Dubai South Properties has announced that the final phase of South Bay, a unique development in Dubai South’s Residential District, sold out within four hours of its market launch. This success follows the rapid sell-out of all previously launched units in earlier phases, highlighting both the high demand for properties in the area and the company's strategic project launch approach.
The newly launched phase features 160 units, including three and four-bedroom townhouses and four and five-bedroom semi-detached villas. Construction contracts for all phases have been awarded, and work is currently underway on the site.
Upon completion, South Bay will boast over 800 spacious villas and townhouses, more than 200 luxurious waterfront mansions, a kilometre-long lagoon, a waterfront promenade stretching over 3 kilometres lined with cafes, 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, and private beaches, among other top-tier amenities.
Nabil Al Kindi, CEO of Dubai South Properties, expressed satisfaction with the project's overwhelming interest since its launch, attributing it to its unique value proposition and world-class amenities. He emphasised that the sell-out of all units proves the project's appeal to both investors and buyers, as well as Dubai South’s prime location and connectivity. Al Kindi highlighted the alignment with the government’s vision of attracting one million inhabitants to the area once Al Maktoum International Airport is completed. He assured that their premium projects, including townhouses, villas, and apartments, cater to diverse customer preferences, promising an upscale living experience.
Dubai South has been enhancing the residential district with various amenities to ensure tenant comfort and convenience. These include public parks, sports courts, retail shops, a 50,000-square-foot hypermarket, a mosque, a petrol station, and a public bus route connecting the district to the Expo Metro station. Additionally, the GEMS Founders School at Dubai South has begun student enrollments for the 2024–2025 academic year, pending KHDA approvals. Currently, the Residential District is home to over 25,000 residents who benefit from its unique lifestyle, wide range of amenities, and several gated residential communities featuring apartments and townhouses.
Original article reference: Zawya.
