Welcome to a rare opportunity in DIP– a sprawling residential plot spanning 45,000 sqft, primed for transformative development. With a G+5 permission, this land promises a residential project in a flourishing urban landscape. Positioned for a lease duration of 30 years, this prime real estate offers an exclusive canvas for visionary developers to craft an iconic residential complex.
Strategically located and brimming with potential, this plot comes with the added advantage of an annual rent of 8 AED per square foot, amounting to a total yearly commitment of 360,000 AED to Dubai Investments Park (DIP). At an unbeatable minimum market price of 13.5 million AED (300 AED/sqft), this investment opportunity is a gateway to lucrative returns. With a generous selling price of 4 million AED (89 AED/sqft net to the owner), this property not only provides an excellent value proposition but also sets the stage for a prosperous venture in one of the region’s most sought-after real estate markets. Seize the moment, shape the skyline, and make your mark with this unparalleled residential land opportunity in DIP.