Mohammed Bin Rashid Al Maktoum City (MBR City), a community destination and prime residential location in Dubai, is set to witness the development of a Dh1-billion ($272.2 million) luxury residential project titled ‘Jade at the Fields’.

Jade at the Fields, to be developed in the District 11 of Mohammed Bin Rashid Al Maktoum City, will be a gated residential community consisting of 360 premium townhouses of contemporary style.

Kalpesh Sampat, director of SPF Realty , a leading UAE-based real estate broker which is marketing the project, said: “Jade at the Fields is set to be the first choice for the property investors in Dubai market, with demand for premium homes in the city increasing, led by the emirate’s status as the region’s business and lifestyle hub.

“The sprawling green gardens and picturesque landscaping of Jade at the Fields community will be home to 360 spacious townhouses with three and four bedrooms. This community is set to offer a community pool and gym, retail space, landscaped garden, parks and kids play area, and other modern amenities.”

MBR City is a multi-billion-dollar city project, which is expected to include the world’s biggest shopping mall, a universal family theme park and a park that will be a third bigger than Hyde Park in London.