Development Plot for Sale in Dubai Land Residence Complex – G+23, 508,000 Sqft GFA

A Premium Plot in Dubai Land Residence Complex

This 63,500 sqft development plot in Dubai Land Residence Complex (DLRC) offers 508,000 sqft of gross floor area and a permitted height of G+23. At AED 122M the price works out to about AED 240 per sqft of GFA, which the seller positions as the lowest price per sqft of GFA in DLRC.

Plot Snapshot

Investment Analysis

A GFA of 508,000 sqft is large enough for a phased or multi-building scheme. The land cost per buildable sqft is the figure to compare against other plots when you test the feasibility of a residential or mixed-use project. The price comparison to other DLRC plots is the seller's own claim; ask us for the latest comparable plots before you decide. Construction cost, finance, sales costs and authority fees are additional.

First-Year Costs to Plan For

• AED 122M purchase price
• 4% Dubai Land Department transfer fee of about AED 4.88M, plus registration and admin fees
• Design, consultant and authority fees to launch the project
• Escrow and off-plan registration requirements before sales begin

Who This Suits

Developers and funds that want a large buildable area in one plot, and investors looking at the land-bank value of the lowest quoted rate per GFA sqft in the community.

Next Steps

Contact FindCommercial for the plot details and the viewing process. Title and tenure documents and the permitted-use confirmation are verified before any commitment.

Images are illustrative and for conceptual purposes only.