A method of fabricating an MRAM device includes forming a bottom electrode over a semiconductor substrate, forming a magnetic tunnel junction (MTJ) structure on the bottom electrode, and forming a top electrode on the MTJ structure. The method also includes forming spacers on sidewalls of the top electrode and the MTJ structure, and depositing a first dielectric layer to surround the spacers. The method further includes selectively depositing a patterned etch stop layer on the first dielectric layer and the spacers. In addition, the method includes depositing a second dielectric layer on the patterned etch stop layer and the top electrode, forming a via hole in the second dielectric layer to expose the top electrode, and forming a top electrode via in the via hole.