A rare investment opportunity awaits you: own a residential/commercial plot of land in one of Ajman's most vibrant and sought-after areas, Al Rashidiya 1. The land boasts a prime strategic location directly opposite the Pearl Towers, offering exceptional value in terms of location, easy access, and strong potential for return on investment.
The 8,266 sq ft plot is ideally suited for developing an integrated residential and commercial project. This could involve constructing a multi-story building with retail shops on the ground floor and residential apartments on the upper floors, or a diversified investment project serving the surrounding densely populated area.
The land is permitted for a ground floor plus eight floors (G+8), one of the highest permits available in the area. This allows for maximum space utilization, increased unit capacity, and a higher return on investment. This permit grants the investor significant design and development flexibility to meet current market demands, whether for residential, commercial, or mixed-use developments.
The location is conveniently close to major roads, shopping centers, schools, hospitals, and banks, as well as densely populated residential areas, ensuring consistently high demand for residential and retail units in the future project. The land's location facing existing residential towers enhances its commercial and rental potential.
This land represents a golden opportunity for investors seeking to develop a large-scale real estate project with a strong and stable return, or for those looking for a prime property with the potential for future growth and market appreciation in an area experiencing continuous urban and commercial development.
💰 Asking Price: AED 6,200,000
A prime residential/commercial land plot with high-level permits and a strategic location in the heart of Al Rashidiya 1, offering significant investment potential and multiple development opportunities.