Description
<strong>Prime Development Plot – Peninsula, Al Marjan Island, Ras Al Khaimah</strong> <strong>Location:</strong> Peninsula, Al Marjan Island <strong>Plot Size:</strong> 13,378.12 sq. m (144,000.75 sq. ft) <strong>Total Allowable Built-Up Area:</strong> 8,026.87 sq. m (60% of plot) <strong>Maximum GFA (Gross Floor Area):</strong> 26,756.25 sq. m (288,001.50 sq. ft) <strong>Permitted Height:</strong> Up to Ground + 12 Floors (G+12) <strong>Asking Price:</strong> AED 288,000,000 <strong>Ownership:</strong> Freehold (Available for all nationalities) <strong>Key Features:</strong> <ul><li>Prime waterfront location on the main peninsula of Al Marjan Island</li><li>Ideal for luxury residential, serviced apartments, or hotel development</li><li>Generous GFA allowance of up to 288,000+ sq. ft</li><li>Excellent exposure and accessibility from island main roads</li><li>Surrounded by major upcoming developments, including the Wynn Resort</li></ul><strong>Zoning & Development Notes:</strong> <ul><li>Zoning allows for Ground + 10 Floors</li><li>Plot area utilization: 60%</li><li>Master-planned infrastructure already in place</li><li>Strong demand for premium hospitality and residential projects in this zone</li></ul><strong>Contact for More Information:</strong> <strong>Seagate Properties</strong> Mobile: [redacted phone number] Email: [redacted email address]
