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LAND FOR SALE IN DEIRA
- Plot size: 103,720 Sq. Ft
- Land Tenure: GCC Freehold
- Land is currently used as a car park
- Permitted Use: Commercial, Offices, Industrial
- Estimated Permissible GFA - can be provided upon request
Subject Plot
The Subject Plot has a prominent location within Al Khabaisi with direct road frontage on to Abu Baker Al Siddique Street. The Plot’s zoning is ideal for its location, as it is situated within a cluster of warehouses, all of which have known to benefit from high levels of occupancy. In addition to the redevelopment opportunity, in its current use as a car park it is generating in excess of AED 800,000 in Gross Income per Anum.
Plot Location – Al Khabaisi
Al Khabaisi spans approximately 100 hectares in the eastern region of Dubai, in Deira. The area shares neighbouring borders that include Hor Al Anz, Al Twar, and Al Muraqqabat. The area is a bustling commercial hub of Deira, and its central location makes creates substantial demand for the areas warehouse offering. The area can be considered a commercial-led district, featuring office buildings, warehouses, hotel plazas, catering to a range of business activities.
For more information about this plot and other GCC plot list, please reach out to our land specialist - Muhsen Tutongy at 0565489631
Knight Frank is the leading independent global residential and commercial property consultancy, headquartered in London. Knight Frank has a strong presence in the Middle East with offices in Abu Dhabi, Dubai, and Saudi Arabia.
Property details
Property Type
Land
Property Size
103,720 sqft / 9,636 sqm
- Land Tenure: GCC Freehold
- Land is currently used as a car park
- Permitted Use: Commercial, Offices, Industrial
- Estimated Permissible GFA - can be provided upon request
Subject Plot
The Subject Plot has a prominent location within Al Khabaisi with direct road frontage on to Abu Baker Al Siddique Street. The Plot’s zoning is ideal for its location, as it is situated within a cluster of warehouses, all of which have known to benefit from high levels of occupancy. In addition to the redevelopment opportunity, in its current use as a car park it is generating in excess of AED 800,000 in Gross Income per Anum.
Plot Location – Al Khabaisi
Al Khabaisi spans approximately 100 hectares in the eastern region of Dubai, in Deira. The area shares neighbouring borders that include Hor Al Anz, Al Twar, and Al Muraqqabat. The area is a bustling commercial hub of Deira, and its central location makes creates substantial demand for the areas warehouse offering. The area can be considered a commercial-led district, featuring office buildings, warehouses, hotel plazas, catering to a range of business activities.
For more information about this plot and other GCC plot list, please reach out to our land specialist - Muhsen Tutongy at 0565489631
Knight Frank is the leading independent global residential and commercial property consultancy, headquartered in London. Knight Frank has a strong presence in the Middle East with offices in Abu Dhabi, Dubai, and Saudi Arabia.
Regulatory information
Regulatory information
Reference
S277762
