For Sale: Residential and Commercial Land in Al Naeemiah 1
For Sale: Residential and Commercial Land in Al Naeemiah 1
- Location:
- The land is located in Al Naeemiah 1, a highly sought-after area with easy access to major roads and key services. The property is in a prime location, close to the United Center and Day to Day, providing great visibility and accessibility. The land is situated on both front and rear streets, enhancing its development potential.
- Land Type:
- The land is residential and commercial, offering flexibility for the development of residential units, commercial spaces, or a mixed-use project. This versatility makes it an ideal investment for various types of developments.
- Building Permit:
- The property is permitted for Ground + 10 floors, allowing for the construction of up to 11 floors in total. This gives you the opportunity to build a multi-story building, whether residential, commercial, or a combination of both.
- Land Size:
- The total land area is 659 square meters (or 7,093 square feet), providing ample space for large-scale projects in a prime location.
- Price:
- The asking price for the land is 2,500,000 AED (Two million five hundred thousand AED).
- Investment Opportunities:
- Residential and Commercial: The property offers great flexibility for the development of residential, commercial, or mixed-use projects, meeting the growing demand in the area.
- Prime Location: The proximity to key landmarks like United Center and Day to Day increases the potential for high rental returns or resale value after development.
Property Information
- TypeCommercial Plot
- PurposeFor Sale
- Reference no.Bayut - 105704-7DzIIS
- CompletionReady
- Average Rent
- Added on18 December 2024
