Luxurious Residential Development Opportunity in Dubai South
This exceptional freehold property presents a unique opportunity to develop a residential project in the thriving Dubai South district.
Property details:
Prime Location:
Located in the heart of Dubai South, this property enjoys excellent access to major transportation routes, including the Expo 2020 Dubai site and Al Maktoum International Airport. The surrounding area is undergoing significant development, with several residential, commercial, and logistics projects underway.
Development Potential:
The generous plot size and GFA allowance offer ample flexibility for developers to create a distinctive and desirable residential complex. The G + 10 height permission allows for a mix of apartment units, townhouses, and even retail spaces to cater to diverse needs and preferences.
Investment Opportunity:
This property presents a compelling investment opportunity for developers seeking to capitalize on the growing demand for high-quality residential spaces in Dubai South. The strategic location, attractive pricing, and flexible development options make this a highly valuable proposition.
About RGESTATE:
RGESTATE is a leading real estate agency in Dubai, specializing in the sale and lease of residential and commercial properties. With a team of experienced professionals and a vast network of contacts, RGESTATE is committed to providing exceptional service and achieving the best possible outcomes for its clients.
Contact RGESTATE today to schedule a viewing and discuss this exciting development opportunity further.
Property details:
- Property ID: SAN DIN 083
- Property Type: Residential
- Location: Dubai South
- Ownership Type: Freehold
- Plot Size: 137,854 sqft
- Gross Floor Area (GFA): 413,563 sqft
- Height Permission: G + 10
- Sale Price: AED 30 Million
- Agency Fees: 2% on Sale price
- Transfer Charge: 4% on Sale price
Prime Location:
Located in the heart of Dubai South, this property enjoys excellent access to major transportation routes, including the Expo 2020 Dubai site and Al Maktoum International Airport. The surrounding area is undergoing significant development, with several residential, commercial, and logistics projects underway.
Development Potential:
The generous plot size and GFA allowance offer ample flexibility for developers to create a distinctive and desirable residential complex. The G + 10 height permission allows for a mix of apartment units, townhouses, and even retail spaces to cater to diverse needs and preferences.
Investment Opportunity:
This property presents a compelling investment opportunity for developers seeking to capitalize on the growing demand for high-quality residential spaces in Dubai South. The strategic location, attractive pricing, and flexible development options make this a highly valuable proposition.
About RGESTATE:
RGESTATE is a leading real estate agency in Dubai, specializing in the sale and lease of residential and commercial properties. With a team of experienced professionals and a vast network of contacts, RGESTATE is committed to providing exceptional service and achieving the best possible outcomes for its clients.
Contact RGESTATE today to schedule a viewing and discuss this exciting development opportunity further.
Property Information
- TypeResidential Plot
- PurposeFor Sale
- Reference no.Bayut - SAN DIN 083
- CompletionReady
- Average Rent
- Added on6 December 2023
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