Description
707 Real Estate presents a freehold joint venture plot in Dubai Silicon Oasis (DSO), a well-established tech and residential community with strong rental demand from tech and knowledge economy tenants. The plot is approved for a mid-rise residential apartment development with a competitive FAR.
Plot Highlights:
- Development Type: Residential Apartments
- Height Envelope: G + 8
- Plot Area: 30,999.24 sq.ft
- Approved GFA: 77,498.09 sq.ft
- Floor Area Ratio (FAR): 2.5
- Ownership: Freehold
Commercial & JV Terms:
- Landowner Net Demand: AED 40,000,000
- Upfront Payment: AED 3,000,000 (fully deductible)
- Escrow: AED 3,000,000
- Balance: AED 34,000,000 payable after 24 months
DSO offers a rare combination of freehold ownership, established infrastructure, and stable rental yields, backed by anchor tenants across the technology and education sectors. Ideal for developers seeking predictable cash flow and end-user affordability.
Contact 707 Real Estate for the full JV proposal, affection plan, and landowner introduction.