In all the news this year about Dubai real estate, the name Dubai South was heard loud and Clear. Dubai South had the most number of off-plan transactions in the third quarter of the year which is an indication of investors eyeing at a future location. For an avid investor it makes more sense to buy in a location that is at the verge of rapid development and Dubai South has all it takes to deliver what it has promised. Dubai South aims to provide a vibrant society within a sustainable and healthy environment. Leveraging the power of a strategic location that connects air and sea mega ports, Dubai South is creating an urban destination to empower businesses and individuals for growth and prosperity.
An aviation hub
The UAE’S geographical location makes it an ideal staging post for intercontinental flights and Dubai falls within an eight hour journey for two-thirds of the world’s population. This unique location along with a thriving tourism sector enabled the aviation industry to undergo rapid growth that flowed to other sectors as well. Dubai airport is already the world’s busiest by passenger traffic and handles more than 100 carriers, connecting travelers to more than 200 destinations. The number is huge and it’s growing with every new theme park opening and new mall opening doors to public. Dubai’s vision is to capitalize further on its geographical location and become the aviation capital of the world with an effective strategy that combines maritime, aviation and land transport.
What Dubai aims to achieve in the coming years will change the face of the global aviation and logistics industry and in the whole strategy Dubai South plays a key role.
An Integrated Community
Dubai South includes the Al Maktoum International Airport, residential and commercial districts and the EXPO 2020 site; the whole development is projected to sustain a population of one million in the coming years. The residential district has been master planned to offer world class community living within an urban environment. Dubai South fulfills the desirability of a new age community to work, play, learn and grow. Dubai South offers all necessary amenities covering all aspects of daily life, from retail centers to hospitals; residents will have everything within the development. Residents also enjoy seamlessly connectivity to key landmarks in the city through arterial roads and with the extension of the Dubai Metro line.
Dubai South nicknamed as the “new heart of Dubai” is where the major developers are deploying their concentration and are offering apartments and townhouses at competitive prices catering to high and mid-income segments, promising fruitful capital appreciation towards completion. Some of the major projects include The Pulse, Emaar South, The Villages, Celestia by Damac Properties, MAG 5 Boulevard and Urbana Townhomes.
Dubai South will continue to attract investors and end-users as the community gears up for the EXPO 2020. The number of projects is expected to increase significantly catering to high demand and Dubai South is likely to contribute majorly to off-plan sales in 2018.
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