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How to Make Money from Dubai’s Property Boom in 2024: A Guide for Smart Investors (part 4 of 7)

How to Make Money from Dubai’s Property Boom in 2024: A Guide for Smart Investors (part 4 of 7)

Want to buy real estate in Dubai? Write a request in WhatsApp and Real Estate Group will find the best options for you. Everyone buys with us!

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Read Part 3 for the beginning

4. Dubai South.

Dubai South is a new and ambitious development in Dubai, spanning over 145 sq km. It is envisioned to be a self-sustained city, with residential, commercial, industrial, and leisure zones. It is also the site of the Al Maktoum International Airport, which is expected to become the world’s largest airport, and the Expo 2020, which is expected to attract millions of visitors. 

How to Make Money from Dubai’s Property Boom in 2024

The average price per square foot for apartments in Dubai South was not available from the sources I used, but according to one report, the prices in this area increased by 15% in the first half of 2022, compared to the same period in 2021. An example of a residential complex in this area is The Pulse, which is a mixed-use development offering studio, 1 and 2-bedroom apartments, as well as townhouses and villas, with amenities such as a mall, a park, a school and a hospital. A 1-bedroom apartment in The Pulse with a size of 650 sq. ft. was listed for sale at AED 450,000 ($168,540) in November 2022.

The average price per square foot for apartments in Dubai South was not available from the sources I used, but according to one report, the prices in this area increased by 15% in the first half of 2022, compared to the same period in 2021. An example of a residential complex in this area is The Pulse, which is a mixed-use development offering studio, 1 and 2-bedroom apartments, as well as townhouses and villas, with amenities such as a mall, a park, a school and a hospital. A 1-bedroom apartment in The Pulse with a size of 650 sq. ft. was listed for sale at AED 450,000 ($168,540) in November 2022.

Attractions.

Dubai South is home to some of the most exciting attractions in the region, such as:

  • Expo 2020 Dubai: The world’s largest expo, which showcases the achievements and innovations of more than 190 countries, as well as cultural events, entertainment, and cuisine. Expo 2020 Dubai runs from October 2021 to March 2022, and is expected to attract 25 million visitors.
  • Dubai Parks and Resorts: The largest integrated theme park destination in the Middle East, which features four parks: Motiongate Dubai, Bollywood Parks Dubai, Legoland Dubai, and Legoland Water Park. Dubai Parks and Resorts also has a hotel, a retail and dining district, and a theatre.
  • Al Marmoom Desert Conservation Reserve: The largest unfenced nature reserve in the UAE, which covers 10% of Dubai’s land area and hosts more than 200 species of wildlife, including the Arabian oryx and gazelle. The reserve also offers various activities such as cycling, camping, hiking, and wildlife watching.
  • Love Lake Dubai: A man-made lake in the shape of two interlocking hearts, surrounded by trees, flowers, and sculptures. The lake is a popular spot for picnics, kayaking, and romantic photos.

Real Estate.

Dubai South offers a range of real estate options for investors, tenants, and homeowners, including:

  • The Residential District: A mixed-use development that features apartments, townhouses, villas, hotels, retail, and leisure facilities. The Residential District is home to The Pulse, Dubai South’s flagship project, which comprises 1,400 residential units, a shopping mall, and a boulevard.
  • The Villages: A community of low-rise buildings that cater to the needs of young professionals and families. The Villages offer studios, one-, and two-bedroom apartments, as well as amenities such as pools, gyms, and playgrounds.
  • Emaar South: A joint venture between Emaar Properties and Dubai South, Emaar South is a golf community that spans 7 square kilometers and features more than 15,000 homes, including apartments, townhouses, and villas. Emaar South also has a golf course, a school, a hotel, and a retail center.

Stores.

