Off-plan properties
Piece of land, 26059 ft²
in Greenwood
6 256 000 $
240 $/ft²
26059 ft²
/ floor
Dubai (United Arab Emirates), Al Warsan
Greenwood
Delivered
Developer: Damac
Description
-
Sale of land plot in Warsan Fourth — Greenwood by Nakheel with ready development potential.
For sale: land plot of 26,057 sq.ft (2,421 m²) in the promising area of Warsan Fourth, within the Greenwood project by developer Nakheel. The property represents a ready-to-develop site for a residential project with approved construction parameters G+P+6 and permitted GFA of 57,330 sq.ft, making it an attractive asset for developers and investors focused on medium- and high-margin projects.
This plot is oriented towards professional developers and investment funds interested in implementing a multi-residential complex in a dynamically developing area of Dubai. Warsan Fourth stands out with a balanced combination of affordability, transport connectivity and growing demand for modern housing. Proximity to key transport arteries and active development of social infrastructure ensure high capitalization potential and stable demand for completed properties. The Greenwood project by Nakheel guarantees quality surroundings and developer reputation, which increases the investment attractiveness of the plot.
Plot Parameters:
— Property type: land plot for development
— Plot area: 26,057 sq.ft (2,421 m²)
— Permitted GFA: 57,330 sq.ft
— Community: Greenwood
— Project developer: Nakheel
— Area: Warsan Fourth
— Condition: plot ready for construction commencement
Potential & Opportunities:
— Implementation of residential complex with high profitability potential
— Possibility of structuring joint venture with profit distribution
— Approved construction parameters minimize risks and reduce project launch timelines
— High demand for residential property in the area due to infrastructure development
— Potential for selling apartments of various formats (studios, 1-3 bedrooms)
— Opportunity to implement modern architectural and engineering solutions
Infrastructure & Surroundings:
— Developed social infrastructure of the area: schools, kindergartens, medical centers
— Proximity to shopping centers and everyday service facilities
— Green zones and recreational spaces within the Greenwood project
— Active construction of new commercial and residential properties
— Growing residential cluster with prospects for further development
Location & Benefits:
— Convenient access to main transport arteries of Dubai
— Proximity to key business districts and employment zones
— Developing area with high property value growth potential
— Reputation of developer Nakheel as guarantee of project quality and reliability
— Balanced ratio of plot price and profitability potential
Additional materials (photos, layouts, etc.) are provided upon request.
Frequently Asked Questions:
What is the optimal development concept for the plot considering the permitted G+P+6 parameters?
What are the implementation timelines for a development project on this plot?
— Considering the approved construction parameters and plot readiness, the period from design commencement to construction completion may be 24-30 months, allowing for rapid market entry for sales.
What are the liquidity prospects for completed properties in the Warsan Fourth area?
— The area demonstrates stable demand for residential property due to infrastructure development, affordability and active population influx, which ensures high liquidity of apartments during the sales phase and after project completion.
Is it possible to structure the deal with investor participation on joint venture terms?
— Yes, the owner is open to discussing various cooperation formats, including joint venture structures with flexible distribution of capital, profit and risks, making the project accessible to investors with different strategies.
What additional approvals will be required to commence construction?
— Main construction parameters are approved; detailed architectural design, construction license and standard permits from relevant authorities will be required, which with a professional approach takes 3-6 months.
Contact me to receive detailed information about the land plot in Warsan Fourth, Greenwood by Nakheel, discuss deal terms and arrange property viewing. Ready to provide full investment memorandum and work out individual cooperation terms.
Characteristics
Property type
Piece of land
Number of owners
1
Area
26059 ft²
Electricity
No
Sewerage
No
Water supply
No
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Property typePiece of landNumber of owners1Area26059 ft²ElectricityNoSewerageNoWater supplyNo
Purchase conditions
Installment
No
Encumbrance
No
Assignation
No
Proprietorship
Owner
Location
Developer
Nakheel
Address
Dubai (United Arab Emirates), Al Warsan
6 256 000 $
240 $/ft²
26059 ft²
Mahmoud Samir
Object broker
Contact
information
information
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