Al Satwa is invariably one of the oldest residential areas in the UAE, since most people live in the city and are aware of it and will identify with it. Located on Sheikh Zayed Road behind the country’s main skyscrapers, Al Satwa Plot stands firm as a living ground for so many expatriates, locals, as well as commercial firms alike. The craftsmen behind this old city district, Meraas Holding, have recently come up with the innovative idea of restoring, renovating and redesigning Al Satwa and renovating it with all the updated and modern facilities the city has encountered in order to make this iconic, central and much loved district an exemplary city spot.
As the place is so close to the country’s busiest commercial and entertainment lane, i.e. Sheikh Zayed Lane, all the near-by areas can also serve as a meeting treat. This project would indeed be an avant-garde maneuver with everything from its exceptional architecture to the luxury facilities available around it to being a central convenient, lavish, glittering and beautiful Place. This plan will rebrand itself as a medium-density, mixed-use freehold plan offering the best collection of residential, industrial, leisure and retail spaces within it, after Al Satwa’s much needed and much-expected renovation.
In addition, Al Satwa will also include and integrate public parks, office spaces and civic services within this newly built and expanded neighborhood. As we are all well aware of, being a Meraas Holding project is a true reflection of the heart of the Arab culture, Meraas Holding has excelled and exceeded as perhaps the only quintessentially deep-rooted classic Arabic. Styled construction and maintenance sector of property within the area.
Al Satwa PlotFeatures
- Utilization: Residential/Commercial
- Allowed Height: G+8
- Possession: Freehold
- FAR: 3.5
- Early access is given after covering 65% of installment
- Resale is allowed after covering half of installment
- No time cutoff to develop
- No administration charges
- The improvement follows Dubai Creative Clusters Authority (DCCA) rules and guidelines as far as plan and development
- Dubai Land Department Registration expense is paid similarly by the Buyer and the Seller
- Installment plan of Two years:
|Al Satwa||Months from Effective Date|
|On or before Effective Date||4||8||12||16||18||21||24|
|Payment Plan %||20%||10%||10%||10%||15%||10%||15%||10%|
Al Satwa – Plot Lan by Meraas Holding for sale in Al Satwa Plot (Phase 4)
|Plot||Size from – to (Sqft.)||Price from – to (AED)|
|Sqft.||Ask for Price|