Dubai South has a variety of stores to meet the shopping needs of its residents and visitors, such as:

  • Festival Plaza: A shopping mall that spans 64,800 square meters and hosts more than 120 shops, including IKEA, ACE Hardware, Lulu Hypermarket, and Marks & Spencer. Festival Plaza also has a food court, a cinema, and a family entertainment center.
  • Ibn Battuta Mall: A themed mall that celebrates the travels of the famous explorer Ibn Battuta, and features six courts inspired by the regions he visited: China, India, Persia, Egypt, Tunisia, and Andalusia. Ibn Battuta Mall has more than 400 shops, 50 restaurants, and a cinema.
  • Noon.com: An online marketplace that offers a wide range of products, from electronics and fashion to groceries and beauty. Noon.com delivers to Dubai South and other locations in the UAE, and also has a physical store in The Dubai Mall.

Restaurants.

Dubai South has a diverse and delicious culinary scene, offering cuisines from around the world. Some of the restaurants in Dubai South are:

  • The Daily: A casual and cozy restaurant located at the Rove Hotel, offering international dishes, such as burgers, pizzas, salads, and desserts. The Daily also has a buffet breakfast, a happy hour, and a brunch.
  • The Hangar: A trendy and industrial-themed restaurant located at the Aloft Hotel, offering American and Mexican dishes, such as wings, nachos, tacos, and ribs. The Hangar also has a bar, a pool table, and live music.
  • The Canteen: A modern and elegant restaurant located at the Millennium Place Hotel, offering Mediterranean and Asian dishes, such as pasta, sushi, curries, and kebabs. The Canteen also has a terrace, a shisha lounge, and a bakery.
  • The Market: A vibrant and colorful restaurant located at the Hilton Garden Inn Hotel, offering a variety of cuisines, such as Indian, Arabic, Italian, and Chinese. The Market also has a salad bar, a pizza station, and a dessert corner.
  • The Brasserie: A chic and sophisticated restaurant located at the Crowne Plaza Hotel, offering French and international dishes, such as steak, salmon, risotto, and cheesecake. The Brasserie also has a wine cellar, a cocktail bar, and a private dining room.

Infrastructure.

Dubai South has a well-developed and efficient infrastructure, with a range of facilities and services, such as:

  • Al Maktoum International Airport: The largest airport in the world by size, and the second largest by passenger capacity, which aims to handle 220 million passengers and 16 million tons of cargo per year by 2050. Al Maktoum International Airport also hosts the Dubai Airshow, the largest aerospace event in the Middle East.
  • Dubai Metro Route 2020: A new extension of the Dubai Metro Red Line, which connects Dubai Marina with Expo 2020 Dubai and Al Maktoum International Airport, with seven stations along the way. Dubai Metro Route 2020 is expected to be operational by 2023.
  • Dubai South Logistics District: A 21 square kilometer area that offers integrated solutions for logistics, warehousing, distribution, and e-commerce. Dubai South Logistics District also has a free zone, a business park, and a customs center.
  • Dubai South Business Park: A 6.7 square kilometer area that offers premium office spaces, retail outlets, and hospitality facilities. Dubai South Business Park also has a free zone, a conference center, and a golf course.

Hospitals.

Dubai South has several hospitals and clinics nearby, that provide quality healthcare services to its residents and visitors. Some of the hospitals and clinics in or near Dubai South are:

  • Fakeeh University Hospital: A 350-bed academic hospital that offers tertiary and quaternary care in various specialties, such as cardiology, neurology, oncology, and orthopedics. Fakeeh University Hospital also has a medical college, a research center, and a simulation lab.
  • Mediclinic Parkview Hospital: A 188-bed multispecialty hospital that offers a wide range of medical services, such as emergency, maternity, pediatrics, surgery, and radiology. Mediclinic Parkview Hospital also has a pharmacy, a laboratory, and a physiotherapy center.
  • NMC Royal Hospital: A 100-bed multispecialty hospital that offers comprehensive and specialized healthcare in various fields, such as cardiology, gastroenterology, urology, and dentistry. NMC Royal Hospital also has a day surgery center, an IVF center, and a cosmetic center.

