Pearl Jumeirah by Meraas Development is a project with a lot of unique selling points.
Announced in 2010, this is reclaimed land right off Jumeirah which also applies Jumeirah construction by-laws on the peninsula. Even though it is located right off Jumeirah, it has freehold title.
The peninsula offers 300 residential plots and the master-development also incorporates a 90,000 sq. ft. retail area, a mosque, educational facilities and large open spaces.
Many different factors affect prices, such as plot size, location of the plot (sea facing vs internal), original price etc.
The construction by laws are as follows:
- Ground plus one construction allowed
- 70% built up area allowed on the plot size
- No restriction on design or architecture
Project Completion Status (as per DLD): 0% (as of May 22, 2017)
Dubai Land Classification & Escrow Account Details:
Land Number: 421
Project Number: 339
Real Estate Developer: PEARL PROPERTIES
RERA Permit No : 15128
Brokerage Firm: Taktical Realty Group LLC