensive selection of over 612 properties from respected developers and reliable real estate agencies. For those looking to acquire an apartment in Mohammed Bin Rashid City (MBR City), UAE, the process involves starting with a browse through the site’s extensive listings. Utilizing search filters can effectively refine the search, allowing potential buyers to easily find properties that meet their criteria. Detailed information about price, layout, and other specifics is available for in-depth examination. To proceed with a purchase or inquire further, contacting the seller or their representative is made convenient through the provided contact number or by submitting a feedback form directly through the website.
- Minimum cost of a flat AED 3672496 ($ 3672496);
- The most expensive flat AED 21,424,000 ($5,833,627).
Apartment prices on the website Global Properties in Dubai:
Bedrooms | Minimum price | Maximum price |
---|---|---|
Studio | $171,545 | $550,000 |
1 bedroom | $205,000 | $1,434,172 |
2 bedrooms | $270,000 | $4,084,410 |
3 bedrooms | $556,293 | $2,521,116 |
4 bedrooms | $1,064,503 | $5,833,627 |
5 bedrooms | $3,049,693 | $3,893,804 |
- Minimum living space 39 m²
- Maximum living space 1,057.7 m²
Securing a residence permit through real estate investment in Dubai involves purchasing an apartment or a villa in designated areas open to foreign ownership, with the property valued at a minimum of $205,000. This investment not only opens the door for varying lengths of visa validity but also offers the investor the opportunity to sponsor their family members, assuming continuous ownership of the property. Given the fluctuating nature of regulations and the potential for amendments to the law, it is prudent for investors to consult with local real estate experts to navigate the process efficiently.
Apartments for sale in Mohammed Bin Rashid City (MBR City)
Investing in apartments and flats in Mohammed Bin Rashid City presents an opportunity for foreign investors to engage with Dubai's ambitious expansion. The area is on track to establish itself as the city's future hub for business and leisure, merging cutting-edge technology with high-end facilities and a commitment to sustainability.
Strategically positioned near key arteries like SMBZ Road (E311) and Al Khail Road (E44), the community offers its residents quick connectivity to urban conveniences and landmarks.
- Educational institutions such as North London Collegiate School and Hartland International School are accessible within the area.
- A brief 20-minute journey connects residents to Academic City, housing several renowned universities.
- For healthcare needs, Emirates Hospital and American Hospital are a mere 15-minute drive away.
Residents enjoy a variety of shopping and leisure activities, including:
- Constant access to The Track golf course and Meydan Racecourse;
- Proximity to Dubai Mall, Mall of the Emirates, and Mercato, all within a 15-minute radius;
- Safa Park is just 10 minutes away, while Sunset Beach and Kite Beach are reachable in 12 minutes.
Flats in MBR City feature a diverse range of residences, with options from 1 to 5 bedrooms. Each property in Dubai, in the neighbourhood, reflects the expertise of talented architects, offering a blend of comfort and contemporary living. Residents can enjoy large balconies, spacious terraces, and covered parking space. The layouts may also include maid's and driver's rooms, storage spaces and built-in wardrobes, fully fitted modern kitchens with top-notch appliances, designed bathrooms, private swimming pools and a library or a study. Flats for sale in MBR City boast refined interiors, with several incorporating built-in air conditioning and intelligent home systems for remote appliance management.
The apartment prices in Mohammed Bin Rashid City varies, influenced by size and luxury additions such as lounges, gazebos, rooftop terraces, and rooms for guests and staff.
Residents also have access to the common amenities in the complexes such as:
- large swimming pools;
- modern fitness centers and gyms with high-quality equipment;
- green spaces and parks;
- children’s play areas;
- areas for pets;
- security and surveillance;
- spa and wellness centers;
- sports facilities.
The chance to buy a flat in Mohammed Bin Rashid City in proximity to the Metro Line ensures convenient access to urban amenities including cinemas, cafes, shopping centers, eateries, as well as essential services like educational and medical facilities.
Reasons for investing in an apartment in Mohammed Bin Rashid City (MBR City)
The area is currently experiencing rapid development, with several phases already complete and the anticipation of swift completion for the remaining sections. This phase of growth is a key driver in the attractiveness of the area and forcing a positive trend in price increases.
Buying apartments in Mohammed Bin Rashid City for investment offers substantial financial advantages for both living and investment purposes. As the area evolves into one of Dubai's most sought-after and innovative communities, the cost of apartments in MBR City is climbing. The price of under-construction accommodation in the community has increased by 16% over the last year. The already delivered housing units have seen a 3.2% increase compared to 2023.
Expats have the chance to invest in an apartment or a villa in Dubai now and either sell it at a considerable profit in 2–3 years or earn steady rental income. The community's 4-bedroom residences present the most lucrative return, averaging 8.5% annually. Homes with 2 bedrooms and studios yield returns of 8% and 8.1%, respectively. 1 and 3 bedroom flats provide 77.3% and 7.6% ROI per annum. Additionally, Dubai's absence of rental income tax enhances the appeal for foreign investors, making acquisition of flats for sale in Mohammed Bin Rashid City even more enticing.
In summary, buying an apartment in MBR City is a strategic approach for international investors to safeguard and grow their wealth.
Buying apartments in Mohammed Bin Rashid City (MBR City)
The catalog on the website presents a wide array of opportunities to buy an apartment in Mohammed Bin Rashid City from reputable real estate agencies and developers. Utilize user-friendly search filters to narrow down choices based on key features such as size, location, number of bedrooms and price. With support for several languages and multiple currencies, our platform simplifies the search for a house or apartment in Dubai for international buyers.