Grundstück in Al Rumaila, 6500000 AED - 16439034

Freehold ownership for all nationalities
Strategic second-row location directly behind the Corniche
Prime location directly behind Corniche Residence and Al Mouj
Land area: 10,000 sq. ft.
Residential development license: Ground Floor + 8 Floors
Possibility to increase the number of floors subject to approvals
Existing spa building with an expired lease contract
Vacant ground-floor villa consisting of 2 bedrooms and a living room
Excellent potential for redevelopment and residential investment
Close to the waterfront, modern residential projects, services and major roads
Asking price: AED 6,500,000
Price negotiable for serious buyers
Rare investment opportunity in a prime waterfront location

The property's exceptional second-row Corniche location, directly behind Corniche Residence and Al Mouj, provides strong investment appeal and excellent proximity to the waterfront and surrounding residential developments.
The large plot and existing Ground Floor + 8 Floors residential license, with potential for additional floors subject to approvals, offer investors flexibility to explore the best development strategy for the property.
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Sale Permit No. AJRE 1893