Dubai South, previously named Dubai Word Central, is a trade free zone currently under remodeling construction planning to become a self-contained economic zone to support all kinds of commercial activities as well as planting residential communities. Al Maktoum International Airport, the main part of Dubai South, is an airport that will eventually become the world’s largest airport with a capacity of 160 million passengers and 12 million ton of cargo. Upon the completion of Dubai South, the area will have a variety of residential, commercial, aviation and logistics properties. Dubai South is the brainchild of His Highness Sheikh Mohammed bin Rashid Al Maktoum.
Dubai South is set to host highly anticipated World Expo and it hosts Dubai Airshow events at the Al Maktoum Airport. The community is well designed and well equipped with modernity in every amenity. Commercial space and residential area is built in integration that allows residences could deploy balanced lifestyle. There are eight districts within this community, Business Park, Aviation District, Exhibition District, Golf District, Commercial District, Logistic District, Humanitarian District and Residential District. Also several different developers are building residential projects as the area is split into diverse districts. Government of Dubai is constructing Exhibition site and Emaar is building Emaar South residences while the apartments on Mag 5 Boulevard are being developed by Mag Property.
Dubai South features The Business Park Free Zone offering flexible and tax free operations for SMEs and larger corporations in many fields.
Residentials
Residential District situated next to the World Expo site consisting of two main areas. The Villages is one community that is composed of apartments, townhouses, villas and other residential amenities. Another one is The Pulse that is a self-contained community with residentials boulevard with a shopping mall. The Dubai South project is aimed to make a luxurious living with affordability in an economy of scale deliberately includes capacity of 1 million people.
In respect to World Expo, there are quite a number of project lined up for commercials and residences both sales and rental purposes. For commercial purposes, the area involves 795 hectares stretched land which split into eight zones dedicated to various commercial activities. The area attracts loads of investment due to countless benefits enterprises would get including import and export taxes exemptions the trade free zone. Thereby many MNCs already set up their headquarters within the free zone, to be precise, between Jebel Ali Port and Al Maktoum International Airport in account of ideal location to expand business. For startups, Business Park offers flexible conditions of the office setups.
Formerly off-line apartment projects have gradually completed one after another range from studio to 4 bedroom units, prices ranging from AED 330k for a studio to AED 1.5M for 4 bedrooms. Those looking to purchase a 1-bedroom apartment in Dubai South can expect to pay an average of AED 588k. For bigger options, one can go for a 2-bedroom flat. The price of 2-bedroom apartments for sale lies between AED 720k to AED 1.3M. Offering a minimum living space of 1,400 sq. ft. the 3-bedroom units are popular among families and their sale price starts from AED 1M and goes up to AED 1.7M.
For villas, Dubai South has more versatile options of new villas, where the prices of 3 bedroom villa fluctuates between AED 948k to AED 2.3M where 4 bedroom is somewhere around AED 1.2M to AED 3.3M for sale. The brand new villas are built in modern standard adhered to perfect combination of outdoor and indoor activities. Modern amenities include a storage room, laundry space, private landscaped garden and a maid’s room with distinct entrance. The houses are like any other luxurious villas in Dubai, facilitated with CCTV, intercom, maintenance staff, medium swimming pool, and a 2 cars garage.
Commercial properties are also highly anticipated while offering many benefits and conveniences to the businesses. Smaller businesses could expect to spend around AED 32k per year for occupying an office that covers 290 sq ft space while larger and full-fledged offices catered to MNCs could cost AED 600k a year.
For rental of apartments, one should expect to pay AED 27k for a studio and AED 30k for a 1 bedroom flat respectively. The most popular development is MAG 5 Boulevard, a massive mid-rise residentials project offering 1-3 bedroom options, and its followed by Emaar South being next most popular project featuring mix of villas and apartments and a championship golf course.
Transportation
As mentioned before every villas have two vehicles parking spaces and the area of villas itself has a plenty of street parking. By driving, one can access to Dubai South via Sheikh Mohammed Bin Zayed Road or Emirates Road or Sheikh Zayed Road. Currently a bus route F55 serves the area and planning on constructing more public conveyance routes. The community has its own metro station dotted on the Red line, Dubai South, which is an extension of Dubai Metro especially for World Expo.
Amenities
Dubai South has a lot of upcoming projects of amenities including Hypermarkets giants and small grocery stores in each and every corners, though, it has already operational few convenience stores. For schools, as per 2021, there are several schools in the vicinity near Dubai Investment Park, such as Dove Green Private School, Greenfield Community School and Bright Riders ( Indian Curriculum). Besides, there will be many more nurseries and schools upon completion of the whole project.
Nearest shopping malls are Ibn Battuta Mall which is 25 minutes away and Dubai Marina Mall which can be reached within a 40 minute drive too. Riverland Dubai which is part of Dubai Parks and Resorts has a wide range of restaurants which are 20 minutes away. Popular casual dining restaurants in Riverland Dubai include Super Chix, Olive Garden, TGI Fridays and The Coffee Club.
Leisure Activities
Dubai South is fairly close to Dubai Parks and Resorts, which is a collection of different theme parks. Four theme parks have already been gradually launched first phases and still under construction. Dubai South is expected to host many international events as a part of World Expo.
Considerations
Dubai South is self-sustaining area featuring brand new facilities of all kinds of basic and luxury. Currently, on the last phases of constructions handing over for the long awaited World Expo. There are many projects are planned along the way including service facilities and public transportations, yet, not completed at the moment.
Also Read: Four reasons to invest in real estate today
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