Plot in Jebel Ali HIlls

At these prices,Jebel Ali Hillsis by far the cheapest area in Dubai to purchase free-hold plots. Other mid-end/high-end areas where one can buy freehold plots for construction are inJumeirah Village Triangle and Circle - where prices are at AED 330 - 350 psf;

The Villaproject - AED 290 - 350 psf. Al Furjan - AED 200 - 230 psf. Meraaswill allow 70% FAR - meaning on a 10,000 sq. ft. plot, you can build a 7,000 sq. ft. villa.

Construction cost for a high-end villa can be estimated at AED 300 psf. Meaning a 7,000 sq. ft. six bedroom villa would have a total cost (including plot acquisition) would be about AED 3.4 million. It is hard to find even a ready 3 bedroom villa in a central area of Dubai at this price.

Jebel Ali is an emerging hot-spot. The Expo 2020 site, the planned re-launch of Palm Jebel Ali and the ever increasing need to expand the city means that this area which is currently considered to not be a prime area will only grow in importance over the next few years.

This master-planned community has over 2,000 plots spread over 9 to 11 phases. Though not highly publicized, this project was launched byMeraasin July 2014 and was initially sold only to GCC Nationals. The developer is now selling to all clients on a first come, first serve basis. They also claim (as of early September 2014) that over one thousand plots have already been sold in Phases 1 - 5.

Plot sizes in this project are typically 10,000 sq. ft. Launch prices (as of early September 2014) are between AED 120 - 130 psf.

The Payment plan for the project is as follows:

• 30% down-payment
• 10% after 3 months
• 10% after 6 months
• 20% after 9 months
• 10% after 12 months
• 20% after 15 months
• 50% paid for this plot