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Gulf Press > Uncategorized > Dubai: Dh150 million construction contract secured for ‘South Living’ project
Uncategorized

Dubai: Dh150 million construction contract secured for ‘South Living’ project

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Last updated: 2024/09/11 at 5:03 AM
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Dubai South Properties has recently appointed Al Turath Al Aseel Contracting for a Dh150 million contract to construct the South Living Tower, a luxury apartment development located in The Residential District in Dubai South. This project was launched in June of this year with an attractive post-handover payment plan, as there has been a significant demand for spacious apartments in Dubai South. The anticipated completion date for the project is Q1 2027, with a total of 209 units, including studios, 1-, 2-, and 3-bedroom apartments.

CEO of Dubai South Properties, Nabil Al Kindi, stated that the demand for residential apartments in Dubai South has been steadily increasing over the past few years. This growth in demand was further highlighted following the announcement of new passenger terminals at Al Maktoum International Airport in April, which resulted in a noticeable surge in interest in housing. This increase in interest has also been reflected in higher sales and rental values for residential properties in Dubai South. With the development of the South Living Tower, Dubai South Properties aims to meet this growing demand for quality residential units in the area.

The South Living Tower is set to offer a luxurious living experience, with a diverse range of units catering to varying needs and preferences. The project’s strategic location within Dubai South further adds to its appeal, as the area continues to attract individuals and families looking for a convenient and modern living environment. The development is expected to contribute positively to the overall real estate landscape in Dubai South, enhancing the area’s reputation as a prime residential destination.

As the project progresses towards completion, stakeholders and interested parties are encouraged to stay updated on the latest developments and news related to the South Living Tower. Following KT on WhatsApp Channels will provide access to timely updates and information, ensuring that individuals are well-informed about this exciting luxury apartment development. With the expected completion date set for Q1 2027, there will be plenty of opportunities to learn more about the project and its offerings in the months to come.

The partnership between Dubai South Properties and Al Turath Al Aseel Contracting highlights the commitment to delivering high-quality projects that meet the evolving needs of residents in Dubai South. By collaborating with experienced and reputable contractors, Dubai South Properties aims to ensure that the South Living Tower exceeds expectations and sets a new standard for luxury living in the area. This ambitious project is set to redefine residential living in Dubai South, offering residents a blend of comfort, style, and modern amenities.

In conclusion, the announcement of the Dh150 million contract for the construction of the South Living Tower reflects Dubai South Properties’ dedication to meeting the growing demand for high-quality residential units in Dubai South. With an anticipated completion date of Q1 2027 and a diverse range of units available, the South Living Tower is poised to become a sought-after address for those seeking luxury living in Dubai. Stay tuned for more updates on this exciting project, as Dubai South cements its position as a premier residential destination in the region.

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News Room September 11, 2024
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