Dubai- Freehold Hotel Investment Opportunity

AED 49,004,162
  • Location:

    Palm Jumeirah, Dubai

  • Property Type:

    Hotel

  • BUA:

    130,450 Sq Ft

  • RERA No.:

    28537

  • Plot Size:

    32,612 Sq Ft

  • Ref No.:

    CP0074

Property Description

We are delighted to present an excellent opportunity to construct a beachfront residence or hotel on Palm Jumeirah. 

The plot has a total area of 3,029.81 sq ft and the maximum permissible built-up area is 12,119.24 sq ft, which includes interior spaces and half of a covered balcony/terrace area. Utility rooms, staircases, shafts, open terraces and car parks are exempt from that limit. The provision allows for the construction of a G+12 building.

The plot cannot be combined with adjoining plots or divided into subplots without prior permission from the developer. All utility allocations and setback limits must be adhered to.

For this plot, the setbacks are:

-6m from the main road

-10 m from the monorail

-3m from the adjacent plot

-6m from rock revetment on the beachfront

-Mechanical equipment on the rooftop should have a minimum setback of 5m from building edges

-Independent structures within the plot should have a minimum setback of 5m from each other

This is an exceptional option for the discerning investor in Dubai to develop a project in one of the city’s most prime areas.

Location Map

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