Dubai South is expecting an increase in growth and job opportunities as the new and additional construction of airport city, a passenger terminal at Dubai World Central (DWC) brings much speculation to developers in the next two to three years. Presently hosting 25,000 residents, this master planned residential community is expected to host over one million residents when the new airport terminal becomes operational. This is an insane residential density considering that it was conceived only for passenger terminus as full operation of the new airport terminal.
It includes a plan to completely overhaul the current Dubai airport within a decade. Thus, the airport city will work as an extension of the international airport operating in Dubai at the moment and will be significant in boosting the developments made by Dubai concerning the aviation sector as a whole. The Dh128 billion terminal is part of Dubai’s great vision to making an urban center into such an aerotropolis; thus, an airport city developed to emerge with the future air travel and logistics needs of the area.
Nabil Al Kindi, CEO of Dubai South Properties, mentioned an increase in property demand in the area, especially with the announcement of the new passenger terminal. Further, he said demand for housing and infrastructure in Dubai South would rise along with job announcements, underscoring the continuous increase of demand for property in the area. “We believe that future momentum will continue, with early investors benefitting greatly from increased development in the area,” he said.
Covering a total area of 145 square km, this area has the largest master development area in the emirate. It specializes in aviation, logistics, and mixed-use residential communities, with an estimated creation of up to 500,000 jobs. Multi-modal transport infrastructures will link air, land, and sea for travel throughout the area.
After its completion, the new airport terminal is expected to stimulate remarkable growth, thus rendering Dubai South a key growth engine for the economy. Al Kindi believes the completion of the airport will lead to more developments in new properties, offices, retail spaces, hospitals, and other social infrastructures, thus upgrading the area further.
It comprises an array of options for living-from villas to townhouses, mansions, and apartments. Dubai South has already rolled out successfully projects like The Pulse Apartments, The Pulse Villas, and South Bay, all of which recorded significant interest. Harrison-Kyck and plan to deliver another 500 units by mid-2025: The company has finished Phase 1 of The Pulse Beachfront, with 288 units. Other projects such as South Living are sold out, and construction is underway.
Dubai South manages to stay as the nirvana of development to invest and live in, as it works is paving the future of growth in the emirate.
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