A prime real estate development opportunity on an 11,000 sq ft plot directly opposite the mosque – all-inclusive price and strategic location
A golden investment opportunity to own an existing traditional Arabic house on an 11,000 sq ft plot in a prime strategic location directly opposite the mosque, in a quiet area close to all essential services.
The property is suitable for family living or as a promising investment opportunity, given its large size and the potential for redevelopment to meet the needs of the real estate market.
Property Features:
Direct location opposite the mosque
Very large plot size (11,000 sq ft)
Existing traditional Arabic house
Separate annex that can be used as an additional residence or an external majlis (reception area)
Spacious yard allowing for the addition of multiple parking spaces or outdoor seating areas
Quiet residential area close to schools, markets, and services
Opportunity for investors and developers: The large size allows for demolition and redevelopment, with the possibility of dividing the land into 3 distinct plots (subject to municipal regulations), which significantly enhances the return on investment.
Price: AED 2,750,000 inclusive of all services