27.7 C
Dubai
Saturday, May 4, 2024
spot_img

Dubai South awards $272m waterfront development contract

[ad_1]

Dubai South Properties has awarded AED1 billion (US$272.2 million) major contracts to Ginco General Contracting for the initial phase of developing South Bay, a major development in the heart of residential Dubai South, next to Expo Road .

After the project is completed, there will be more than 800 spacious villas and townhouses, as well as more than 200 luxury seaside mansions, a 1-kilometer crystal lagoon, more than 3 kilometers of seaside promenade, as well as multiple beaches, clubhouses, and fitness centers and lush parks.

South Bay’s picturesque waterfront location offers a variety of spacious townhomes, villas and beachfront mansions.

The townhouses and semi-detached villas range in size from 2,900 square feet to 5,500 square feet and include three, four and five bedrooms with en suite bathrooms, the developer said.

On the other hand, luxury beachfront mansions will feature detached villas in five-, six-, and seven-bedroom units, with built-up areas ranging from approximately 9,000 to 14,000 square feet.

Dubai South Properties said the project is scheduled to be completed by the first quarter of 2026.

Ideally located in a residential area, South Bay offers residents first-class amenities including shopping centers, fitness centers, spas, kids clubs and water parks, as well as waterfront cafes, lake parks and private beaches.

Khalifa Al Zaffin, Executive Chairman of Dubai Aerocity Corporation and Dubai South, said: “We are delighted with the remarkable response the project has received since announcing the project last year, with the first two phases fully sold out. Fueled by , Dubai is experiencing unprecedented growth thanks to the vision of our wise leadership, which we align with wholeheartedly.”

“In Dubai South, our mission is to deliver quality developments that exceed our clients’ expectations. We strive to provide residents with modern amenities and an enriched lifestyle, creating an environment that promotes comfort, convenience and a sense of luxury,” he said.

“We are confident that the expertise of the appointed contractor will help us realize this project, which will be ideal for those looking for quality living with world-class facilities,” he added.-TradeArabia News Service

[ad_2]

Source link

Related Articles

Musk Fortune Soars by Most Since Before Twitter Purchase

Musk's Fortune Skyrockets: A Closer Look at His Remarkable Wealth Surge Since Before Twitter Purchase Elon Musk, the enigmatic billionaire entrepreneur and CEO of Tesla...

Spotify CEO Acknowledges Disruption Amid Layoffs, Vows to Strengthen Operations

Spotify CEO Acknowledges Job Cuts Disrupted 'Day-to-Day Operations In a recent development, music streaming giant Spotify announced layoffs, marking a significant shift in its organizational...

PMO in a Box TM – Navigating Modern Business Challenges with Jennifer McShane Bary

PMO in a Box TM – Navigating Modern Business Challenges with Jennifer McShane Bary In the cutthroat business world, especially when managing big projects, companies...

Abu Dhabi Islamic Bank Maintains Strong Financial Performance in Q1 2024

Abu Dhabi Islamic Bank Continues Strong Performance in Q1 2024 In the fast-paced realm of global finance, few institutions stand out as consistently as Abu...

Saleem Ilahi: The Visionary Entrepreneur Behind Alshah Enterprises and Baavan

Saleem Ilahi is a name synonymous with entrepreneurial success and innovation in the Indian food industry. As the founder of Alshah Enterprises, a leading...

Latest Articles