The new massive airport is being built in Dubai South, which is expected to greatly boost real estate growth. Dubai’s Al Maktoum International Airport is gearing up to open, capable of handling over 30 million passengers each year and boasting more than 10,000 aircraft stands, making it one of the world’s largest airports.
This ambitious project is expected to create a surge in demand for housing, commercial spaces, and other real estate in the vicinity of the new airport. Major developers are already eyeing expansions into Dubai South to seize the potential growth opportunities.
Over the next decade, Dubai South and its neighboring areas are poised for extensive transformations, with numerous developers, commercial centers, retail outlets, malls, and other industries converging on the area, turning it into the city’s next central hub. This surge in development is likely to drive up residential property prices and offer lucrative returns on investment for developers.
Now is the time for strategic investors to capitalize on the potential price hikes and secure long-term gains in Dubai South. Dubai South is emerging as a pivotal hub for the city, having already handled over 3.67 million passengers through its current airport in the first quarter of 2024.
Similar developments surrounding Expo 2020 witnessed infrastructure enhancements that led to price increases of up to 15 percent locally. Analysts foresee Dubai South following a similar trajectory.
Investors seeking great returns on investment should act now. Contact Luxehaven to explore the best real estate investment opportunities, and our experts will guide you through the process.
