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Residential-commercial land in Al Nakheel / prime seafront location / ground floor + 6 floors
This residential-commercial plot in the Al Nakhil 2 area of Ajman represents an exceptional investment opportunity. Its prime location—situated directly on the Ajman Corniche—offers significant advantages in terms of accessibility and visibility, benefiting from a frontage along one of the area’s main thoroughfares. Location is a primary determinant of real estate investment value, particularly for plots zoned for both residential and commercial use, as this dual designation provides flexibility in project development, subject to approved permits and regulations.
The plot is accessible from both the front and the rear, and it also borders a service alley (sikka), which enhances connectivity and movement around the site. Having both front and rear street access facilitates the efficient planning of building entrances and exits, streamlining the flow for residents and visitors in accordance with official regulatory requirements. Its position on the Corniche makes it highly attractive to investors and real estate developers seeking to capitalize on prominent locations within Ajman.
Spanning 4,671 square feet, the plot offers a footprint suitable for a real estate development tailored to the character of the area and the existing permits. The site is approved for a building comprising a ground floor plus six additional levels—a total of seven floors—as specified in the property details. This permit provides the investor with an initial overview of the potential scale of development. However, before commencing any design or construction work, it is essential to verify the specific permitted uses, building coverage ratios, setbacks, parking requirements, and any additional stipulations with the relevant authorities.
From an investment perspective, the combination of a "residential-commercial" zoning classification and a prime location directly on the Corniche allows for the exploration of various project concepts, subject to officially permitted uses. For instance, it may be feasible to develop a building featuring residential units with ground-floor commercial space, provided that the approved regulations and design guidelines allow for such a configuration. Investors should evaluate the project's feasibility by considering construction, licensing, and operational costs, alongside potential rental yields and the market demand for residential and commercial units in the area. Ultimately, the actual viability of the project will depend on a thorough analysis of market conditions, costs, and the technical specifications of the land.
The asking price is 7,500,000 AED (seven million five hundred thousand UAE dirhams). Based on a land area of 4,671 square feet, the price per square foot is approximately 1,606 AED. To arrive at an accurate investment valuation, it is advisable to compare this figure against the prices of similar plots in Al Nakhil 2 and along the Ajman Corniche, while accounting for variations in location, permits, land area, and frontage. In general, this plot of land warrants consideration by real estate investors, development firms, and buyers seeking a prominent location in Ajman that accommodates both residential and commercial use. It features a frontage along the Corniche and a building permit for a ground floor plus six additional stories. This opportunity calls for a thorough review of ownership documents, the master plan, and the official permit, alongside a comprehensive feasibility study—all to be conducted prior to any purchase decision—to ensure a clear understanding of the project’s actual potential and its alignment with the buyer’s investment objectives.
The plot is accessible from both the front and the rear, and it also borders a service alley (sikka), which enhances connectivity and movement around the site. Having both front and rear street access facilitates the efficient planning of building entrances and exits, streamlining the flow for residents and visitors in accordance with official regulatory requirements. Its position on the Corniche makes it highly attractive to investors and real estate developers seeking to capitalize on prominent locations within Ajman.
Spanning 4,671 square feet, the plot offers a footprint suitable for a real estate development tailored to the character of the area and the existing permits. The site is approved for a building comprising a ground floor plus six additional levels—a total of seven floors—as specified in the property details. This permit provides the investor with an initial overview of the potential scale of development. However, before commencing any design or construction work, it is essential to verify the specific permitted uses, building coverage ratios, setbacks, parking requirements, and any additional stipulations with the relevant authorities.
From an investment perspective, the combination of a "residential-commercial" zoning classification and a prime location directly on the Corniche allows for the exploration of various project concepts, subject to officially permitted uses. For instance, it may be feasible to develop a building featuring residential units with ground-floor commercial space, provided that the approved regulations and design guidelines allow for such a configuration. Investors should evaluate the project's feasibility by considering construction, licensing, and operational costs, alongside potential rental yields and the market demand for residential and commercial units in the area. Ultimately, the actual viability of the project will depend on a thorough analysis of market conditions, costs, and the technical specifications of the land.
The asking price is 7,500,000 AED (seven million five hundred thousand UAE dirhams). Based on a land area of 4,671 square feet, the price per square foot is approximately 1,606 AED. To arrive at an accurate investment valuation, it is advisable to compare this figure against the prices of similar plots in Al Nakhil 2 and along the Ajman Corniche, while accounting for variations in location, permits, land area, and frontage. In general, this plot of land warrants consideration by real estate investors, development firms, and buyers seeking a prominent location in Ajman that accommodates both residential and commercial use. It features a frontage along the Corniche and a building permit for a ground floor plus six additional stories. This opportunity calls for a thorough review of ownership documents, the master plan, and the official permit, alongside a comprehensive feasibility study—all to be conducted prior to any purchase decision—to ensure a clear understanding of the project’s actual potential and its alignment with the buyer’s investment objectives.
Property Information
- TypeResidential Plot
- PurposeFor Sale
- Reference no.Bayut - landcournish
- CompletionReady
- Average Rent
- Added on15 October 2026
Validated Information
Mortgage
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Building Information
Features / Amenities
First Aid Medical Center
Facilities for Disabled
Day Care Center
Kids Play Area
+ 13 more amenities
