The 24-year-old central defender moved to the Etihad Stadium from Benfica in September 2020, for an initial £62m rising to £65m with add-ons.
Speaking to Manchester City's official website, Dias said: "I have enjoyed every single minute of my time at City since joining last year.
Playing for City has surpassed all my expectations and it's an absolute pleasure to be part of such an incredible squad.
Manchester City's Ruben Dias has signed a new contract that will keep him at the club until 2027.
The 24-year-old central defender joined Manchester City from Benfica in September 2020 for a fee of £62 million, which could rise to £65 million with add-ons.
In his first season in English football, he made an impression, helping City win the Premier League and the Carabao Cup, as well as reaching the Champions League final.
"I have cherished every single minute of my time at City since joining last year," Dias told Manchester City's official website.
Playing for City has exceeded all of my expectations, and it's an honor to be a part of such a fantastic team.
"Now I just want to try and play my part in helping us be successful this season and beyond."
Dias won the UEFA Champions League Defender of the Year award for 2020/21 and was recognised by the Football Writers' Association as its Player of the Year in his first season in English football.
He has featured in all three of City's Premier League matches this season, including Saturday's 5-0 victory over Arsenal.
Dias has featured in all three of Manchester City's Premier League games this season
City director of football Txiki Begiristain added: "Ruben's new deal is great news for our club.
"Now all I want to do is try to contribute to our success this season and beyond."
In his first season in English football, Dias earned the UEFA Champions League Defender of the Year title for 2020/21 and was named Player of the Year by the Football Writers' Association.
He's started all three Premier League games for City this season, including Saturday's 5-0 win against Arsenal.
Txiki Begiristain, Manchester City's director of football, said: "Ruben's new deal is excellent news for our club." Dias has appeared in all three of Manchester City's Premier League games this season.
"Ruben has already proven to be an important member of our squad despite joining us less than a year ago.
"And the fact that we decided to recognize his influence with this new deal says everything about his talent and importance to the club.
"He is everything you want as a center defense and so much more, and he will play a key role in our effort to deliver the club even more success in the coming years."
Content created and supplied by: Zaharaddeen (via Opera News )
Opera News is a free to use platform and the views and opinions expressed herein are solely those of the author and do not represent, reflect or express the views of Opera News. Any/all written content and images displayed are provided by the blogger/author, appear herein as submitted by the blogger/author and are unedited by Opera News. Opera News does not consent to nor does it condone the posting of any content that violates the rights (including the copyrights) of any third party, nor content that may malign, inter alia, any religion, ethnic group, organization, gender, company, or individual. Opera News furthermore does not condone the use of our platform for the purposes encouraging/endorsing hate speech, violation of human rights and/or utterances of a defamatory nature. If the content contained herein violates any of your rights, including those of copyright, and/or violates any the above mentioned factors, you are requested to immediately notify us using via the following email address operanews-external(at)opera.com and/or report the article using the available reporting functionality built into our Platform See More