Description
We are delighted to present the largest land plot located alongside the Dubai Water Canal in Business Bay.
Spanning 93,785 sq ft, the plot can be used for either residential or commercial use - an apartment tower, a hotel, an office tower, or a mixed-use building are among the options available to the property developer. The plot has an FAR of 4.0 and the gross floor area is 375,140 sq ft.
A maximum height of 15 meters is allowable for the main tower, plus a 1 m podium - this amounts to 19 floors, 4 floor of parking, plus the ground level. Parking allocations are variable based on the use of the building - for residential, one parking bay would be allocated for studio/one-bedroom units, with additional bays allocated for larger unit sizes. Hotels/hotel apartments/commercial spaces would have bays allocated according to the overall built-up area in use.
Because of the excellent positioning of this plot, a majority of the units will enjoy views that span the waterfront. The remaining units will have a city view towards thw Downtown district. There are are several amenities located quite close at hand for potential residents/commercial tenants to avail of, and transport throughout Business Bay is easy.
Please contact me for details and to view this plot.