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.
GCC countries’ gross national income hits $2.143 trillion
Air Canada cabin staff go on strike, grounding hundreds of flights
Dubai's GDP grows 4% in Q1, touching AED 119.7 billion
Salik posts AED 1.53 billion revenue in H1
US, China extend tariff truce by 90 days, staving off surge in duties