Day Care Centers.

Dubai South has a number of day care centers and nurseries that offer childcare and education for children aged 0 to 6 years. Some of the best day care centers and nurseries in Dubai South are:

  • British Orchard Nursery: A nursery that follows the British curriculum, with a focus on children’s individual needs, interests, and development. British Orchard Nursery also has a gym, a library, and a sensory room.
  • Chubby Cheeks Nursery: A nursery that follows the EYFS curriculum, with an emphasis on play, creativity, and inquiry. Chubby Cheeks Nursery also has a swimming pool, a sandpit, and a garden.
  • Kids Kingdom Nursery: A nursery that follows the Montessori curriculum, with a holistic approach to learning and development. Kids Kingdom Nursery also has a music room, an art room, and a petting zoo.
How to Make Money from Dubai’s Property Boom in 2024

Transportation.

Dubai South has a convenient and affordable transportation system, with a variety of options to choose from. You can use the following modes of transportation in Dubai South:

  • Car: You can drive your own car or rent a car in Dubai South, as the area has a well-planned road network that connects it to major highways, such as Sheikh Mohammed Bin Zayed Road, Al Khail Road, and Emirates Road. You can also use the smart parking system, which allows you to find and pay for parking spaces using your smartphone.
  • Taxi: You can use the Dubai Taxi, which is available 24/7, to get to your destination quickly and comfortably. You can also use the ride-hailing apps, such as Uber and Careem, to book a taxi or a car online. You can also use the Hala Taxi, which is a hybrid service that combines the Dubai Taxi and Careem, and offers lower fares and shorter waiting times.
  • Bus: You can use the Dubai Bus, which has several routes and stops in Dubai South, to get around the area and to other parts of the city. You can also use the intercity bus service, which connects Dubai South with other emirates, such as Abu Dhabi, Sharjah, and Ras Al Khaimah. You can also use the free shuttle bus service, which operates within Dubai South and connects the Expo 2020 site, the Al Maktoum International Airport, and the hotels.
  • Metro: You can use the Dubai Metro, which has a station in Dubai South, Expo 2020, to reach other parts of the city, such as Dubai Marina, Downtown Dubai, Dubai International Airport, and Jebel Ali. The Expo 2020 station is part of the Dubai Metro Route 2020, a new extension of the Dubai Metro Red Line, which is expected to be operational by 2023.
  • Tram: You can use the Dubai Tram, which connects Dubai South with Jumeirah Beach Residence, Palm Jumeirah, and Al Sufouh. The Dubai Tram also connects to the Dubai Metro at Dubai Marina and Jumeirah Lakes Towers stations. The Dubai Tram is a modern and eco-friendly mode of transportation, as it runs on electricity and has no emissions.
  • Ferry: You can use the Dubai Ferry, which offers boat services to various locations, such as Dubai Marina, Dubai Canal, Burj Al Arab, and The Palm. The Dubai Ferry also connects to the Dubai Metro at Al Ghubaiba and Dubai Marina stations. The Dubai Ferry is a scenic and relaxing way to travel on the water, as it offers panoramic views of the city and the sea.

Population.

Dubai South has a population of about 50,000 people, according to the 2019 census. The population is composed of 70% males and 30% females, and 90% expatriates and 10% locals. The population is also diverse, with people from different nationalities, cultures, and religions. The most common nationalities are Indian, Pakistani, Bangladeshi, Filipino, and British. The official language is Arabic, but English is widely spoken as well. The official religion is Islam, but other religions are respected and practiced.

Interesting Events and Shows.

