AED66 per sq ft on Built up - Sea Front Plot

Land for Sale in Marjan Island Plot, Al Marjan Island, Ras Al Khaimah

Reference No : HU-S-10901 | 240000 sqft
AED 16,500,000
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Hunt & Harris Real Estate Dubai has not provided a location for this property
Amenities
Land Description
The Property

Residential land for sale with a license for a 5 Star Hotel or mixed use development.
Financing Available on Construction costs, with only 10% down and financing payable on completion of project.
Beach front Mixed use plot for sale for use of Resort/Hotel on Al Marjan Island, Ras Al Khaimah, with views over the turquoise waters of the Arabian Sea.
Emaar has commenced construction of the first beachfront "The Address Hotel"
Built up area is 240,000 square feet.
G Plus 7
Total plot area is 80,000. Sq Ft.
Infrastructure is in place.
Sale price is well below market price and is negotiable!
Viewing by appointment.
Contact us now to view this plot.

The Location

Situated on Marjan Island Boulevard making this a very good location.
Al Marjan Island is a freehold area.
GEMS Westminster School, International School of Choueifat, Ras Al Khaimah Academy and Ras Al Khaimah American School are the nearby schools.
RAK Hospital and Sheikh Khalifa Specialist Hospital are the hospitals within the area.
Nearest shopping mall is Al Hamra Mall.
Monthly Costs

Calculations based on average cost per square feet for Apartments. This includes the monthly municipal tax. Use the editable fields to modify calculations appropriately.

AED
Monthly Total
Mortgage
Purchase Price
AED 16500000
Deposit (%)
Repayment Term (years)
Profit (% p.a.)
Energy
Municipal Fees
AED 4,125
Avg Electricity Cost
Avg Gas Cost
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Water

Avg Water Cost

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Buy this property from only
AED 76,301 / month
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Marketed By
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Name:
Karen Lorraine
License:
Not Specified
Agency:

Hunt & Harris Real Estate Dubai

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Purchase Price
Down Payment (AED)
AED 16,500,000
*These figures are indicative & subject to change on final approval
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