G+11 Residential Plot in Dubai Production City (IMPZ), 98,311 sq ft GFA

Property Overview

This residential development plot in Dubai Production City (formerly IMPZ) is offered at AED 8,145,810. The plot measures 28,089 sq ft with a permitted gross floor area (GFA) of 98,311 sq ft and a stated G+11 height. That works out to AED 290 per sq ft of plot area, matching the agent's figure, or about AED 83 per sq ft of GFA. The agent presents it as a distress sale.

Property Highlights

• Property type: residential plot
• Location: Dubai Production City (IMPZ)
• Plot area: 28,089 sq ft
• Permitted GFA (agent-stated): 98,311 sq ft
• Permitted height (agent-stated): G+11
• Implied floor area ratio: about 3.5
• Asking price: AED 8,145,810
• Price per sq ft of plot: AED 290
• Price per sq ft of GFA: approx. AED 83

Price Basis and Deal Classification

The agent describes this as a distress sale but did not supply an original purchase price, valuation, DLD transaction or market comparison. DPF has therefore not calculated a discount, and this page does not claim the plot is priced below its original cost or below market value.

The agent's AED 290 per sq ft is calculated on the plot area: AED 8,145,810 divided by 28,089 sq ft. Development land in Dubai is often compared on a per-sq-ft-of-GFA basis, which here is about AED 83. Buyers comparing this plot with others should make sure they use the same basis.

About Dubai Production City

Dubai Production City, originally launched as the International Media Production Zone (IMPZ), is a mixed-use district in Dubai focused on media, printing and production businesses, with a large and growing residential component of mid- and high-rise apartment buildings.

Development Parameters

According to the agent, the plot is zoned residential with a permitted GFA of 98,311 sq ft and a G+11 height, implying a floor area ratio of about 3.5. The permitted use, setbacks, parking requirements, and any master-developer approvals or fees were not supplied. Buyers should obtain the affection plan and planning permissions from the master developer before relying on these figures for a feasibility study.

Investment Considerations

A development plot is a long-term proposition that requires design, approvals, financing and construction before generating income. Buyers should confirm the title, the plot's planning status, any outstanding service charges or master-developer fees, any construction deadlines attached to the plot, and the total transfer costs, including the DLD fee.

Location and Connectivity

Dubai Production City sits beside Sheikh Mohammed Bin Zayed Road, near Dubai Sports City, Motor City and Arjan, with access towards Al Barsha South and Jumeirah Village. Travel times depend on route and traffic, so buyers should check access to their own key destinations.

Verification Notes

• Agent-supplied facts: residential plot, location, plot area, GFA, G+11, AED 290 per sq ft, asking price and distress basis.
• DPF-calculated figures: price per sq ft of plot and of GFA, and the implied floor area ratio.
• External research: general facts about Dubai Production City.
• Not supplied: original price or other benchmark, plot number, affection plan, permitted use details and any master-developer fees. These must be verified before purchase.