Property Type: Plot for Residential Use (Freehold)

Property Details:
Number of Plots: 2
Land Area: 48,400 sqft
Maximum GFA: 116,000 sqft
Permission: G+4+R (Ground + 4 Floors + Roof)

Financial Details:
Selling Price: AED 16 million (Net to Owner)
VAT: As Applicable
Transfer Charge: 4% to the Land Department

Description:
This freehold plot in Dubai South, covering a total land area of 48,400 sqft, is zoned for residential use with a maximum GFA of 116,000 sqft. The plot comes with permission for G+4+R development, offering a prime opportunity for residential construction. The selling price is set at AED 16 million, with additional costs including agency fees of 5% of the selling price plus VAT and a 4% transfer charge to the Land Department.

About RVRG Real Estate:
RVRG Real Estate specializes in commercial and residential properties across the UAE, offering comprehensive real estate solutions. Our services include property sales, facilitating smooth transactions to connect sellers with qualified investors. We assist buyers and investors in identifying lucrative opportunities, providing tailored leasing solutions to maximize returns. Our market analysis guides informed decision-making, while negotiation support ensures favorable terms. Additionally, our property management services efficiently handle diverse portfolios, ensuring client satisfaction and value creation.