Community

Mohammed Bin Rashid City

MBR City is a vast project under way on the land south of Business Bay. The 10,800 hectare site is 20 percent larger than Manhattan. A mid-market apartment-led market where most homes sell ready.

01 / Transactions

Latest Mohammed Bin Rashid City transactions

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Registered transactions. Prices in AED.
Property	PricePer sq ft	Specs	Recorded
MAG EYE Phase 1 Mohammed Bin Rashid City · Apartment · Ready	AED 1,112,200AED 1,478 per sq ft	1 bed753 sq ft	13 Oct 2026Sale
MAG EYE Phase 1 Mohammed Bin Rashid City · Apartment · Ready	AED 400,000AED 967 per sq ft	Studio414 sq ft	9 Oct 2026Mortgage
MAG EYE Phase 1 Mohammed Bin Rashid City · Villa / Townhouse · Ready	AED 2,000,000AED 1,418 per sq ft	2 beds1,411 sq ft	7 Oct 2026Sale
MAG EYE Phase 1 Mohammed Bin Rashid City · Villa / Townhouse · Ready	AED 3,789,000AED 2,594 per sq ft	3 beds1,460 sq ft	5 Oct 2026Sale
MAG EYE Phase 1 Mohammed Bin Rashid City · Apartment · Ready	AED 616,000AED 1,480 per sq ft	Studio416 sq ft	2 Oct 2026Mortgage
MAG EYE Phase 1 Mohammed Bin Rashid City · Apartment · Ready	AED 725,000AED 1,742 per sq ft	Studio416 sq ft	2 Oct 2026Sale
MAG EYE Phase 1 Mohammed Bin Rashid City · Villa / Townhouse · Ready	AED 1,933,174Price per sq ft n/a	4 beds4,537 sq ft	24 Sept 2026Gift
MAG EYE Phase 1 Mohammed Bin Rashid City · Apartment · Ready	AED 1,105,000AED 1,322 per sq ft	1 bed836 sq ft	21 Sept 2026Mortgage
MAG EYE Phase 1 Mohammed Bin Rashid City · Apartment · Ready	AED 1,356,600AED 1,622 per sq ft	1 bed836 sq ft	21 Sept 2026Sale
MAG EYE Phase 1 Mohammed Bin Rashid City · Villa / Townhouse · Ready	AED 2,500,000AED 1,797 per sq ft	3 beds1,392 sq ft	17 Sept 2026Mortgage
MAG EYE Phase 1 Mohammed Bin Rashid City · Apartment · Ready	AED 738,114AED 1,800 per sq ft	Studio410 sq ft	15 Sept 2026Gift
MAG EYE Phase 1 Mohammed Bin Rashid City · Villa / Townhouse · Ready	AED 1,960,000AED 1,652 per sq ft	2 beds1,187 sq ft	14 Sept 2026Mortgage
MAG EYE Phase 1 Mohammed Bin Rashid City · Villa / Townhouse · Ready	AED 3,630,000AED 2,609 per sq ft	3 beds1,392 sq ft	10 Sept 2026Sale
MAG EYE Phase 1 Mohammed Bin Rashid City · Apartment · Ready	AED 777,602AED 1,705 per sq ft	Studio456 sq ft	10 Sept 2026Gift
MAG EYE Phase 1 Mohammed Bin Rashid City · Apartment · Ready	AED 920,000AED 1,233 per sq ft	1 bed746 sq ft	10 Sept 2026Mortgage
MAG EYE Phase 1 Mohammed Bin Rashid City · Villa / Townhouse · Ready	AED 1,800,000AED 1,490 per sq ft	2 beds1,208 sq ft	9 Sept 2026Mortgage
MAG EYE Phase 1 Mohammed Bin Rashid City · Villa / Townhouse · Ready	AED 3,000,000AED 2,528 per sq ft	2 beds1,187 sq ft	8 Sept 2026Mortgage
MAG EYE Phase 1 Mohammed Bin Rashid City · Apartment · Ready	AED 600,000AED 1,459 per sq ft	Studio411 sq ft	7 Sept 2026Sale
MAG EYE Phase 1 Mohammed Bin Rashid City · Apartment · Ready	AED 904,000AED 1,212 per sq ft	1 bed746 sq ft	7 Sept 2026Mortgage
MAG EYE Phase 1 Mohammed Bin Rashid City · Apartment · Ready	AED 560,000AED 1,360 per sq ft	Studio412 sq ft	7 Sept 2026Mortgage
MAG EYE Phase 1 Mohammed Bin Rashid City · Apartment · Ready	AED 700,000AED 1,700 per sq ft	Studio412 sq ft	7 Sept 2026Sale
MAG EYE Phase 1 Mohammed Bin Rashid City · Villa / Townhouse · Ready	AED 2,303,500AED 1,941 per sq ft	2 beds1,187 sq ft	31 Aug 2026Mortgage
MAG EYE Phase 1 Mohammed Bin Rashid City · Villa / Townhouse · Ready	AED 2,710,000AED 2,284 per sq ft	2 beds1,187 sq ft	31 Aug 2026Sale
MAG EYE Phase 1 Mohammed Bin Rashid City · Apartment · Ready	AED 980,000AED 1,126 per sq ft	1 bed871 sq ft	24 Aug 2026Mortgage
MAG EYE Phase 1 Mohammed Bin Rashid City · Apartment · Ready	AED 1,225,000AED 1,407 per sq ft	1 bed871 sq ft	24 Aug 2026Sale

