Land for sale in Ajman, Al Amrah, corner plot with 3 streets and an alley, measuring 38,739 sq ft, permit for G+41, with the possibility of selling th
A rare investment opportunity is available for sale in the Emirate of Ajman. This prime plot of land, with a permit for a mixed-use residential and commercial tower, is located in the Al Amrah area, directly on Sheikh Mohammed Bin Zayed Road at the entrance to Emirates City. This strategic location significantly enhances the project's value in terms of visibility, accessibility, and connectivity to the rest of the UAE.
The land boasts a unique corner location on three streets and an alley, offering multiple frontages and unobstructed views. This prime location provides exceptional flexibility in architectural design and allows for the development of a modern, high-specification tower. The vibrant location ensures a dynamic market and attracts a wide range of residents and investors, especially given its proximity to modern residential areas and existing projects.
The land spans 38,739 square feet, a substantial area ideal for developing a large-scale project. With a building permit for a ground floor plus 41 floors, the project can be designed as a fully integrated mixed-use residential and commercial tower, featuring apartments, retail outlets, and service facilities. This maximizes investment returns and diversifies income streams.
The land is freehold, allowing for the sale of individual apartments. This significant advantage enables investors to subdivide the project and sell them as separate units to end-users or investors, enhancing investment flexibility, accelerating capital recovery, and generating substantial profits.
The prime location on a major thoroughfare, Sheikh Mohammed Bin Zayed Road, guarantees the project high market value. Furthermore, its easy accessibility to and from Dubai, Sharjah, and the rest of the UAE makes it ideal for both residential and commercial use.
The asking price of AED 23,000,000 represents a significant opportunity given the land size, strategic location, and the high permit allowing for the construction of a high-rise tower with a substantial return on investment.
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