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Article no 2Dubai South: The South Bay project’s last phase sells out in 4 hours – Investor Bytes
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Article no 2Dubai South: The South Bay project’s last phase sells out in 4 hours

When South Bay is finished, it will include over 800 roomy villas and townhouses as well as over 200 opulent seaside homes.

admin by admin
June 15, 2024
in Real Estate
0
Article no 2Dubai South: The South Bay project’s last phase sells out in 4 hours
  • Four hours after its market debut, Dubai South Properties reported that the last phase of its South Bay development—which is situated in the center of Dubai South’s Residential District—had sold out quickly.
  • Strong demand and the tactical success of the company’s project releases are highlighted by the quick sale, which comes after all previously offered units were successfully sold out in earlier rounds.
  • 160 apartments, including three- and four-bedroom townhouses and four- and five-bedroom semi-detached villas, were part of the recently announced phase.
  • All of the stages’ construction contracts have been given, and on-site work is already in progress.

See also: Dhs1.5 billion contract awarded to Dubai South to build additional South Bay stages

  • When South Bay is finished, it will have more than 200 opulent waterfront mansions, over 800 roomy villas and townhouses, a kilometer-long lagoon, more than 3 kilometers of waterfront promenade with cafes, numerous beaches, a clubhouse, cutting-edge fitness centers, lush parks, a shopping center, a renowned spa, kids’ clubs, waterparks, swimming pools, a lake park, and private beaches, among other amenities.
  • “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,” said Nabil Al Kindi, CEO of Dubai South Properties, in response to the project’s positive market reception. The fact that every apartment has been sold out confirms Dubai South’s appeal to investors and purchasers as well as the prestigious status it has earned as a result of its advantageous location, amenities, and connections.
  • After Al Maktoum International Airport is finished, we support the government’s goal of drawing one million people to the region. Our distinctive projects offer premium townhouses, villas, and apartments that provide a high-end living environment, catering to the preferences of all clientele.

Dubai South: Community life is the main focus

  • To improve tenant comfort and convenience, Dubai South has been adding a variety of facilities to the Residential District. These consist of a 50,000-square-foot hypermarket, a mosque, retail stores, public parks, sports courts, gas stations, and a public bus line that links the neighborhood to the Expo Metro station.
  • In addition, subject to KHDA clearances, student registration for the 2024–2025 school year has commenced at GEMS Founders School in Dubai South.
  • At the moment, the Residential District is home to approximately 25,000 people who enjoy its unique way of life, an assortment of attractions, and many gated residential complexes with townhouses and flats.
  • When South Bay is finished, it will include over 800 roomy villas and townhouses as well as over 200 opulent seaside homes.
  • Four hours after its market debut, Dubai South Properties reported that the last phase of its South Bay development—which is situated in the center of Dubai South’s Residential District—had sold out quickly.
  • Strong demand and the tactical success of the company’s project releases are highlighted by the quick sale, which comes after all previously offered units were successfully sold out in earlier rounds.
  • 160 apartments, including three- and four-bedroom townhouses and four- and five-bedroom semi-detached villas, were part of the recently announced phase.
  • All of the stages’ construction contracts have been given, and on-site work is already in progress.

See also: Dhs1.5 billion contract awarded to Dubai South to build additional South Bay stages

  • When South Bay is finished, it will have more than 200 opulent waterfront mansions, over 800 roomy villas and townhouses, a kilometer-long lagoon, more than 3 kilometers of waterfront promenade with cafes, numerous beaches, a clubhouse, cutting-edge fitness centers, lush parks, a shopping center, a renowned spa, kids’ clubs, waterparks, swimming pools, a lake park, and private beaches, among other amenities.
  • “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,” said Nabil Al Kindi, CEO of Dubai South Properties, in response to the project’s positive market reception. The fact that every apartment has been sold out confirms Dubai South’s appeal to investors and purchasers as well as the prestigious status it has earned as a result of its advantageous location, amenities, and connections.
  • After Al Maktoum International Airport is finished, we support the government’s goal of drawing one million people to the region. Our distinctive projects offer premium townhouses, villas, and apartments that provide a high-end living environment, catering to the preferences of all clientele.

Dubai South: Community life is the main focus

  • To improve tenant comfort and convenience, Dubai South has been adding a variety of facilities to the Residential District. These consist of a 50,000-square-foot hypermarket, a mosque, retail stores, public parks, sports courts, gas stations, and a public bus line that links the neighborhood to the Expo Metro station.
  • In addition, subject to KHDA clearances, student registration for the 2024–2025 school year has commenced at GEMS Founders School in Dubai South.
  • At the moment, the Residential District is home to approximately 25,000 people who enjoy its unique way of life, an assortment of attractions, and many gated residential complexes with townhouses and flats.
Source: gulfbusiness
Tags: dubainewsrealestatenews

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