???? Mid-Rise Residential Development Plot – Nad Al Hammar | G+10 | Freehold | Strategic Urban Infill Opportunity
???? Property ID: SAN PP 781
???? Location: Nad Al Hammar, Dubai
????️ Property Type: Residential Plot
???? Ownership: Freehold

???? Plot Specifications
Plot Size: 15,500 sqft

GFA (Gross Floor Area): 62,000 sqft

Height Permission: G + 10 Floors

Usage: Residential Apartments (with potential for limited retail on podium, subject to DDA approval)

???? Financial Summary
Sale Price: AED 20,000,000

Price per GFA: ~AED 323/sqft

Agency Fees (2%): AED 400,000

Transfer Charges (4%): AED 800,000

Total Estimated Acquisition Cost: AED 21,200,000

????️ Development Potential
✅ Ideal for:

Mid-rise apartment project – build-to-rent or build-to-sell

Potential for a residential community hub with amenities

Great unit mix potential: Studios to 3BRs with covered parking

???? Investment Highlights
✅ Competitive AED 323/sqft on GFA – strong for Dubai mid-density zones

✅ Freehold title in a mature residential zone

✅ High rental demand from professionals working in Ras Al Khor, Mirdif, and Dubai Silicon Oasis

✅ Quick development cycle opportunity with favorable plot size & height permissions

???? Location Overview: Nad Al Hammar
Strategically located near Ras Al Khor Industrial Area, Dubai Festival City, and Mirdif

Close to E311 (Sheikh Mohammed Bin Zayed Road) and D67 (Nad Al Hamar Road)

Upcoming infrastructure development enhancing area value

Ideal for affordable to mid-income residential developments with good connectivity