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  • J V T Plat - Land

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    Invest Dubai
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    This document summarizes a plot of land for sale in Jumeirah Village Triangle. The plot is 45,302 square feet located next to Highway E311. There is an abandoned building next door to the plot. The plot was repossessed by the bank due to previous owner issues. Developing this plot could be profitable if purchased at or below the current market rate of 439 AED per square foot, but the history of repossession and unknown previous ownership claims increase the risk. The location is along a busy highway but near other residential buildings.

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    J V T Plat _ Land

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    This document summarizes a plot of land for sale in Jumeirah Village Triangle. The plot is 45,302 square feet located next to Highway E311. There is an abandoned building next door to the plot. The plot was repossessed by the bank due to previous owner issues. Developing this plot could be profitable if purchased at or below the current market rate of 439 AED per square foot, but the history of repossession and unknown previous ownership claims increase the risk. The location is along a busy highway but near other residential buildings.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    3 views10 pages

    J V T Plat - Land

    Uploaded by

    Invest Dubai
    This document summarizes a plot of land for sale in Jumeirah Village Triangle. The plot is 45,302 square feet located next to Highway E311. There is an abandoned building next door to the plot. The plot was repossessed by the bank due to previous owner issues. Developing this plot could be profitable if purchased at or below the current market rate of 439 AED per square foot, but the history of repossession and unknown previous ownership claims increase the risk. The location is along a busy highway but near other residential buildings.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 10

    Jumeirah Village Triangle

    Con dential to VZ only


    fi
    Summary
    Plot / Land Size : 45302 Sqft / 4208 Sqm

    Location : District 2 next to E311 Highway

    Abandoned Building next door (see pics)

    Bank Repossessed Property due to …

    There is No Guarantee that previous owner did not


    Sell Offplan on this Plot and Never registered the
    Project with DLD as this is a High Risk Plot due to it
    being Repossessed….

    Plot / Land Value : AED 19,887


    6 months Land Sales JVT

    14 Feb 2023 : Plot 817 - 33,690 Sqft = AED 15,1M

    01 May 2023 : Plot 1599 - 25,863 Sqft = AED 11,6M

    10 Apr 2023 : Plot 1084 - 18,239 Sqft = AED 7,5 M

    Average of AED 439 per Sqft


    Plot location between second and third building on highway
    Location on the 6 Lane Extremely Busy Highway
    Abandoned Building next to Plot
    Abandoned Building front side
    Typical G+4 in JVT , opposite Plot
    Summary

    Any Property Development can be very Pro table on Condition


    Plot isPurchased at Market Price or Below

    Location is extremely important as a high end project in a Low


    Return Area will not have Investors or Buyers chasing to Buy .

    Popular Areas to Property Develop is where location is closer to


    Metros and Buses and Large Malls
    fi

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