Residential with Retail Plot for Sale in IMPZ – Ideal for Mixed-Use Development

Property ID: SAN PP 756
Location: IMPZ (International Media Production Zone), Dubai
Property Type: Residential with Retail Plot
Ownership Type: Freehold
Height Permission: G+16
Plot Size: 61,639 Sqft
Gross Floor Area (GFA): 234,227 Sqft
Sale Price: AED 40,989,725

This exceptional residential with retail plot located in the International Media Production Zone (IMPZ) offers an incredible opportunity for mixed-use development. With a generous plot size of 61,639 sqft and a substantial GFA of 234,227 sqft, this site is ideal for creating a G+16 high-rise development, blending residential units with retail spaces to cater to a dynamic community.

Key Features:

Strategic Location: IMPZ is a growing business hub in Dubai, known for its proximity to key areas like Dubai Sports City, Motor City, and Al Quoz. The location offers excellent connectivity to major roads like Sheikh Mohammed Bin Zayed Road, providing easy access to Dubai’s commercial, retail, and entertainment centers.
High-Rise Development Potential: The G+16 height allowance opens up significant potential for developing a multi-story residential tower with retail space at ground level, making it an ideal site for mixed-use projects that cater to both residents and businesses.
Freehold Ownership: This freehold plot offers local and international investors the opportunity to own land in a developing area with long-term growth potential.
Investment Value: IMPZ is an area seeing increasing demand for both residential and commercial properties, providing an excellent opportunity for capital appreciation and high rental yields. This plot is a prime investment for developers and investors looking to capitalize on the area’s growth.
Flexible Development Options: The plot’s size and zoning provide flexibility for different types of developments, whether a residential tower, retail complex, or mixed-use building that combines both.
Affordable Pricing: At AED 40,989,725, this plot offers competitive pricing for its prime location and substantial development potential.

Sale Price: AED 40,989,725
Agency Fees: 2% of Sale Price
Transfer Charge: 4% of Sale Price

This is a unique opportunity to invest in a high-potential plot in one of Dubai’s emerging areas. Ideal for developers looking to capitalize on the growing demand for mixed-use spaces, this plot offers the chance to create a landmark project. For more information or to schedule a viewing, please contact us today.