Dubai South Properties Sells Out Final Phase of South Bay in Four Hours

Real Estate

Dubai South Properties Sells Out Final Phase of South Bay in Four Hours

Dubai South Properties has achieved a remarkable milestone with the complete sell-out of the final phase of its South Bay development within just four hours of its market launch. This swift sell-out highlights the tremendous demand for properties in Dubai South and underscores the company's strategic approach to project launches.

South Bay, located in the heart of Dubai South’s Residential District, is a unique development comprising over 800 spacious villas and townhouses, alongside more than 200 luxurious waterfront mansions developed across six phases. The newly launched phase included 160 units, featuring three- and four-bedroom townhouses and four- and five-bedroom semi-detached villas.

Construction contracts for all phases have been awarded, and work is progressing on-site. Once complete, South Bay will boast a kilometer-long lagoon, over 3 kilometers of waterfront promenade with cafes, multiple beaches, a clubhouse, state-of-the-art fitness centers, lush parks, a shopping mall, a renowned spa, kids' clubs, waterparks, swimming pools, a lake park, and private beaches, among other amenities.

Nabil Al Kindi, CEO of Dubai South Properties, expressed his satisfaction with the project's reception: "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 continues to enhance the Residential District with amenities designed for 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, a GEMS Founders School at Dubai South is set to commence student enrollments for the academic year 2024-2025, pending KHDA approvals.

Currently, the Residential District is home to over 25,000 residents who enjoy its distinctive lifestyle, range of amenities, and several gated residential communities with apartments and townhouses.