Terrain à Al Riqaibah, 6281520 AED - 16431131

Investment Opportunity in Al Ruqaiba – Al Suyoh Suburb | 14,956 sq ft Commercial/Residential Land | G+7 Building Permit | Total Price AED 6,281,520

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For sale: A prime commercial/residential plot of land in Al Ruqaiba – Al Suyoh Suburb, Sharjah, with a total area of 14,956 sq ft and a G+7 building permit. This makes it an ideal opportunity for investors and developers seeking a well-sized plot with the potential to develop a multi-story project.

The land is zoned for mixed-use commercial/residential purposes, offering investors the flexibility to plan and develop a project that combines commercial activities with residential units, in accordance with approved plans, regulatory requirements, and the demands of relevant authorities. Property Details:

Location: Al Ruqaiba – Al Suyoh Suburb – Sharjah
Land Type: Commercial/Residential
Land Area: 14,956 sq ft
Permit: G+7
Price per sq ft: AED 420
Total Sale Price: AED 6,281,520
Ownership: Freehold for Arab and GCC Nationals
Other Nationalities: 99-year tenancy, subject to applicable regulations
The G+7 permit provides the project with excellent development potential, allowing the developer to consider constructing a multi-story building and capitalize on the land's mixed commercial and residential use. The 14,956 sq ft plot offers ample space for architectural planning and efficient land utilization, enabling the design of a project that caters to the demand for residential units and commercial spaces.

This land is an ideal option for real estate developers and investors seeking to acquire a developable property in the Al Suyoh area, whether for a new development or long-term investment, after conducting a feasibility study and ensuring compliance with all required conditions and approvals. The asking price is AED 420 per square foot, and based on the land area, the total sale price is AED 6,281,520.

A unique investment opportunity for those seeking a commercial/residential plot with a G+7 permit and ample space in Al Ruqaiba – Al Suyoh District, Sharjah. Ownership options are available for Arab and GCC nationals, and 99-year leasehold options are available for other nationalities, subject to applicable regulations.

For more information about the location, ownership details, the plan, and the permit, please contact us.

Don't miss this opportunity in the Sharjah market!

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