Commercial + Residential Freehold Plot for Sale – Al Nuaimiya 3 (G+8 Potential)

Usage: Commercial + Residential
Ownership: Freehold
Ideal for Developers

Plot Details

- Total Plot Size: 32,115 sq. ft
- Current Permission: G+1
- New Permission Approval: Up to G+8

Price Per Sq. ft:
15,000,000 ÷ 32,115 = AED 467 per sq. ft

Existing Property Details
First Plot

- Building with 15 Apartments
- 7 Shops

Second Plot

- 10 Shops
- 1 Villa (Back Side)

Building Age: More than 25 Years
Important:
Building is old — owner can issue official demolition notice through Municipality to tenants for redevelopment purpose.

Current Income Breakdown

- Income 1: AED 180,800
- Income 2: AED 363,433
- Income 3: AED 65,000

Total Current Income: AED 609,233 per year

Investment Highlights
Main Road Commercial Exposure
Largest Plot Size in Area
Freehold Property
G+8 Development Potential
Suitable for Commercial Tower or Mixed-Use Building
Immediate Rental Income Until Redevelopment