Prime Residential Plot for Sale in IMPZ – Perfect for Hotel or Hotel Apartment Development

Property ID: SAN PP 759
Location: IMPZ (International Media Production Zone), Dubai
Property Type: Residential Plot / Hotel or Hotel Apartment
Ownership Type: Freehold
Height Permission: G+7
Plot Size: 76,160 sqft
Gross Floor Area (GFA): 266,562 sqft
Sale Price: AED 46,648,350

Located in the thriving International Media Production Zone (IMPZ), this expansive residential plot offers exceptional development potential for a hotel or hotel apartment complex. The plot spans 76,160 sqft with a Gross Floor Area of 266,562 sqft, providing ample space for a G+7 development. It’s a fantastic opportunity for investors and developers looking to create a high-quality, revenue-generating property in one of Dubai’s most rapidly growing areas.

Key Features:

Strategic Location: IMPZ, also known as Dubai Production City, is a key business district offering easy access to major highways, including Sheikh Mohammed Bin Zayed Road. The area is home to numerous media and production companies, making it an attractive location for both residential and hospitality developments.

Development Potential: With a large plot size of 76,160 sqft and a GFA of 266,562 sqft, this residential plot offers ample space for a multi-story hotel or hotel apartment complex, providing a mix of residential and hospitality units to meet the demands of Dubai’s vibrant tourism and business sectors.

Freehold Ownership: As a freehold plot, this property provides both local and international investors with full ownership, offering long-term value and growth potential.

High-Value Investment: With G+7 height permission, developers can construct a high-rise building, maximizing the plot’s potential for rental income and capital appreciation. The location’s proximity to major business districts ensures strong demand for hotel and hospitality services.

Perfect for Hospitality Projects: The plot’s generous size and ideal zoning make it well-suited for the development of a hotel or serviced apartment complex, catering to the growing demand for high-end accommodations in Dubai.

Competitive Pricing: At AED 46,648,350, this plot offers great value for its prime location and development potential, making it an attractive proposition for savvy investors and developers seeking a high-return project in Dubai.

Sale Price: AED 46,648,350
Agency Fees: 2% of Sale Price
Transfer Charge: 4% of Sale Price

This residential plot for sale in IMPZ represents a golden opportunity for developers looking to build a high-quality hotel or hotel apartments in one of Dubai’s most dynamic and expanding districts. For more information or to schedule a viewing, contact us today.