Developer chases UK investors for luxury Dubai project

Meydan Sobha unveils MBR City - District One project at exclusive event at London's Dorchester Hotel
Developer chases UK investors for luxury Dubai project
By Staff writer
Sun 16 Aug 2015 02:58 PM

Dubai-based developer Meydan Sobha has unveiled its multi-billion dirham Mohammed Bin Rashid Al Maktoum City – District One project to the UK market, hosting a reception at London’s prestigious Dorchester Hotel.

The invitation-only event, the first in a series of private events being hosted across the UK, Europe and Asia, was attended by over 200 UK and European investors, the company said in a statement.

Taking centre stage at the reception were The Mansions at District One, the elite section of Mohammed Bin Rashid Al Maktoum City reserved for Dubai's most affluent residents.

The luxury mansions of District One will feature views of Dubai’s iconic skyline and will have their own ‘beachfront’ on what will become the world’s largest ‘Crystal Lagoon’, a 7km water body surrounded by green landscaping.

Several signature Mansions, which range from 1,650 square metres up to 3,250 square metres, were released for sale exclusively at the event in London, with prices starting at AED50 million ($13.6 million). 

The development also features other premium luxury villas within the community starting from AED15 million.

Sobha said the project’s appeal has been significantly enhanced in light of the recently announced Meydan One leisure, commercial, and entertainment destination which will be built next to District One.

The Meydan One development in Mohammed Bin Rashid Al Maktoum City is set to host the world's tallest residential tower, the largest ever sports facility, the world’s longest indoor ski slope and the largest ever dancing fountain.

Sobha said Mohammed Bin Rashid Al-Maktoum City - District One offers one of the lowest density villa developments in the heart of any city. 

With a total land size of 4.3 million square metres, surrounded by over 2.5 square kilometres of green natural surroundings, District One dedicates 60 percent of its area to open spaces with parks, lawns, green corridors, recreational parks, as well as landscaped walkways.

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