Details:Posted on: 10th June 2015
Size:77000.00 SqFt
Zoned For:Residential
Freehold:Yes
Price / SqFt:2857 AED
Approved Built Up Area Size:400000.00
Property Reference : AFP-S-00186
Description:
Strategic and Largest PLOT for SALE in Downtown Dubai
About Downtown Dubai:
It is the home of some of the city's most important landmarks including Burj Khalifa, Dubai Mall, and Dubai Fountain. It covers an area of 2 square kilometres and estimated to cost US$20 billion (Dh73 billion) upon completion.
The complex is situated along Sheikh Zayed Road across from Al Wasl locality on the north-west. It is bounded to the south by Business Bay and to the north-east by Financial Centre Road, which separates it from Zabeel 2 and Trade Center 2.
It is connected to the Dubai Metro via the Burj Khalifa/Dubai Mall Metro Station. The First Interchange, which is in the last phases of construction, will guarantee the free flow of traffic to and from the area.
Plot Details:
Total Plot size: 77,000 sq ft.
Gross Floor Area: 400,000 sq ft
Land Use: For Residential/ Commercial
Status: VACANT
It is one of the largest plot available in Downtown Dubai, many of the other plot size are on average of 45-55,000 sq ft only.
Note:
The Plot is strategically located and only steps away to the Dubai Mall expansion and the Address Fountain Views 1, 2 & 3 due for completion by 2017. It will be walking distance within the vicinity of Souk Al Bahar, Opera House, Burj Khalifa, Dubai Mall and to the Dubai Metro Station.
Selling Price:
The Owner of the Plot is looking at AED 550 per sq ft.
The Selling Price is AED 220,000,000.00 + 4% Transfer Fees and +2% Brokerage Fees.
The Title Deed is ready with the Owner.
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