Private Plot for Sale on Amman Street, Al Qusais – Ideal for Commercial or Residential Building

Property Overview:
A rare opportunity to acquire a prime plot of land on Amman Street in Al Qusais, suitable for developing a commercial or residential building. This plot is ideal for investors and developers looking to capitalize on a high-demand area.

Key Features:
Property Type: Private Plot for Commercial or Residential Building (Independent)
Location: Amman Street, Al Qusais
Deal Type: Sale
Ownership Type: Private Plot (Available for purchase by local or GCC nationals)

Financial Details:
Selling Price: AED 13,000,000 (Net to Owner)
Transfer Charge: 4% of Selling Price (Paid by Buyer)
VAT: If Applicable (Paid by Buyer)
Agency Fees: 2% of Selling Price (Paid by Buyer)

Property Specifications:
Plot Size: 14,401 Sqft
Permission: G + 9 (Ground + 9 Floors)

Usage:
Approved for commercial or residential use

Description:
This 14,401 sqft plot on Amman Street in Al Qusais presents an excellent investment opportunity for those looking to develop a high-rise commercial or residential building. With permission to build up to 9 floors, this plot offers significant potential for creating a landmark property in a bustling area.

The selling price for this prime plot is AED 13,000,000, with additional costs including a 4% transfer fee and applicable VAT, both of which are the buyer’s responsibility. The buyer is also responsible for a 2% agency fee on the selling price.

Situated in a highly accessible and visible location, this plot benefits from excellent connectivity to major roads and public transportation, making it a strategic choice for both commercial and residential projects.

Amenities:
Proximity to major commercial centers
Excellent road connectivity
Easy access to public transportation

Conclusion:
This 14,401 sqft private plot on Amman Street, Al Qusais, is a prime investment opportunity for developers and businesses looking to establish a significant presence in a high-demand area. With permissions for a G + 9 building, the plot is perfect for developing a commercial or residential property that can capitalize on the strategic location and high visibility.