For Sale: Prime Freehold Residential & Commercial Plot on Sheikh Mohammed Bin Rashid Street
An excellent investment opportunity to own a freehold residential and commercial plot located directly on Sheikh Mohammed Bin Rashid Street, one of the most vibrant and strategically located areas with easy access to main roads, services, and commercial facilities. The plot is suitable for investors and developers looking to build a modern residential or mixed-use building in a high-demand area.
The land has a total area of 8,073 square feet, providing a spacious layout for development. It is permitted for Ground + 5 Floors (G+5), allowing the construction of multiple residential units along with commercial spaces on the ground floor, making it an ideal opportunity for generating strong rental income and long-term investment returns.
The location enjoys excellent connectivity and is close to schools, supermarkets, mosques, restaurants, and various daily amenities, which increases the attractiveness of the project for future tenants and buyers.
Property Details:
Type: Residential / Commercial Land
Location: On Sheikh Mohammed Bin Rashid Street
Ownership: Freehold
Plot Size: 8,073 sq. ft.
Building Permission: Ground + 5 Floors (G+5)
Price: AED 4,200,000
Note: The land is not exempt from registration fees
A great opportunity for investors seeking a prime location with high development potential and strong future returns. For more details or to arrange a viewing, please get in touch.