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RARE Retail Plot | Ground only | 0.4 FAR

Land for Sale in Majan

Reference: avenuerealty-1637437

Facts

Price
4,300,000 AED
Type
Land
Reference
avenuerealty-1637437
Trakheesi Permit
0126406473
Area
21,656 sqft / 2,012 sqm

Amenities

Covered Parking
Networked
Listed: 1 month ago
Agent:
Hitesh Tolani
Company:
Avenue Realty Real Estate
ORN#
12774
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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 7,000,000/- 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
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Agent:
Hitesh Tolani
Company:
Avenue Realty Real Estate
ORN#
12774
View all our properties
Call now