Dubai South was an interesting place to visit and live in 2022 and 2023, as it hosted and witnessed many events and shows that enhanced its appeal and attractiveness. Some of the highlights of Dubai South in 2022 and 2023 were:

Expo 2020 Dubai: The world’s largest expo, which showcased the achievements and innovations of more than 190 countries, as well as cultural events, entertainment, and cuisine. Expo 2020 Dubai ran from October 2021 to March 2022, and attracted 25 million visitors. Some of the pavilions and attractions at Expo 2020 Dubai were:

  • The Al Wasl Plaza: The centerpiece of Expo 2020 Dubai, which featured a 360-degree projection dome, a fountain, and a stage. The Al Wasl Plaza hosted the opening and closing ceremonies, as well as concerts, performances, and celebrations.
  • The UAE Pavilion: The national pavilion of the host country, which resembled a falcon in flight, and showcased the history, culture, and vision of the UAE. The UAE Pavilion also featured interactive exhibits, immersive experiences, and live shows.
  • The Sustainability Pavilion: The thematic pavilion of sustainability, which explored the challenges and opportunities of living in harmony with nature. The Sustainability Pavilion also featured a solar-powered canopy, a rainforest, and a wadi.
  • The Mobility Pavilion: The thematic pavilion of mobility, which explored the movement of people, goods, and ideas across time and space. The Mobility Pavilion also featured a hyperloop, a space elevator, and a time machine.
  • The Opportunity Pavilion: The thematic pavilion of opportunity, which explored the potential of human creativity and collaboration. The Opportunity Pavilion also featured a garden, a library, and a lab.

Dubai Airshow 2023: The largest aerospace event in the Middle East, which showcased the latest products, services, and innovations in the aviation industry. Dubai Airshow 2023 took place in November 2023, and attracted more than 1,300 exhibitors and 87,000 visitors. Some of the highlights of Dubai Airshow 2023 were:

  • The flying display: A spectacular show of aerial acrobatics, featuring aircraft from various countries and companies, such as the UAE Air Force, the US Air Force, Airbus, Boeing, and Emirates.
  • The Space Pavilion: A dedicated area that focused on the developments and opportunities in the space sector, featuring exhibits, workshops, and speakers from various organizations, such as the UAE Space Agency, NASA, and SpaceX.
  • The Futures Day: A special day that engaged and inspired the next generation of aviation professionals, featuring activities, competitions, and career guidance for students and young people.

Dubai Shopping Festival 2023: The 29th edition of the annual shopping extravaganza, which offered discounts, promotions, entertainment, and fireworks. Dubai Shopping Festival 2023 ran from December 2022 to January 2023, and attracted millions of shoppers and tourists. Some of the events and shows at Dubai Shopping Festival 2023 were:

  • The DSF Grand Opening: A spectacular show that marked the launch of the festival, featuring fireworks, music, and performances at Burj Park.
  • The DSF Market Outside the Box: A unique outdoor market that featured local and international brands, food trucks, live music, and workshops at Burj Park.
  • The DSF Concerts: A series of concerts that featured popular artists and bands from various genres, such as pop, rock, hip hop, and Arabic, at Dubai Media City Amphitheatre.
  • The DSF Fireworks: A dazzling display of fireworks that lit up the sky every night at various locations, such as The Beach, Dubai Festival City, and Global Village.

Business and Cultural Life.

The business and cultural life of Dubai South is vibrant and dynamic, as it offers a range of opportunities and experiences for professionals, entrepreneurs, artists, and enthusiasts. The business life of Dubai South is characterized by:

  • A thriving and diversified economy, with sectors such as aviation, logistics, trade, tourism, and technology contributing to the growth and development of the area.
  • A supportive and innovative environment, with initiatives such as Dubai South Free Zone, Dubai South Business Park, and Dubai South Innovation Hub providing resources and platforms for startups, entrepreneurs, and creatives.
  • A competitive and attractive market, with incentives such as tax exemptions, free zones, and ease of doing business attracting local and foreign investors and businesses.