02 / About

About Mohammed Bin Rashid City

Mohammed Bin Rashid (MBR) City is a vast new project planned for the largely empty land to the south of Business Bay and bounded by Al Khail Road (E44) on the northwest, Umm Suqeim Road (D63) on the southwest/west, Sheikh Mohammed Bin Zayed Road (E311) on the south/southeast, and Dubai Al Ain Road (E66) on the east/northeast.

Named after the Ruler of Dubai whose palace is inside the development area, this is a 10,800 hectare (26,687 acre) site, 20 percent larger than Manhattan.

A quarter of the area will be covered by Meydan City which will eventually surround the Dubai Racing Club and comprise several developments, namely Meydan 1, Sobha Hartland, Meydan Metropolis, MBR City District One, Dubai Racing Club, Nad Al Sheba 1, Millennium Estates, Meydan Grand Views, Meydan Heights and Mag Eye at Meydan (formerly known as District 7).

Dubai Hills Estate accounts for another 1,200 hectares (2,965 acres) and MBR City District Eleven, 400 hectares (988 acres).

The optimistic target completion date is 2020.

Construction is underway.

Mohammed Bin Rashid City at a glance

Area: Dubai
Developer: Meydan Group
Also known as: MBR City

Getting around

Dubai Mall: 26 min
Palm Jumeirah: 31 min
Burj Al Arab: 29 min
The Walk JBR: 35 min

Travel times are approximate driving estimates reported by the source and vary with route and traffic.

Nearby neighbourhoods

The Polo Residence0.2 km
Meydan1.8 km
District One2.3 km
Azizi Riviera2.7 km

Mohammed Bin Rashid City recorded 70 market sales from 2 Jan 2026 – 13 Oct 2026, at a median price of AED 1,190,000 (AED 1,819/sqft). Mohammed Bin Rashid City's median price per sqft (AED 1,819/sqft) is 5% above the Dubai median (AED 1,737/sqft).

03 / Prices

Mohammed Bin Rashid City prices by property type and bedrooms

Median prices of market sales; open a row for that segment's own price page.

Market sale medians. Prices in AED.
Property	Sales	Median · AED	AED / sqft
Studio Apartments394 – 427 sqft	28	700K AED	1,707
1-Bedroom Apartments746 – 900 sqft	21	1.3M AED	1,620
Villa / Townhouse1,187 – 2,185 sqft	21	3.58M AED	2,467

04 / Rents

Renting in Mohammed Bin Rashid City

From 6 registered market rents. Gross yield: apartment rent per sqft against the sale price per sqft.

Mohammed Bin Rashid City rents

Median rent / yr: AED 51,500
Per sqft / yr: AED 127/sqft
Gross yield: 7.6%

Market pulse / weekly

Mohammed Bin Rashid City sale price history

Weekly median of market sales (sales, mortgages and gifts are not mixed). Periods without sales are not shown.

