27 · The Legends development desk

Know what the land can carry before discussing the price.

Turn plot area, confirmed FAR, efficiency, build cost and achievable sales assumptions into a transparent development feasibility and residual land test.

Published property reference

01Land & planning envelope

Plot area

sqft

Confirmed FAR

Land asking price

AED

Land acquisition costs

Saleable efficiency

02Development costs

Construction cost per GFA sqft

AED

Professional fees on construction

Construction contingency

Modeled finance cost

Construction-cost stress

03Revenue & decision target

Selling price per saleable sqft

AED

Sales and marketing costs

Target profit on cost

Sales-price stress

Development period

years

Development envelope

Gross floor area (GFA)62,500sqft

Modeled saleable area47,500sqft

Land price per plot sqftAED 1,400

Land price per GFA sqftAED 560

Evidence register

These notes remain on this device and are never added to the enquiry or shared link.

Source of assumptionsAssumptions as ofEvidence ownerRecheck trigger

Three-scenario feasibility

Downside

-AED 13,989,375

Gross development value: AED 76,950,000
Total development cost: AED 90,939,375
Profit on cost: -15.4%
Margin on revenue: -18.2%
Construction: AED 37,812,500
Finance cost: AED 6,451,250

Base

-AED 1,523,250

Gross development value: AED 85,500,000
Total development cost: AED 87,023,250
Profit on cost: -1.8%
Margin on revenue: -1.8%
Construction: AED 34,375,000
Finance cost: AED 6,129,500

Upside

AED 10,942,875

Gross development value: AED 94,050,000
Total development cost: AED 83,107,125
Profit on cost: 13.2%
Margin on revenue: 11.6%
Construction: AED 30,937,500
Finance cost: AED 5,807,750

Price and residual signals

Break-even selling priceAED 1,834sqft

Residual land value at target returnAED 20,956,86420% Profit on cost

Residual land value per plot sqftAED 838sqft

Simple annualized project return-0.6%A timing simplification—not IRR

The numerical case and evidence notes are saved separately on this device. No confidential deal document or identity is sent.

The Legends review

Move from preliminary feasibility to verified land due diligence.

Only the published reference and a short numerical summary carry into the enquiry. Evidence notes and the complete local model never leave this device automatically.

Build the land bid & payment terms

Request land review

Preliminary feasibility sensitivity only—not a valuation, planning confirmation, engineering study, quantity-surveyor estimate, financing offer, legal, tax or investment advice. FAR, permitted use, GFA/BUA treatment, exclusions, parking, efficiency, buildability, sales evidence, costs, phasing, finance and approvals must be verified with the relevant authority, master developer and qualified planning, engineering, QS, finance, legal and tax advisers. Simple annualized return is not IRR and ignores cash-draw timing.