Urban Elegance: 29,902.1 sqft Prime Plot with High FAR and GFA

Introduction:

Presenting a premier 29,902.1 sqft plot in a prestigious location, this property offers a unique opportunity for investors and developers seeking a project with significant potential and direct access from the seller.

Size and Potential:

With a Floor Area Ratio (FAR) of 2.75, the plot supports a robust Gross Floor Area (GFA) of 82,230.775 sqft. This sizeable area, coupled with 60% Built-Up Area (BUA), provides ample space for a diverse range of development projects, from residential complexes to commercial hubs.

Strategic Location:

While not beachfront, this plot’s strategic location ensures it remains a highly desirable piece of real estate. Its positioning in a sought-after area means future developments will benefit from both the prestige and accessibility of the location.

Why This Investment Is Worth It:

• High Development Capacity: The high FAR and GFA offer the creative freedom to design a landmark project that can cater to a range of needs and preferences, maximizing the investment’s profitability.
• Attractive Price Point: Priced at AED 18,000,000.00 and available directly from the seller, this plot represents an attractive investment opportunity, offering considerable upside potential in a growing market.
• Versatile Potential: Without beach access, the plot is not limited to residential development. Its versatility allows for commercial, mixed-use, or even community-oriented projects, broadening the potential investor pool.
• Market Demand: Situated in a coveted area, the plot is well-positioned to meet the growing demand for high-quality, well-located developments. The unique blend of size, location, and potential makes it a sound investment.

In conclusion, this plot represents a rare opportunity to invest in a significant piece of real estate with vast potential. Its size, FAR, and strategic location offer the perfect foundation for a lucrative and prestigious development project.