AED 288,001,500
Own this from just
1,036,494 AED/month144,000 sqft / 13,378 sqm
LAND FOR SALE IN AL MARJAN ISLANDFlagship Residential / Mixed-Use Plot for Sale – Peninsula, Al Marjan Island
North Bay | Massive GFA | G+10 Approved | Premium Waterfront Location
Price: AED 288,001,500
Plot Size: 144,000.75 sq. ft.
FAR: 2.0x
Max GFA: 288,001.50 sq. ft.
Usage: Residential & Mixed-Use
Height Approval: Up to G + 10 floors (subject to Marjan team review)
Ownership: Freehold
Key Investment Highlights
North Bay, Peninsula – Al Marjan Island: Premium waterfront address
Massive Development Potential with 288,000+ sq. ft. GFA
Mixed-Use / Residential Approval – Ideal for branded residences, apartments, and retail
G+10 Building Approval (Design review required)
Flexible Timelines – 3.5 years (1 year to commence, 2.5 years to complete)
Pricing & Payment Terms
Land Price: AED 2,000 per sq. ft.
Total Price: AED 288,001,500 (exclusive of VAT and taxes)
Payment Plan:
00% Payment Due Immediately – acts as non-refundable Reservation Fee
PSPA to be signed within 30 days of payment
Additional Fees & Penalties
Payment Delay Penalty: 8% p.a.
Construction Delay Penalty: AED 0.025/day/sq. ft. of GFA
Transfer Admin Fee: 1.5% (with family/group transfer exemption)
Land Registration Fee: 4% split between buyer and seller (2% each)
Community Charges: AED 2.50/sq. ft. of GFA annually
Why Al Marjan Island?
UAE’s most exciting waterfront investment destination
Home to the future Wynn Casino & Resort – the region’s first integrated gaming resort
Surrounded by 5-star hotels, luxury brands, and retail
High potential for capital appreciation and rental yield
Flagship Residential / Mixed-Use Plot for Sale
North Bay | Massive GFA | G+10 Approved | Premium Waterfront Location
Price: AED 288,001,500
Plot Size: 144,000.75 sq. ft.
FAR: 2.0x
Max GFA: 288,001.50 sq. ft.
Usage: Residential & Mixed-Use
Height Approval: Up to G + 10 floors (subject to Marjan team review)
Ownership: Freehold
Key Investment Highlights
North Bay, Peninsula – Al Marjan Island: Premium waterfront address
Massive Development Potential with 288,000+ sq. ft. GFA
Mixed-Use / Residential Approval – Ideal for branded residences, apartments, and retail
G+10 Building Approval (Design review required)
Flexible Timelines – 3.5 years (1 year to commence, 2.5 years to complete)
Pricing & Payment Terms
Land Price: AED 2,000 per sq. ft.
Total Price: AED 288,001,500 (exclusive of VAT and taxes)
Payment Plan:
00% Payment Due Immediately – acts as non-refundable Reservation Fee
PSPA to be signed within 30 days of payment
Additional Fees & Penalties
Payment Delay Penalty: 8% p.a.
Construction Delay Penalty: AED 0.025/day/sq. ft. of GFA
Transfer Admin Fee: 1.5% (with family/group transfer exemption)
Land Registration Fee: 4% split between buyer and seller (2% each)
Community Charges: AED 2.50/sq. ft. of GFA annually
Why Al Marjan Island?
UAE’s most exciting waterfront investment destination
Home to the future Wynn Casino & Resort – the region’s first integrated gaming resort
Surrounded by 5-star hotels, luxury brands, and retail
High potential for capital appreciation and rental yield
Property details
Property Type
Land
Property Size
144,000 sqft / 13,378 sqm
Available from
17 May 2025
Location
Provided by
The One Properties
See agency properties (193)Response time
within 1 hour
Experience
3 years
Closed Deals
1
Languages
English, Arabic, French
Get the right mortgage for you
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Monthly payment
4,936 AED
with interest rate of
3.75%
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Reference
01JVFE3CF18R1XCMW2Q60QC7KM
Listed
1 month ago
Broker License
47004393
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Own this property from just
1,036,494 AED /month
Fixed rates from: 3.75%
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