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Land in Al Satwa, Dubai, UAE 3252.7 sq.m. № 426157
38
ID426157
18 500 000 AED
- AED
- EUR €
- USD $
- RUB ₽
- GBP £
Property description
Engel & Volkers is pleased to present a unique investment opportunity in the prime part of the city, offering a freehold plot for G+8 development with the potential to subdivide the title deed.Key Features:
- The plot is strategically located in a highly sought-after area, close to downtown, City Walk, and the Trade Center. This prime location ensures excellent connectivity and proximity to major business, leisure, and entertainment hubs of the city
- The plot offers freehold ownership, providing investors with complete control and flexibility in developing their vision
- G+8 Development: The plot is zoned for G+8 development, allowing for the construction of a multi-story building. This presents an excellent opportunity for residential, commercial, or mixed-use development, catering to the high demand in the market
- Subdivision Opportunity: One of the unique advantages of this plot is the potential to subdivide the title deed. This allows investors to maximize their returns by developing multiple units or selling individual plots
Investment Potential:
- The prime location of the plot, near popular attractions and business districts, ensures a high demand for residential and commercial units
- Investments in this area have historically shown significant capital appreciation, making it an attractive long-term investment opportunity
- The central location and proximity to key amenities make properties in this area highly desirable for tenants, offering the potential for attractive rental yields
- The subdivision opportunity allows investors to diversify their portfolios and cater to different segments of the market, maximizing their potential returns
Engel & Volkers is one of the world’s leading service companies specializing in the brokerage of residential and commercial properties, yachts, and aviation, with 1,000+ offices in over 30 countries.
Contact Engel & Volkers today for further details.
Trakheesi Permit: 6533392026
Dubai - Statistics
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| Parameters | Dubai |
|---|---|
| Rent Per Month | |
| Apartment (1 bedroom) in City Centre | 7 761.30 AED |
| Apartment (1 bedroom) Outside of Centre | 4 758.18 AED |
| Apartment (3 bedrooms) in City Centre | 14 735.76 AED |
| Apartment (3 bedrooms) Outside of Centre | 9 995.56 AED |
| Buy Apartment Price | |
| Price per Square Meter to Buy Apartment in City Centre | 17 995.83 AED |
| Price per Square Meter to Buy Apartment Outside of Centre | 10 561.14 AED |
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| Parameters | Dubai |
|---|---|
| Crime Index | 16.00 |
| Cost of Living and Rent Index | 53.11 |
| Purchasing Power Index | 128.33 |
| Property Price to Income Ratio | 4.80 |
| Safety Index | 84.00 |
| Traffic CO₂ Index | 8045.25 |
| Traffic Inefficiency Index | 251.07 |
| Rent Index | 46.43 |
| Health Care Index | 69.68 |
| Groceries Index | 45.13 |
| Pollution Index | 48.66 |
| Traffic Commute Time Index | 36.30 |
| Restaurant Price Index | 60.52 |
| Climate Index | 50.27 |
| Cost of Living Index | 59.63 |
| Quality of Life Index | 176.60 |
| Traffic Index | 169.49 |
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| Parameters | Dubai |
|---|---|
| Restaurants | |
| Meal, Inexpensive Restaurant | 40.00 AED |
| Meal for 2 People, Mid-range Restaurant, Three-course | 300.00 AED |
| McMeal at McDonalds (or Equivalent Combo Meal) | 35.00 AED |
| Domestic Beer (0.5 liter draught) | 45.00 AED |
| Imported Beer (0.33 liter bottle) | 45.00 AED |
| Coke/Pepsi (0.33 liter bottle) | 4.07 AED |
| Water (0.33 liter bottle) | 2.69 AED |
| Cappuccino (regular) | 21.55 AED |
| Markets | |
| Milk (regular), (1 liter) | 7.06 AED |
| Loaf of Fresh White Bread (500g) | 5.89 AED |
| Eggs (regular) (12) | 12.03 AED |
| Local Cheese (1kg) | 35.39 AED |
| Water (1.5 liter bottle) | 2.28 AED |
| Bottle of Wine (Mid-Range) | 55.00 AED |
| Domestic Beer (0.5 liter bottle) | 11.87 AED |
| Imported Beer (0.33 liter bottle) | 17.35 AED |
| Cigarettes 20 Pack (Marlboro) | 23.00 AED |
| Apples (1kg) | 8.32 AED |
| Chicken Fillets (1kg) | 27.87 AED |
| Oranges (1kg) | 6.51 AED |
| Potato (1kg) | 3.61 AED |
| Lettuce (1 head) | 6.08 AED |
| Rice (white), (1kg) | 8.07 AED |
| Tomato (1kg) | 5.79 AED |
| Banana (1kg) | 7.01 AED |
| Onion (1kg) | 4.46 AED |
| Beef Round (1kg) (or Equivalent Back Leg Red Meat) | 33.90 AED |
| Transportation | |
| One-way Ticket (Local Transport) | 6.00 AED |
| Monthly Pass (Regular Price) | 300.00 AED |
| Gasoline (1 liter) | 3.04 AED |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 150 000.00 AED |
| Taxi Start (Normal Tariff) | 12.00 AED |
| Taxi 1km (Normal Tariff) | 3.00 AED |
| Taxi 1hour Waiting (Normal Tariff) | 30.00 AED |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 84 233.53 AED |
| Utilities (Monthly) | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment | 743.00 AED |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 350.28 AED |
| 214.69 AED | |
| Salaries And Financing | |
| Average Monthly Net Salary (After Tax) | 14 860.40 AED |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 5.02 |
| Sports And Leisure | |
| Fitness Club, Monthly Fee for 1 Adult | 329.25 AED |
| Tennis Court Rent (1 Hour on Weekend) | 182.20 AED |
| Cinema, International Release, 1 Seat | 50.00 AED |
| Clothing And Shoes | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 229.37 AED |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 215.00 AED |
| 1 Pair of Nike Running Shoes (Mid-Range) | 357.24 AED |
| 1 Pair of Men Leather Business Shoes | 349.36 AED |
| Childcare | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 2 729.03 AED |
| International Primary School, Yearly for 1 Child | 53 179.49 AED |
Data are provided by Numbeo.com and are based on its users survey. Emirates.estate can not guarantee the validity of these data.
Contact the seller
Price
- Price
- per m²
18 500 000 AED
Price history
10.05.2024
18 500 000 AED
02.04.2024
18 000 000 AED
- AED
- EUR €
- USD $
- RUB ₽
- GBP £
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