Dubai South, the largest single-urban master development focusing on aviation, logistics, and real estate, concluded 2023 as its best performing year to date, according to the company’s announcement.
Throughout the year, Dubai South Properties (DSP) handed over phase 1 of its Pulse Villas project, which includes 268 units. The Pulse Villas development, launched in 2021, features 342 units of 2-, 3-, and 4-bedroom units across its phases, with phase 2 handover slated for the first quarter of 2024.
Real estate activity in Dubai South remained strong in 2023, marked by the successful launch and sale of the first three phases of its flagship South Bay project. This expansive project includes over 800 villas, townhouses, and more than 200 luxurious waterfront mansions. It also boasts a 1-kilometre lagoon and over 3 kilometres of waterfront promenade. Ginco General Contracting was awarded the construction work for the first two phases of the project.
In addition to real estate development, Dubai South focused on developing social infrastructure within the Residential District, which saw the opening of a 50,000-square-foot hypermarket and a large community park featuring kids’ play areas and activity zones. Construction also began for the first British curriculum school in the Dubai South area during 2023.
The company issued 428 new licenses to companies, retaining 95% of existing companies and bringing the total to 4,101 companies operating from Dubai South.
The Logistics District at Dubai South signed several significant agreements, including partnerships with dnata, Beijing New Aerotropolis Holdings China, and Sinotrans, to bolster its position as a key contributor to the UAE’s logistics sector.
Inaugurations during 2023 included the Audi Volkswagen MEA Distribution Centre, IDA Foundation’s healthcare hub, and a new fulfillment center by Amazon.
The Logistics District initiated a regional-first remote inspection project with Dubai Customs and announced the completion of its blockchain integration system in partnership with Dubai Customs, becoming the first free zone in Dubai to achieve this milestone.
Khalifa Al Zaffin, executive chairman of Dubai Aviation City Corporation and Dubai South, expressed optimism for the future, citing the sustainable growth of Dubai South and its various districts as a result of government initiatives and meticulous planning.
Dubai South is a key urban master development focusing on an aviation and logistics ecosystem, housing the world’s largest airport when fully operational, and is complemented by a multi-modal transport infrastructure connecting air, land, and sea. The development aims to create a vibrant living and working community by leveraging unique aviation, logistics, real-estate products and services, and world-class infrastructure solutions.
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