Dubai South Properties has announced the successful sell-out of the final phase of its South Bay development, located in the heart of Dubai South’s Residential District. Remarkably, all units were sold within four hours of the market launch, underscoring the significant demand for properties in this strategic area.
The final phase of South Bay includes 160 units comprising three- and four-bedroom townhouses, as well as four- and five-bedroom semi-detached villas. This rapid sell-out is consistent with previous phases, which also saw high demand and quick sales. The ongoing construction, with contracts for all phases awarded and work progressing on site, is set to deliver a unique living experience.
Once completed, South Bay will feature an array of high-end amenities, including over 800 spacious villas and townhouses, more than 200 luxurious waterfront mansions, a kilometre-long lagoon, and over 3 kilometres of waterfront promenade lined with cafés. The development will also boast 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.
Nabil Al Kindi, CEO of Dubai South Properties, expressed his satisfaction with the project’s reception, noting its unique value proposition and state-of-the-art amenities as key factors driving its success.
"The sell-out of all units reaffirms the project's attractiveness to investors and buyers and highlights the prominent position Dubai South has achieved due to its strategic location, offerings, and connectivity," he said.
Dubai South’s alignment with the government’s vision to attract one million inhabitants to the area is evident in its comprehensive planning and execution. Al Kindi emphasized that Dubai South’s projects cater to diverse customer preferences, offering premium units that promise an upscale living experience.
The Residential District in Dubai South is already home to over 25,000 residents who benefit from a distinctive lifestyle and a wide range of amenities. The area features 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.
The successful sell-out of the final phase of South Bay is a testament to Dubai South’s strategic approach in launching its projects and the growing demand for properties in the region. This milestone further solidifies Dubai South’s reputation as a prime residential destination, poised for significant growth with the anticipated completion of Al Maktoum International Airport.