Dubai South Properties achieved a remarkable feat in Dubai's real estate market by selling out the final phase of its sought-after South Bay development in a mere four hours. This rapid sell-out signifies the surging demand for properties within the Dubai South area.
The final phase of South Bay offered a variety of housing options, including 160 units that comprised three and four-bedroom townhouses and four and five-bedroom semi-detached villas. This latest sell-out follows the swift sales of all units in previous phases, solidifying the project's success and underlining the strategic approach of Dubai South Properties' launch strategy.
This achievement comes as no surprise considering the unique value proposition that South Bay offers. The development is situated in the heart of Dubai South's Residential District, placing residents in close proximity to various business and leisure attractions. The future community will boast a collection of over 800 spacious villas and townhouses, alongside more than 200 waterfront mansions, creating an idyllic environment.
Upon completion, the project will feature a plethora of high-end amenities catering to a luxurious lifestyle. Residents can look forward to enjoying a kilometer-long lagoon, a picturesque promenade lined with cafes, multiple beaches, a state-of-the-art clubhouse, and expansive green spaces. A shopping mall, renowned spa, kids' clubs, waterparks, and swimming pools are also part of the grand plan, ensuring residents have everything they need right at their doorstep.
Nabil Al Kindi, the CEO of Dubai South Properties, expressed his delight at the overwhelming response to the South Bay project. He attributes the project's success to its exceptional value proposition and the state-of-the-art amenities that will elevate the residents' way of living. "The sell-out of all units reaffirms the project's attractiveness to investors and buyers and highlights the prominent position Dubai South has attained due to its strategic location, offerings, and connectivity, " said Al Kindi.
This accomplishment aligns perfectly with the Dubai government's vision to transform Dubai South into a thriving residential community with a population of one million inhabitants, spurred by the development of the Al Maktoum International Airport. Dubai South Properties is confident that its diverse range of projects, including premium townhouses, villas, and apartments, will cater to a wide range of residents seeking an upscale living experience.