The cultural life of Dubai South is characterized by:

  • A rich and diverse heritage, with landmarks such as the UAE Pavilion, the Al Marmoom Desert Conservation Reserve, and the Love Lake Dubai preserving and showcasing the history and traditions of Dubai and the UAE.
  • A vibrant and creative scene, with venues such as the Expo 2020 Dubai, the Dubai Parks and Resorts, and the Dubai Airshow hosting and exhibiting various forms of art, music, theater, and design.
  • A cosmopolitan and tolerant society, with people from different backgrounds, cultures, and religions coexisting and interacting in harmony and respect.

Advantages of Living in Dubai South.

The advantages of living in Dubai South for different groups of people are:

  • For couples, Dubai South offers a romantic and peaceful lifestyle, with cosy apartments, scenic views, and fine dining options. Couples can enjoy a date night at the Dubai Opera, a picnic at the Love Lake Dubai2, or a helicopter ride over the city.
  • For families with children, Dubai South offers a safe and friendly environment, with spacious villas, schools, parks, and recreational facilities. Families can have fun at the Expo 2020 Dubai, the Dubai Parks and Resorts, or the Al Marmoom Desert Conservation Reserve.
  • For young professionals and businesses, Dubai South offers an affordable and convenient location, with easy access to the city’s commercial hubs, as well as modern amenities and services. Young professionals and businesses can benefit from the opportunities and incentives offered by the Dubai South Free Zone, the Dubai South Business Park, and the Dubai South Innovation Hub.

Want to buy real estate in Dubai? Write a request in WhatsApp and Real Estate Group will find the best options for you. Everyone buys with us!

Interesting Things to See in Dubai South.

Dubai South is a place where you can see the past, present, and future of Dubai and the UAE. Some of the interesting things to see in Dubai South are:

  • The UAE Pavilion, which resembles a falcon in flight, and showcases the history, culture, and vision of the UAE. The UAE Pavilion also features interactive exhibits, immersive experiences, and live shows.
  • The Al Wasl Plaza, which features a 360-degree projection dome, a fountain, and a stage. The Al Wasl Plaza hosts the opening and closing ceremonies, as well as concerts, performances, and celebrations.
  • The Sustainability Pavilion, which explores the challenges and opportunities of living in harmony with nature. The Sustainability Pavilion also features a solar-powered canopy, a rainforest, and a wadi.
  • The Mobility Pavilion, which explores the movement of people, goods, and ideas across time and space. The Mobility Pavilion also features a hyperloop, a space elevator, and a time machine.
  • The Opportunity Pavilion, which explores the potential of human creativity and collaboration. The Opportunity Pavilion also features a garden, a library, and a lab.

To conclude this part, Real Estate Group would like to mention the main advantages of South Dubai:

  • Dubai South is a master-planned city that aims to be the happiness capital of the world, offering a range of attractions, facilities, and services for residents and visitors.
  • Dubai South is also home to the Al Maktoum International Airport, the largest airport in the world by size and capacity.
  • Dubai South offers a variety of real estate options for investors, tenants, and homeowners, including apartments, townhouses, villas, hotels, retail, and leisure facilities, at affordable and competitive prices.
  • Dubai South offers business-friendly free zone benefits and a living environment with a diverse range of residential homes and apartments to suit different lifestyles.
  • Dubai South offers a convenient and efficient transportation system, with a variety of options to choose from, such as car, taxi, bus, metro, tram, and ferry.
  • Dubai South offers a thriving and diversified economy, with sectors such as aviation, logistics, trade, tourism, and technology contributing to the growth and development of the area.
  • Dubai South offers a supportive and innovative environment, with initiatives such as Dubai South Free Zone, Dubai South Business Park, and Dubai South Innovation Hub providing resources and platforms for startups, entrepreneurs, and creatives.
  • Dubai South offers a rich and diverse heritage, a vibrant and creative scene, and a cosmopolitan and tolerant society, with people from different backgrounds, cultures, and religions coexisting and interacting in harmony and respect.

If you are interested in investing in Dubai South, don't miss the opportunity to be a part of the world's capital of happiness. Leave Real Estate Group a WhatsApp request today and we will help you find the best property to suit your needs and budget.

Read the continuation in part 5

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