A prime real estate opportunity is available for sale: a plot of land located in Al Rashidiya 1, a vibrant area that seamlessly blends residential and commercial spaces. This combination offers high investment value and attracts increasing interest from investors and those seeking strategic locations. The land is zoned for residential and commercial use, a designation that opens up ample opportunities for developing an integrated project combining residential units and retail outlets, thus maximizing the potential for consistent and stable financial returns.
The land spans 2,300 square feet, a well-planned area that allows for highly efficient development in both architectural design and unit layout. The building permit allows for a ground floor plus four upper floors, a significant advantage that enhances the project's viability and grants the owner the flexibility to construct a mixed-use building that caters to market demands for both residential rentals and commercial activities.
This land is distinguished by its prime location in the heart of Al Rashidiya 1, close to essential services such as markets, schools, and health centers, in addition to easy access to main roads connecting the area to the rest of the emirate. This makes it a preferred destination for both living and working. This location not only ensures the comfort of residents but also enhances the project's appeal for any commercial activity established on it.
As for the price, this land is offered at AED 990,000 as a final price, which is very reasonable considering the location, classification, and high building potential. This makes it a golden opportunity for those seeking a successful investment or to establish a real estate project that will generate rewarding returns in the long term.