Land for sale in Jebel Ali, Dubai

Sale Price: AED1,660,000

Jebel Ali, Dubai

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

 
 
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Street Address

Jebel Ali, Dubai

Property description

Description:

HURRY UP ! NOW ONLY TWO VILLAS LEFT CALL NOW

G+1 Corner villa plots in Jabel Ali hills phase 14 for sell. Prestigious gated community being developed by Meraas. They are located all next to each other with a 360 degree open view meaning there are roads on all 3 sides. It is very next to Dubai Prak and near to Palm Jebel Ali.

Jebel Ali Hills will also be the home of one of the World's Largest Themed Park.

Make this your once in a life time opportunity to own this land in the most prestigious region of Dubai and build your dream home.

Plot No. 1
- Corner Plot
- plot size 10,366.97 sq.ft.
- AED 160 per sq.ft. net to owner
- G+1 Freehold villa Plot
- Freehold.
- 4% Aqood paid
- 70% paid.
- Handover will be expected in July, 2016.

Plot No. 2
- Corner Plot
- plot size 9,700.86 sq.ft.
- AED 160 per sq.ft. net to owner
- G+1 Freehold villa Plot
- Freehold.
- 4% Aqood paid
- 70% paid.
- Handover will be expected in July, 2016.

Jebel Ali Hills was launched over a a year ago. As per the developer and other Estate Agents who specialize in the area, all 2,000 residential plots have been sold out for prices ranging from AED 120 - 140 per sq. ft. These units were sold on a 15 month payment-plan.

Jebel Ali Hills as a project is attractive for the following reasons: (a) large plot sizes that range from 10 - 16,000 sq. ft. (b) located right behind the Dubai Parks by Merass which will be one of the main theme park areas of Dubai. (c) 70% FAR, buyers can build some of the largest villas in Dubai according to their own specifications. (d) Because of low purchase points for large plots, owners can potentially build villas with sizes ranging from 7 - 10,000 sq. ft. at less than half of what it would cost in buying in a mature community in Dubai.

As per Q3 2015, almost all the units are between 70 - 90% paid. There is some slight secondary market activity but it not significant. Prices today on the secondary market range from AED 145 - 160 per sq. ft (larger plot sizes sell for lower per sq. ft. prices, while the 10,000 sq. ft. plots are more in demand).

Transfers are now possible. Therefore a purchaser can now buy a plot (provided the plot has an Aqood and is at least 70% paid). No units are available directly from the developer and all transactions are from the secondary market.

As per the developer, construction on the plots will probably be allowed to commence from Q3 2016 onwards. However, this may be delayed.

Independent estate agents feel that upon completion, prices will average around AED 200 per sq. ft.

For any further inquiry, please don’t hesitate to contact on +971555268586 I’ll be glad to assist you & your call is a pleasure for me.

We also deals in:
Al Furjan / IMPZ / Sports City/ JVC / Arjan & International City.

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About us:
Mahenti Real Estate is one of the fastest growing Real Estate company in Dubai. Our company provides a complete range of sales, leasing, Purchases and consulting services with a large portfolio of property listings and clients throughout Dubai. Our reputation is based on the accuracy of our advice, the quality of our marketing, and most importantly for achieving excellent results. Also visit our web site http://mahentiestatedubai.com/

Property Features :

  • Size: 10367.00 SqFt
  • Zoned For: Residential
  • Freehold: Yes
  • Price / SqFt: 160 AED
  • Listed By: Agent
  • Property Reference: raqib@mahentiestatedubai.com
 
 

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