Kavel in Al Nakhil, 2099000 AED - 14393841

For sale: A prime residential/commercial plot in Al Nakheel 2, Ajman. Strategically located and vibrant, this plot boasts a direct view of the Ajman Corniche, making it a rare investment opportunity for those looking to develop a residential or hotel project in one of the emirate's most sought-after and dynamic areas.

The land is eligible for a permit to construct hotel apartments or a hotel, significantly enhancing the property's investment value and offering buyers multiple investment options for achieving attractive long-term returns. Furthermore, the land comes with a ready building permit, streamlining the process and reducing the time required to commence construction.

Approved Project Details:

* Area: 4,219 sq ft

* Permit: Ground + 4 floors (G+4)

Unit Details as per Building Permit:

* 4 two-bedroom apartments

* 9 one-bedroom apartments

* 4 studios

* 2 mezzanine offices

* 1 retail shop The land's prime location is one of its most significant advantages, situated near Ajman Corniche, essential services, shopping centers, restaurants, and government facilities, with easy access to main roads. This makes the project suitable for residential, investment, or hotel development, ensuring high occupancy rates and increasing property value over time.

If you are looking for an investment opportunity in a prime location that combines stunning views, a ready building permit, and the potential for hotel development, this land is an ideal choice for achieving the best return on investment.

Asking price: AED 2,099,000

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