Land for sale in Dubai Industrial City, Dubai

Sale Price: AED16,091,709

Dubai Industrial City, Dubai

Land
-- Bed(s)
-- Bath(s)
Available

 
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Street Address

Dubai Industrial City, Dubai

Property description

Description:

This hotel plot is strategically located near the Al Maktoum International Airport and the Jebel Ali residential district. With the Expo 2020 site next door, the location is ideal for construction of a 3-star hotel to accommodate guests arriving at the airport, visiting the Dubai Industrial City, and participating in the Expo 2020. Today, there are very few plots for sale in this area and hardly any hotel plots.

The plot forms a corner with easy access to the main road, next to Sheikh Mohammed Bin Zayed Road.

Over time, land has proven to be a lucrative asset class compared to ready residential units. With the increased urbanization, the pressure to develop land in different areas in Dubai is obvious; and with the increase in population, land prices will continue to rise. Dubai Industrial City with its different Zones is expected to accommodate around 500,000 people when completed by 2017.

Property Features :

  • Size: 81709.00 SqFt
  • Freehold: No
  • Price / SqFt: 196 AED
  • Property Reference: RL64