LPC15xx MRT timer not working in simulator

I am not sure if this is just not supported by default simulator or I did wrong initialization of the timer. Do I need to enable anything else except the clock and maxcount ?

    LPC_SYSCON->SYSAHBCLKCTRL1 |= (1<<0);  //Multi rate timer
    LPC_SYSCON->PRESETCTRL1 &= ~(1<<0);  //clear MRT reset

    NVIC_EnableIRQ(MRT_IRQn);

    LPC_MRT->CTRL0 = (1<<0); //enable timer interrupt, repeat mode
    LPC_MRT->INTVAL0 = 0x32; //interrupt every 1us (CPU=50Mhz)

microcontroller is LPC1549. I am using c++ and I have defined IRQ handler which is never called.

extern "C" void MRT_IRQHandler ()

Program in simulator is running normally, but the value of TIMER0 in Peripheral->SystemView->MRT is always 0. STAT0 is in IDLE_STATE.
I dont have actual board yet, so I cannot verify if the problem is only with simulator or MRT is not working...
Also, I got bunch of access violation errors from simulator, so I made few maps.

map 0x40074000,0x400740ff read write
map 0x40038000,0x400380ff read write
map 0x1c002000,0x1c0020ff read write
map 0x400a0000,0x400a00ff read write

Can anyone confirm that MRT is working in simulator ?