Meydan Sobha unveils first MBR City residential project

UAE-based Meydan Sobha has announced the launch of Mohammed Bin Rashid Al Maktoum City - District One, the first residential community taking shape in MBR City with key amenities including a 7-km-long crystal lagoon, sublime beaches, a 14-km boardwalk, sweeping parklands and breathtaking architecture. A joint venture between race track developer Meydan and leading real estate company Sobha group, the company is offering special rates for its new District One Residences at the ongoing Cityscape Global expo. Phase Three of Mohammed Bin Rashid Al Maktoum City – District One, the stunning new community just four km from Downtown Dubai, will see a new apartment concept added to the luxury urban community, which is quickly becoming one of the most sought after residential areas in Dubai, UAE, stated the Emirati developer. The one-, two- and three-bedroom apartments will be another component to the development, with its distinct waterfront views, complementing the villas and mansions of Phases One and Two, it added. Saeed Humaid Al Tayer, the chairman and CEO, of Meydan said: "It is the first residential community taking shape in MBR City. With a total land area of 45 million square feet, enclosed by glorious green natural surroundings, the community presents one of the lowest density villa developments in the heart of any international city." "District One Residences will offer home owners the only waterfront apartment living in the centre of the city, with beachfront access for every resident and a new level of community living at a distinguished address which puts the very best quality of life at the forefront," remarked Al Tayer. “se to demand for low-rise apartment options in the heart of the city centre." "We expect to receive a good deal of interest from end users and investors alike, who recognise that luxury waterfront apartment living can offer excellent returns and unrivalled residential experiences," observed Menon. According to him, the crystal lagoon at District One offers residents exclusive access to swimming, paddle boarding, and other non-motorised aquatic leisure activities. "Environmentally-friendly technology keeps lagoon waters crystal clear, adding to the appeal of a feature which industry experts say will overtake golf courses to become the amenity of the future for luxury real estate developments," stated Menon. The 8.4km District One Cycling and Running Track has become one of the most popular attractions in town for the UAE’s growing number of cyclists and runners since its launch in December 2015. Two new tunnels have also been added to the track to ensure the safety of all those taking advantage of the free facilities, which are equipped with 386 solar light poles for environmentally friendly and energy efficient light at night, he said. District One is also situated next to the spectacular Meydan One leisure, commercial, and entertainment destination, Meydan One will host the world's tallest residential tower, the tallest observation deck, the longest indoor ski slope and the largest dancing fountain as well as the newly launched Meydan One Mall, he added. Sobha group chairman said the prime location provides an aspirational lifestyle. "Owners are close to all the major routes into the city, providing quick access to the Dubai International Financial Centre, Downtown Dubai, Dubai World Trade Center and Dubai International Airport. And after work, the world’s finest Racecourse and Grandstand, a 9-hole floodlit golf course, a tennis academy and a 5-star luxury hotel, The Meydan are just minutes away,We are proud to be adding to Dubai’s status as one of the most desirable cities in the world in which to live. We are creating a beautiful, luxurious community offering the most central freehold villa and apartment properties in the heart of the city’s centre overlooking what will become the world’s largest crystal lagoon,” he added. PNC Menon, the chairman and founder of Sobha Group, said: "With the handover of Phase One now underway and construction of Phase Two continuing apace, the launch of Phase Three is a respon"