4307m² Land No. 109918

4307m² Land  No. 109918
ID109918 $ 3 812 117
109918

Property description

Great Opportunity for investors and small developers

Property Details:
16 Townhouse Plots (adjacent)
G+1 Freehold
No service charges for a lifetime
12 middle plots
4 Corner plots
Total size: 46,356.04 Sqft

Selling price: AED 14,000,000

Investment Model:
Acquisition Cost: AED 859,000 approx
Expected construction cost: AED 14,000,000 approx.

Total Villas cost till completion: AED 28,859,000
Total expected sale(lowest market price taken): AED 41,400,000
Expected profit from the sale of AED 12,541,000 approx
Profit from selling individual ready units: AED 43%
Expected time for construction and liquidation: 2 years

Middle villa plots are 2583 sqft each
4 corners: 1099 sqft, 1027 sqft, 1240 sqft, 1240 sqft
All plots BUA can be reached more than 4000 sqft (But 3500 sqft taken for the above feasibility)

Further details will be shared for the serious client in a meeting.

Features

Balcony
  • Balcony
Equipment and Appliances
  • Central A/C

Indoor facilities

Car park
  • Covered parking

Outdoor features

Barbecue
  • Barbecue area
Pets
  • Pets allowed
Contact the seller
Contact me via
TypeLand
Living space4307 m²
  • sq. ft
Price
  • Price
  • per m²
$ 3 812 117
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