- Plot for Sale: SHEIKH ZAYED ROAD
- Plot Size: 17,218.74 sq.m / 185,341 sq.ft
- Permitted GFA: 65,032 sq.m / 704,555 sq.ft
- Permitted Use: Mixed Use (Residential / Commercial)
- Permitted Height: G+5P+70
- He is not actively looking to sell the land. He has appointed an
architect (same person who did the Royal Atlantis) and is quite
happy to build out himself - He has received (unsolicited) offers from agents from all over
Dubai with offers ranging from AED 750m to AED 1.2b. Although
he is not looking to sell, an offer > AED 1.2b would turn his
head. - Please note that he has applied for an increase in GFA and this
has been approved. The new GFA number is 751,000 sq.ft - Asking Price: AED 1.2b / GFA of 751,000 = an average land plot
price of AED 1,597 psf of GFA - We haven’t raised the prospect of JV yet but if he received an
EOI where someone recognised that he is valuing the land at
AED 1.2b then….we feel that he would be open to that
conversation.
Mixed Use Plot – Sheikh Zayed Road
Dubai
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Bedrooms
NA
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Bathrooms
NA
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Parking
NA

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