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General Summary
Plot 9A
Area: 16,912 ft2 (1,571.18 m2)
FAR: 50%
Floors: G + M + 4T
Built up Area: 52,665 ft2 (4,892.74 m2)
Components: 12 Offices (Mezzanine Level)
48 One (1) Bedroom Apartment
Development Cost: AED 14,339,642/-
KD 1,112,058/-
Plot 50
Area: 14,531 ft2 (1,349.97 m2)
FAR: 50%
Floors: G + M + 4T
Built up Area: 46,517 ft2 (4,321.57 m2)
Components: 400 m2 Shops (Commercial @ Ground Floor)
12 Offices (Mezzanine Level)
48 One (1) Bedroom Apartment
Development Cost: AED 12,687,569/-
KD 984,555/-
Plot 51
Area: 18,276 ft2 (1,697.90 m2)
FAR: 50%
Floors: G + M + 4T
Built up Area: 50,362 ft2 (4,678.78 m2)
Components: 500 m2 Shops (Commercial @ Ground Floor)
12 Offices (Mezzanine Level)
24 One (1) Bedroom Apartment
48 Studio Apartment
Development Cost: AED 13,738,478/-
KD 1,066,106/-
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RAK Properties (Bldg. 9A; 50 & 51)
Plot 9A Note:
A construction contract with M/s Al Awael Co. was signed on 17.09.2008 but has not been activated to date with total value of AED 12,026,000/- (approximate AED 2,450/- per m2). A revised construction rate of AED 2,500/- per m2 has been used for the preparation of this report.
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