Dubai South awards AED 150m contract for South Living project

via WAM

Dubai South Properties has announced the appointment of Al Turath Al Aseel Contracting for an AED 150 million contract towards the construction of South Living Tower, a luxury apartment development at The Residential District in Dubai South.

The project was launched in June this year with an attractive post-handover payment plan, following the huge demand for spacious apartments in Dubai South.

CEO of Dubai South Properties, Nabil Al Kindi, said, "The demand for residential apartments at Dubai South has been steadily growing over the past few years. Following the announcement of the new passenger terminals at Al Maktoum International Airport in April, we witnessed a notable surge in interest in housing, reflected in the higher sales and rental values for residential properties in Dubai South."

The project is expected to be completed by Q1 2027 and will feature 209 units, including studios, one, two, and three-bedroom apartments.

More from Business

Coming Up on Dubai Eye

  • The Debrief

    4:00pm - 7:00pm

    Join Dane & Lucy on Dubai Eye 103.8 for The Debrief from 4pm to 7pm, the perfect way to unwind after a busy day at the office.

  • The Score

    7:00pm - 9:00pm

    Hosted by Chris McHardy, The Score is your comprehensive guide to the world of sport.

BUSINESS BREAKFAST LATEST

On Dubai Eye

  • Is There Sufficient House Supply In UAE

    Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?

  • Noon's First Female Delivery Driver

    Glory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!