Property Description
The Land
An exceptional opportunity for serious investors and developers to purchase a leasehold plot in the heart of Ras Al Khaimah city, in the bustling Al Nakheel district. This plot is ideal for a hotel or residential building, close to existing successful hotel operations, malls, and just five minutes drive away from the emerging tourist district of Al Maireed. To discover more about this land plot and why it's a good investment, please get in touch.
Type: Land Plot
Ownership: Leasehold
Plot Size: 13500 sq. ft / 1277 sq. meter
Existing Structure: No
View/Surrounding: Urban
FAR Potential: 1.50
GFA Potential: 110,000 sq. ft
Sale Price: 6,000,000 AED
Security Deposit: 600,000 AED
Commission: 2% plus VAT
Negotiable: No
Sellers / Landlord
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