free hold a residential–commercial plot with a ready building permit for ground floor + 8 floors (G+8).

Type

Land

Purpose

Sale

Updated

18th April 2026

Completion Status

Ready

For sale: a prime residential–commercial plot in Al Rashidiya 3, one of the most vibrant and in-demand areas in the emirate. The property enjoys a strategic location close to main roads and fully integrated services, making it a golden investment opportunity for those seeking strong and stable long-term returns.

The total land area is 12,000 sq. ft., offering an ideal size for developing a complete real estate project, whether a residential tower, commercial building, or a mixed-use development combining apartments and retail shops. The plot is approved for construction of ground floor plus 8 floors (G+8), allowing for a large-scale project with high return potential relative to the investment size.

The land is situated in a lively area with constant activity and is close to markets, schools, hospitals, restaurants, and public transportation. This prime location ensures strong demand from tenants and makes it easy to lease both residential and commercial units, maintaining high occupancy rates.

This property represents an excellent opportunity for investors and real estate developers. It can be utilized to build a modern tower with contemporary designs that meet current market needs, especially with the growing demand for housing in central locations like Al Rashidiya. Adding retail shops on the ground floor further enhances the project's value and creates multiple income streams.

Investing in this land is not limited to immediate returns but also offers significant future capital appreciation, as property values in the area continue to rise. It is a smart choice for those seeking a secure investment with strong growth potential.

The plot is also suitable for investors interested in development and resale, where a well-executed project can generate high profit margins. Easy access and proximity to major roads further increase the attractiveness of the future development.

The asking price is competitive considering the location, size, and building permission, w

Posted on: 15th April 2026