Property Overview: Prime school plot with G+2 permission available for sale in Al Jaddaf. This plot is strategically located and is an excellent opportunity for educational institutions looking to establish or expand their presence in a well-connected area.

Key Features:
Property Type: School Plot with G+2 Permission
Location: Al Jaddaf
Ownership Type: Leasehold Property (30 + 30 Years Renewable)
Deal Type: Sale

Financial Details:
Selling Price: AED 4,000,000 (Net to Owner)
Land Lease: AED 848,000 per year
Transfer Charge: AED 200,000 to AED 300,000 (Approximate, paid by buyer)
VAT: 5% of Selling Price (Paid by Buyer)
Agency Fees: 2% of Selling Price (Paid by Buyer)

Property Specifications:
Plot Area: 106,000 Sqft
Build-Up Size: 90,000 Sqft

Usage:
Approved for school development

Description:
This 106,000 sqft school plot in Al Jaddaf comes with G+2 building permission, making it ideal for constructing a large educational facility. The plot has a renewable leasehold term of 30 + 30 years, providing long-term investment security. Situated in a growing area with excellent access to transportation and major roads, it is well-suited for a school project.

The land lease cost is AED 848,000 per year, and the selling price is AED 4,000,000. The buyer will be responsible for additional costs, including a transfer charge of approximately AED 200,000 to AED 300,000, VAT, and agency fees.

Conclusion:
This school plot in Al Jaddaf represents a significant investment opportunity for educational ventures. With ample space for a G+2 development, the property is well-positioned to serve the needs of the community.

Contact Us: To learn more or to arrange a viewing, get in touch with us today. Don’t miss out on this opportunity to develop a key educational institution in a prime location!