Median sale price · AED

Registered market sales only

View data table

Exact figures behind the chart
Period	Sales	Median · AED	AED / sqft
Week of 29 Dec 2025Total AED 4,600,000	1	AED 4,600,000	AED 2,105/sqft
Week of 5 Jan 2026Total AED 1,575,000	1	AED 1,575,000	AED 1,911/sqft
Week of 12 Jan 2026Total AED 2,930,000	2	AED 1,465,000	AED 1,852/sqft
Week of 19 Jan 2026Total AED 5,125,000	2	AED 2,562,500	AED 2,222/sqft
Week of 26 Jan 2026Total AED 3,685,000	3	AED 1,400,000	AED 1,875/sqft
Week of 2 Feb 2026Total AED 8,770,000	5	AED 1,350,000	AED 1,756/sqft
Week of 9 Feb 2026Total AED 735,000	1	AED 735,000	AED 1,792/sqft
Week of 16 Feb 2026Total AED 16,335,000	8	AED 1,857,500	AED 1,989/sqft
Week of 23 Feb 2026Total AED 4,350,000	3	AED 800,000	AED 2,028/sqft
Week of 9 Mar 2026Total AED 780,000	1	AED 780,000	AED 1,875/sqft
Week of 16 Mar 2026Total AED 4,100,000	1	AED 4,100,000	AED 2,807/sqft
Week of 23 Mar 2026Total AED 2,750,000	1	AED 2,750,000	AED 2,318/sqft
Week of 30 Mar 2026Total AED 4,250,000	2	AED 2,125,000	AED 2,053/sqft
Week of 6 Apr 2026Total AED 824,500	1	AED 824,500	—
Week of 13 Apr 2026Total AED 1,247,782	2	AED 623,891	AED 1,546/sqft
Week of 20 Apr 2026Total AED 2,240,000	2	AED 1,120,000	AED 1,749/sqft
Week of 27 Apr 2026Total AED 4,600,000	2	AED 2,300,000	AED 1,842/sqft
Week of 11 May 2026Total AED 4,375,000	2	AED 2,187,500	AED 2,448/sqft
Week of 15 Jun 2026Total AED 1,885,000	2	AED 942,500	AED 1,585/sqft
Week of 22 Jun 2026Total AED 4,850,000	2	AED 2,425,000	AED 1,959/sqft
Week of 29 Jun 2026Total AED 1,810,000	2	AED 905,000	AED 1,584/sqft
Week of 6 Jul 2026Total AED 5,400,000	3	AED 1,150,000	AED 1,707/sqft
Week of 13 Jul 2026Total AED 690,000	1	AED 690,000	AED 1,751/sqft
Week of 20 Jul 2026Total AED 1,430,000	2	AED 715,000	AED 1,720/sqft
Week of 27 Jul 2026Total AED 92,893	2	AED 46,447	AED 112/sqft
Week of 3 Aug 2026Total AED 1,209,523	2	AED 604,762	AED 827/sqft
Week of 10 Aug 2026Total AED 3,061,653	3	AED 33,116	AED 84/sqft
Week of 17 Aug 2026Total AED 1,210,000	1	AED 1,210,000	AED 1,520/sqft
Week of 24 Aug 2026Total AED 1,225,000	1	AED 1,225,000	AED 1,407/sqft
Week of 31 Aug 2026Total AED 2,710,000	1	AED 2,710,000	AED 2,284/sqft
Week of 7 Sept 2026Total AED 4,930,000	3	AED 700,000	AED 1,700/sqft
Week of 21 Sept 2026Total AED 1,356,600	1	AED 1,356,600	AED 1,622/sqft
Week of 28 Sept 2026Total AED 725,000	1	AED 725,000	AED 1,742/sqft
Week of 5 Oct 2026Total AED 5,789,000	2	AED 2,894,500	AED 2,006/sqft
Week of 12 Oct 2026Total AED 1,112,200	1	AED 1,112,200	AED 1,478/sqft

05 / Projects

Projects in Mohammed Bin Rashid City

Ranked by number of market sales.

Ranked by number of market sales.
Project	Sales	Median · AED	AED / sqft	Open
01 MAG EYE Phase 1394 – 2,185 sqft	70	1.19M AED	1,819

06 / Nearby

Communities with comparable activity and prices.

Areas ranked by market sales. Prices in AED.
Community	Sales	Median · AED	AED / sqft
01Business Bay	5,105	2.24M AED	2,458
02Downtown Dubai	1,717	3.12M AED	2,849
03Nad Al Sheba 1	1,714	1.4M AED	3,516
04Al Satwa	1,199	1.47M AED	2,264
05Meydan Horizon	1,065	2.12M AED	2,379
06Meydan One	1,046	1.03M AED	2,105
07Maritime City	1,012	2.3M AED	3,257
08Sama Al Jaddaf	836	1.3M AED	2,183