Properties for Sale in Majan
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Land for Sale in Majan

RARE Retail Plot | Ground only | 18% ROI

Property type:
Land
Property size:
21,656 sqft / 2,012 sqm
3,300,000 AED
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Location

Map
Majan
Dubai

Agent

Hitesh Tolani
Manager - Sales & Leasing at Avenue Realty Real Estate
Speaks English, Hindi, Urdu, Punjabi

Amenities

Covered Parking
Networked

Description

Avenue Realty is proud to present this very RARE opportunity to own a Ground only Retail - Commercial plot in one of the most promising upcoming areas in Dubai - Majan, with an astonishing low FAR of 0.4.

Plot Details:-

Majan - Dubailand
Plot Size: 21,656 Sq Ft
GFA: 8,663 Sq Ft
FAR: 0.4
Permission: Commercial - Retail
Height: Ground

Location: Corner plot with a lot of visibility in Majan, Dubailand

Open on all 3 sides.

Preliminary drawings show that a small Shopping outlet could be built with the following :-
1 Large supermarket - 2600 sq ft
8 Retail outlets / fast food restaurants
1 Large restaurant with outdoor seating
17 car parks

All of the above with an estimated rental income of not less than AED 1 Million per year.

Total project cost is estimated at AED 5,500,000/- including land acquisition and construction.

Majan is mainly occupied by approx 2,000 Emirates Airline staff. The airline has built 825 units in Majan covering about 1.5 Million sq ft.

Call Hitesh +971556580580

Like this property? Come back to it later, easily.

3,300,000 AED
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