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A new real estate launch by Dubai South Properties sells out in just four hours

June 14, 2024
in Dubai, Reports and Updates, UAE
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A new real estate launch by Dubai South Properties sells out in just four hours
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Dubai South Properties has announced the successful sale of the final phase of South Bay, a one-of-a-kind development in the heart of Dubai South’s Residential District, just four hours after it went on sale.

The new launch follows the successful sale of all previously launched units across multiple phases, highlighting the high demand for properties in the area and the company’s strategic approach to project launch.

The new phase included 160 units divided into three and four-bedroom townhouses, as well as four and five-bedroom semi-detached villas.

Dubai South Properties sells out South Bay development phase

Construction contracts for all phases have been awarded, and work is underway on-site.

  • Once completed, South Bay will include:
  • Over 800 spacious villas and townhouses.
  • More than 200 luxury waterfront mansions.
  • A kilometer-long lagoon.
  • More than 3 kilometers of waterfront promenade with cafés
  • Multiple beaches
  • A clubhouse
  • State-of-the-art fitness centres
  • Lush parks
  • A shopping mall
  • A renowned spa
  • Kids’ clubs
  • Waterparks
  • Swimming pools
  • A lake park
  • Private beaches

Nabil Al Kindi, CEO of Dubai South Properties, said: “We are pleased with the huge interest the project has garnered since its launch, given its unique value proposition and the state-of the-art amenities that will enrich the lifestyles of future residents.

“The sell-out of all units reaffirms its attractiveness to investors and buyers and the prominent position Dubai South has attained due to its strategic location, offerings and connectivity.

“At Dubai South, we are aligned with the government’s vision of attracting one million inhabitants to the area, once Al Maktoum International Airport is complete, and our unique projects cater to all customer preferences, via premium units that include townhouses, villas and apartments, promising an upscale living experience.”

Dubai South has been improving the Residential District’s amenities for the comfort and convenience of its tenants.

These include public parks, sports courts, retail stores, a 50,000-square-foot hypermarket, a mosque, a gas station, and a public bus route that connects the district to the Expo Metro station.

Additionally, a GEMS Founders School in Dubai South has begun student enrollment for the academic year 2024-2025, subject to KHDA approvals.

The Residential District currently has over 25,000 residents who enjoy its unique lifestyle, a variety of amenities, and several gated residential communities featuring apartments and townhouses.

Tags: DubaiDubai South PropertiesNew Real Estate LaunchNew Real Estate Launch by Dubai South PropertiesNew Real Estate Launch in DubaiReal EstateUAE

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