Nabil Al Kindi of Dubai South Properties on his support for the emirate’s grand vision

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What impact will the announcement of Al Maktoum International Airport have on the demand for properties in Dubai South?

In recent years up to 2023, Dubai South has experienced a significant increase in demand, as evidenced by an 11 percent increase in residential property transactions compared to the previous year. This increase underlines Dubai South’s growing role as a hub in Dubai’s real estate sector, reinforced by its distinctive features.

Real estate investments account for 70 percent of total investments in Dubai South. We pride ourselves on launching strategic and well-researched projects that cater to the needs and preferences of investors and end users.

Following the announcement of Al Maktoum International Airport’s passenger terminals in April, there is no doubt that the airport will become a major factor in Dubai’s economic development.

Its completion is expected to significantly increase employment in the Dubai South area and act as a catalyst for new properties, offices, retail, hospitals and other social infrastructure. It is worth noting that the Dubai 2024 Urban Master Plan, the government’s vision for a comprehensive plan for Dubai’s sustainable urban development, identifies the Dubai South area as one of the city’s key growth vectors.

How does Dubai South fit in with the government’s vision to attract a million residents to the Dubai South area?

Dubai South Properties, a subsidiary of Dubai South, presents a diverse range of properties including villas, townhouses, mansions and apartments. There is a high demand for properties in Dubai South, which is evident from the rapid sell-out of each new phase that comes on the market.

The company focuses on the preferences of its clients and caters closely to their individual needs. Dubai South offers good investment opportunities for various offers, especially since most of the units in our developments are much more spacious than what is available in the market.

At Dubai South, we understand the immense responsibility we have for the government’s goal of attracting a million residents to the area once the airport is complete. We are pleased with the huge demand for properties in Dubai South, which has recently seen a 20-30 percent price increase.

The start of construction of the new passenger terminals at Al Maktoum International Airport is expected to further boost demand for properties in Dubai South, particularly the real estate projects being launched by Dubai South Properties, which are likely to gain more attention due to their proximity to Al Maktoum International Airport. These include South Bay, The Pulse Beachfront and South Living, an exclusive luxury apartment project in The Residential District.

How many homes will be completed in the residential area soon?

By 2025, Dubai South Properties is on track to complete and deliver approximately 2,500 units, with other active developers expected to add approximately 5,500 units to the market.

What makes Dubai South residential area unique?

Dubai South’s Residential District is currently home to an estimated 25,000 residents, who benefit from its diverse offerings, modern amenities and vibrant lifestyle. With an annual growth rate of around 20 percent, the community continues to attract an increasing number of residents each year.

The residential district in Dubai South features ultra-modern amenities for the comfort and convenience of its tenants.

These include the GEMS Founders School, which has opened enrollment for the 2024-2025 school year, subject to KHDA approval; public parks; sports fields; shops; a 4,650 m² hypermarket; a mosque; a gas station; and a public bus line connecting the neighborhood to the Expo metro station.

Name some of the important milestones in South Dubai.

Over the years, we have successfully positioned Dubai South as an ideal investment destination and attracted a number of leading companies.

Our mission doesn’t stop there, though. 2023 was our best performing year yet, with many notable achievements across multiple divisions.

These achievements include welcoming 428 new companies, retaining 95 percent of companies, successfully selling projects and establishing leading partnerships.

There are currently 4,101 companies operating in Dubai South.