Invest in a prime freehold development opportunity located in the sought-after DREC community. This exceptional property boasts a generous plot size of 60,761 sq. ft and allows for a total gross floor area (GFA) of 273,430 sq. ft, offering significant potential for a high-rise residential development. With permitted construction height of G+13, this plot presents the chance to create a remarkable residential project.

Key Features:
Prime location in DREC
Freehold ownership
Substantial plot size of 60,761 sq. ft
Generous GFA allowance of 273,430 sq. ft, ideal for a high-rise residential development
Permitted building height of G+13
Sale Price: AED 27 Million
Agency Fees: 2% on Sale Price
Transfer Charge: 4% on Sale Price

About RGEstate
RGEstate is a Dubai-based property agency with a proven track record of success in the luxury real estate market. We are committed to providing our clients with exceptional service, in-depth market knowledge, and a personalized approach to achieve their real estate goals. Our team of experienced and dedicated professionals will guide you through every step of the acquisition process, ensuring a smooth and successful transaction.

For further details and exclusive viewing arrangements, please contact RGEstate today.