Kavel in Al Rashidiya，Al Rashidiya 1, 29000000 AED - 16053984

For Sale | Prime Corner Investment Plot on Sheikh Khalifa Main Road – Ajman

A rare investment opportunity to acquire a premium commercial plot in one of Ajman’s most prestigious locations. Situated on Sheikh Khalifa Main Road, next to Black Ramada Hotel, this property is ideal for a landmark residential, commercial, or mixed-use development.

Location:
Sheikh Khalifa Main Road – Ajman
Adjacent to Black Ramada Hotel
Corner plot on two streets with excellent visibility and accessibility
Prime location surrounded by commercial and residential developments
Easy access to major highways and all essential amenities

Property Details:
Plot Size: 2,925 Sq. M.
Equivalent to 31,492 Sq. Ft.
Large corner plot with dual street frontage
Excellent opportunity for a landmark investment project

Building Permission:
Current Approval: Ground Floor + 8 Typical Floors (G+8)
The buyer may apply for a high-rise tower permit, subject to the relevant authority’s approval and regulations
Suitable for residential, commercial, or mixed-use developments

Ownership:
Freehold ownership for all nationalities

Property Highlights:

Prime location on Sheikh Khalifa Main Road
Corner plot with two street frontages for maximum exposure
Next to Black Ramada Hotel in a highly active commercial district
Close to shopping centers, hotels, business hubs, and public services
Easy access to Sheikh Mohammed Bin Zayed Road and other major highways
Ideal for developers and investors seeking a high-return project
Strong potential for future appreciation with the possibility of obtaining a tower permit

Asking Price:
AED 29,000,000

Price is negotiable.