Techniques for preserving the underlying dielectric layer during MRAM device formation are provided. In one aspect, a method of forming an MRAM device includes: depositing a first dielectric cap layer onto a substrate over logic and memory areas of the substrate; depositing a sacrificial metal layer onto the first dielectric cap layer; patterning the sacrificial metal layer, wherein the patterned sacrificial metal layer is present over the first dielectric cap layer in at least the logic area; depositing a second dielectric cap layer onto the first dielectric cap layer; forming an MRAM stack on the second dielectric cap layer; patterning the MRAM stack using ion beam etching into at least one memory cell, wherein the patterned sacrificial metal layer protects the first dielectric cap layer in the logic area; and removing the patterned sacrificial metal layer. An MRAM device is also provided.