Park Avenue is a low-rise residential neighborhood in Mohammed Bin Rashid City located on Meydan Avenue (MBR City). Park Avenue MBR city is in a prime location, just a short distance from Meydan Grandstand. However, it is present at the site of the Dubai World Cup, the world’s biggest horse event, and had surrounded by lush greenery and nature. The residential complex is adjacent to Downtown Dubai, Dubai Festival City, and Dubai International Airport, and it offers the best of both worlds.
Furthermore, the term MBR stands for Mohammad Bin Rashid City. It is one of Dubai’s largest mixed-use complexes and freehold neighborhoods. The project, launched by the emirate’s ruler, His Highness Sheikh Mohammed Bin Rashid Al Maktoum, in the latter half of 2012, is expected to cost AED 30 billion.
Sketch of the Community:
Park Avenue MBR City was supposed to be finished by 2020. While handovers have begun and much of the region is now complete, numerous more projects had added throughout time. Today, the neighborhood rents and sells high-rise and mid-rise apartments, as well as magnificent villas and townhouses. The community is well-connected, being located between Sheikh Mohammed Bin Zayed Road, Sheikh Zayed Road, and Al Khail Road. Those with school-age children will discover two international educational institutions in the area: Hartland International School and North London Collegiate School.
Made well-known by the presence of the Meydan Hotel nearby. Park Avenue MBR City will also be an appealing community for animal enthusiasts since it will be home to both an equestrian and a falconry center. With a variety of cafes, entertainment centers, retail shops, and many other futuristic developments on the way. MBR City aims to establish a vibrant community in an ultra-modern setting.
The specification in Park Avenue MBR city:
The residential units in the community offer magnificent apartments and a premium lifestyle. These had created with green building standards to preserve energy, create a natural environment, and maintain efficient environmental procedures.
There are studios, one-bedroom, two-bedroom, and three-bedroom apartments in Sobha Hartland. While some larger 4-bedroom units in District One stretch 3,000 sq. ft. Those interested in investing in luxury properties might look at the penthouses in this property. Some are lagoon facing, some are duplexes, and some have partial canal views.
In Park Avenue MBR City, villas typically range from 5 to 6-bed apartments, some of which are brand new and fully furnished. These residential units for investment, on the other hand, may have more possibilities for you, ranging from 2 to 6-bedroom family homes to 8-bedroom mansions.
Updates about Construction:
Mohammed Bin Rashid City in Dubai is one of the emirate’s most anticipated projects. As the community matures, it had intended to become another Downtown in Dubai. While the first two phases had completed in 2019 and handovers have already commenced, the third phase is almost finished. Some of the most anticipated developments, Dubai Hills Estate and District One, have been completed with ready-to-move residences on the market. Other developments, such as Wilton Park Residence and various phases of the AZIZI Riviera residential complex, are projected to be completed by the end of 2021.
