A Prime Commercial Land in Motor City For Offices Or Shopping Center

An exceptional investment opportunity in a prime location! A rare chance to invest in a distinctive commercial land plot in Motor City area of New Dubai.

This land is situated on the main road, making it a vibrant and prominent hub for business activities.

With a license to construct a commercial building consisting of offices or shopping center, and permission to build ground floor plus 27 additional floors above ground, this land offers you the opportunity to realize your investment dreams with limitless creativity.

Among its amazing features, the land's current permit allows for conversion to residential use by agreement with the master developer, for approximately AED 5 million, Additionally, it boasts freehold ownership for all nationalities, enhancing its attractiveness as a distinguished investment in Dubai.

Location: Motor City (Prime Location)
Freehold
Current land license: Administrative Building (Offices or Shopping Center)
Plot Size: 174.500 sq. ft
Permissible built-up area: 419000 sq. ft
Permissible height: Ground + 27 floors
Price: AED 48.5 Million

For more information and details, please contact us.

Property Information

TypeCommercial Plot
PurposeFor Sale
Reference no.Bayut - 5530-44SCUO
CompletionReady
Average Rent
Added on24 April 2024

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