JV Development Plot in Dubai South | 65,947 sq.ft GFA | Residential Apartments G+6

707 Real Estate presents a freehold joint venture plot in Dubai South, one of the fastest-growing master-planned communities in the emirate, home to Al Maktoum International Airport and Expo City Dubai. The plot is approved for a residential apartment development with strong sellable GFA upside. Plot Highlights: - Development Type: Residential Apartments - Height Envelope: G + 6 - Plot Area: 26,921 sq.ft - Approved GFA: 65,947 sq.ft - Floor Area Ratio (FAR): 2.45 - Sellable GFA: 69,825 sq.ft - Ownership: Freehold SPV & JV Terms: - Developer acquires 65% of the SPV - Upfront Payment: AED 4,000,000 (non-deductible exit payment) - Escrow Reimbursement: AED 5,400,000 (separate) - Additional Inventory: 14,400 sq.ft available at AED 1,100 per sq.ft Dubai South offers strong long-term fundamentals driven by the Al Maktoum International expansion, the Expo legacy, and the broader Dubai 2040 masterplan. Ideal for developers targeting end-user affordability and rental yield. Contact 707 Real Estate for the full JV proposal, affection plan, and landowner introduction.