Dubai South: Final phase of South Bay project sells out in 4 hours

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Upon completion, South Bay will feature over 800 spacious villas and townhouses and more than 200 luxurious waterfront mansions

Dubai South Properties announced the swift sell-out of the final phase of its South Bay development, located in the heart of Dubai South’s Residential District, just four hours after its market launch.

The rapid sale follows the successful sell-out of all previously launched units in earlier phases, highlighting strong demand and the strategic success of the company’s project launches.The newly launched phase included 160 units consisting of three- and four-bedroom townhouses, as well as four- and five bedroom semi-detached villas.

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

Upon completion, South Bay will boast over 800 spacious villas and townhouses, more than 200 luxurious waterfront mansions, a kilometre-long lagoon, over 3 kilometres of waterfront promenade 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 amenities.

Nabil Al Kindi, CEO of Dubai South Properties, expressed satisfaction with the project’s market 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.

“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: Focused on community living

Dubai South has been enhancing the Residential District with various amenities 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, GEMS Founders School at Dubai South has begun student enrollments for the 2024-2025 academic year, subject to KHDA approvals.

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

SOURCE

GULF BUSINESS

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