14
Commercial plot | permits 5 floors and 42 apartments | Reeman 1
This expansive commercial plot offers the perfect canvas for developers and investors to create a residential masterpiece. With permission to build up to 5 floors and accommodate 42 apartments, it’s ideally suited for a modern residential complex or a mixed-use development — ensuring strong returns and long-term value.
Property Highlights:
- Plot Size: 23,822 sq ft (2,212 sqm)
- Building Permission: Up to 5 floors with capacity for 42 apartments
- Location: In the dynamic community of Al Reeman 1, developed by Aldar
- Ownership Type: Freehold
- Development Potential: Ideal for residential or mixed-use projects
Why Choose Al Reeman 1?
Al Reeman 1 is a rapidly growing freehold community within Al Shamkha, known for its connectivity and proximity to key amenities. Designed for families and professionals, the area blends modern infrastructure with everyday convenience.
Nearby Amenities:
- Schools and educational institutions
- Hospitals and clinics
- Retail outlets and shopping malls
- Parks and recreational areas
- Restaurants and cafes
Investment Benefits:
- High ROI Potential: Maximize space and returns by developing 42 residential units over 5 floors
- Prime Location: Excellent accessibility to major highways, transport links, and city landmarks
- Customizable Development: Flexible design options to suit luxury or affordable housing strategies
Contact us today to arrange a viewing. Live the ultimate island lifestyle in this sought-after address. Contact NAS Luxury Real Estate today!
Property Highlights:
- Plot Size: 23,822 sq ft (2,212 sqm)
- Building Permission: Up to 5 floors with capacity for 42 apartments
- Location: In the dynamic community of Al Reeman 1, developed by Aldar
- Ownership Type: Freehold
- Development Potential: Ideal for residential or mixed-use projects
Why Choose Al Reeman 1?
Al Reeman 1 is a rapidly growing freehold community within Al Shamkha, known for its connectivity and proximity to key amenities. Designed for families and professionals, the area blends modern infrastructure with everyday convenience.
Nearby Amenities:
- Schools and educational institutions
- Hospitals and clinics
- Retail outlets and shopping malls
- Parks and recreational areas
- Restaurants and cafes
Investment Benefits:
- High ROI Potential: Maximize space and returns by developing 42 residential units over 5 floors
- Prime Location: Excellent accessibility to major highways, transport links, and city landmarks
- Customizable Development: Flexible design options to suit luxury or affordable housing strategies
Contact us today to arrange a viewing. Live the ultimate island lifestyle in this sought-after address. Contact NAS Luxury Real Estate today!
Property Information
- TypeCommercial Plot
- PurposeFor Sale
- Reference no.Bayut - NAS-9208
- CompletionReady
- Average Rent
- Added on28 May 2025
Trends
Mortgage
TruBroker™
Basel Khalouf
Quality Lister
Responsive Broker