Dubai South, the most important single-urban grasp improvement specializing in aviation, logistics and actual property, concluded 2024 with outstanding achievements throughout its varied districts.
Final 12 months, Dubai South welcomed 415 new corporations, bringing the entire variety of working corporations to 4,044, with 94% of present corporations retained.
On the Dubai South Enterprise Park, 500,000 sq. ft of workplace house was leased, marking a 300% improve from 2023.
Dubai South Properties efficiently accomplished Section 1 of The Pulse Beachfront, comprising over 200 models, with a further 500 models from different phases set for completion by the top of H1 2025. To satisfy the rising demand for flats in Dubai South, South Residing was launched, producing immense curiosity and reaching a whole sell-out. A contractor has been appointed and development has began on the undertaking.
Moreover, GEMS Founders College formally opened its doorways final 12 months, welcoming over 500 college students, whereas an settlement was signed with BT Properties, Asia’s largest personal property developer for the event of a gated grasp group inside Dubai South’s Golf District.
The Logistics District at Dubai South celebrated a number of milestones, additional solidifying its place as a key contributor to the UAE’s rising logistics sector. These embody the inauguration of a state-of-the-art FedEx air and floor regional hub, the opening of Boston Scientific’s regional distribution centre at Hellmann Calipar Healthcare Logistics’ facility, and the groundbreaking of a brand new facility by dnata Logistics.
Moreover, the primary stage of the UAE’s autonomous automobile trials, performed in collaboration with Evocargo, was efficiently accomplished.
The Mohammed bin Rashid Aerospace Hub has signed a number of agreements with distinguished aviation gamers to ascertain their presence on the hub. These embody Worldwide Vitality Assets (IER), which can arrange a state-of-the-art MRO and engine take a look at cell facility; ATS Technic and Liebherr Aerospace for MRO amenities; and SG Plane Upkeep Providers and Solar Air Plane Upkeep Providers. Moreover, Tim Aerospace has damaged floor on its new facility, whereas Jet Flight Providers and Comlux have inaugurated their new amenities at MBRAH.
In his feedback, HE Khalifa Al Zaffin, Govt Chairman of Dubai Aviation Metropolis Company and Dubai South, mentioned: “We’re pleased with the achievements that had been made in 2024. Attracting new corporations and sustaining a wonderful retention fee demonstrates the belief and confidence companies place in Dubai South. Our continued success within the aviation, logistics, and actual property sectors reinforces Dubai South’s pivotal function in supporting the federal government’s imaginative and prescient, financial diversification methods, and future development plans. We stay dedicated to fostering innovation, creating world-class infrastructure, and driving sustainable improvement to fulfill the evolving wants of dynamic enterprise environments.”
Dubai South is Dubai’s largest single city grasp improvement specializing in an aviation and logistics ecosystem that homes the world’s largest airport when absolutely operational, complemented by a multi-modal transport infrastructure connecting air, land and sea. Dubai South goals to create a vibrant dwelling and dealing group by leveraging its distinctive aviation, logistics, and real-estate services and world-class infrastructure options
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