DUBAI SOUTH PROPERTY PRICES SURGE 15% AFTER AIRPORT EXPANSION ANNOUNCEMENT
Dubai South Property Prices Surge 15% Following Major Airport Expansion Announcement
The announcement of Al Maktoum International Airport's expansion has sparked a real estate boom in Dubai South and surrounding areas, resulting in a 15% spike in property prices this year. Industry insiders predict strong demand for over 100,000 residential and commercial properties in the next decade, driven by an influx of businesses and residents. The $35 billion project, designed to handle 260 million passengers annually, is expected to significantly reshape Dubai’s real estate market as a major economic catalyst.
Master-planned communities like Emaar South, DAMAC’s new Riverside community, and Dubai South Properties’ Pulse Villas are among the prime projects already underway or announced.
◉ Emaar South, covering approximately 7 million square meters, features over 15,000 residences, retail spaces, office buildings, and recreational facilities. Emaar has also announced new developments such as The Heights, The Oasis and upcoming projects of Emaar south in anticipation of the massive demand surge.
◉ DAMAC’s Riverside community, influenced by European styles, is set to offer 1,900 townhouses.
◉ Dubai South Properties’ Pulse Villas, set for completion this year, will provide villas and townhouses in the off-plan complex.
◉ Upcoming projects in Expo City Dubai, such as “Expo Valley,” are being planned in anticipation of rising demand.
The commercial real estate sector in Dubai South is booming due to the airport expansion, fostering new business hubs and logistics centers. Businesses are drawn to the area’s excellent facilities and connectivity, driving construction of office buildings, warehouses, and retail spaces, alongside improvements in transportation infrastructure and community amenities to support the growing population.
◉ Emaar South, covering approximately 7 million square meters, features over 15,000 residences, retail spaces, office buildings, and recreational facilities. Emaar has also announced new developments such as The Heights, The Oasis and upcoming projects of Emaar south in anticipation of the massive demand surge.
◉ DAMAC’s Riverside community, influenced by European styles, is set to offer 1,900 townhouses.
◉ Dubai South Properties’ Pulse Villas, set for completion this year, will provide villas and townhouses in the off-plan complex.
◉ Upcoming projects in Expo City Dubai, such as “Expo Valley,” are being planned in anticipation of rising demand.
The commercial real estate sector in Dubai South is booming due to the airport expansion, fostering new business hubs and logistics centers. Businesses are drawn to the area’s excellent facilities and connectivity, driving construction of office buildings, warehouses, and retail spaces, alongside improvements in transportation infrastructure and community amenities to support the growing population.
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