AED 2,700,000

Own this from just

11,105 AED/month
10,172 sqft / 945 sqm
LAND FOR SALE IN AL RASHIDIYA 1, AL RASHIDIYA

Land in Al-Rashidiya, corner of two streets

Owning land in Al Rashidiya 1 on the corner of two streets and close to Nesto and the Fish Market provides you with an exciting strategic location for investment or development. Here is a detailed look at what you can expect from this site:

Location and Features:
Geographical Location:

Corner of two streets: The land is located on the corner of two streets, giving it the advantage of a prime location and visibility from two sides, which increases the chances of attracting attention and contributes to increasing the investment value.
Proximity to Nesto: This large store, which is a well-known supermarket chain, is located close to the land, providing easy access to groceries and daily products.
Proximity to the Fish Market: Having the Fish Market nearby means that you will be in an area with commercial activity and movement, which can be a special advantage if you are thinking of developing commercial projects such as restaurants or shops.
Access and Services:

Main Roads: The corner of two streets provides easy access to main roads, which facilitates movement and contributes to attracting more customers if you are thinking of using the land for commercial purposes.
Essential Services: The areas surrounding large markets and shopping malls are usually provided with basic services such as electricity, water and sewage.
Potential Uses:

Residential Use:

Residential Construction: The land could be suitable for building a residential complex or villas, as the multiple facades and good views provide an opportunity to design attractive residential projects.

Commercial Use:

Shops: The land could be used to set up shops, especially in a high-traffic area such as its proximity to Nesto and the Fish Market.

Restaurants or Cafes: It could be the ideal area to set up restaurants or cafes that benefit from the commercial movement and activity in the area.

Investment:

Project Development: The land in this location provides a good opportunity to develop commercial or residential projects that could generate good returns on investment due to its strategic location.

Planning Considerations:
Urban Planning:

Local Regulations: Make sure you are aware of the laws and regulations related to land development in Al Rashidiya 1, including the permitted heights and types of uses available.

Infrastructure:

Road and Utilities Networks: Check the condition of nearby roads and infrastructure, and ensure that basic services such as electricity and water are available.
Investment Value:
Demand and Supply: A strategic and convenient location near vital facilities such as Nesto and the Fish Market can enhance the value of the land and make it an attractive investment.
Future Development: Check for any future development plans in the area that may impact the value of the land, such as infrastructure development projects or changes in permitted uses.
Tips:
Site Visit: Before making any decision, visit the land to assess the location and familiarize yourself with the surrounding environment.
Communicate with local authorities: Check for any special restrictions or requirements that may be associated with the land and the planned development.
All in all, a land in Al Rashidiya 1 on the corner of two streets and close to Nesto and the Fish Market offers an exciting strategic location that offers multiple opportunities for investment or development in a vibrant and serviced area.

Property details

Property Type

Land

Property Size

10,172 sqft / 945 sqm


Amenities

Private Pool

Shared Spa

Security

Concierge

Covered Parking

Walk-in Closet

View of Water

Lobby in Building

Vastu-compliant


Project information

project imageproject image

Completed

Gulfa Towers

1, 2 and 3 bedrooms

Developed by:

GJ Real Estate

Delivery Date:

Q3 2023

Down payment:

5%

Property types:

Apartment


Location

Map preview

Provided by

دميانه فكري

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Al Mutamaiz Real Estate

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Response time

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Experience

4 years

Languages

Arabic

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300,000 AED35,000,000 AED
20%
540,000 AED2,160,000 AED
1 year25 years

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Monthly payment

11,105 AED

with interest rate of

3.75%

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Regulatory information

Reference

almutamaizre-10296137

Listed

2 months ago

Broker License

64347

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Fixed rates from: 3.75%

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