Dubai South Properties launches its new project, The Avenue
Dubai South Real Estate has announced the launch of "The Avenue" project, which consists of a limited number of freehold plots of land.
Investors can purchase plots of land according to a specific payment plan, and then develop them for commercial use.
This launch comes in the wake of the huge development in Dubai South, in addition to the successful sale of several freehold projects, as well as the sales of plots of land for residential purposes in the residential area, which the company launched earlier.
The available spaces in The Avenue vary, as the plots range from 30,000 to 55,000 square feet, while the built-up spaces range from 50,000 to 90,000 square feet, at distinct competitive prices compared to the prevailing prices in the market, and start from 250 dirhams per square foot on an area basis. built.
Dubai South Properties will also offer a payment plan of up to three years.
Interested investors will benefit from the dual licensing system, where they can obtain all the required licenses directly from the Dubai South Free Zone, which will save time and get a lot of facilities.
Land buyers will also benefit from the strategic location of the plots offered by Dubai South, which will be linked to the metro station that will be built in the area, in addition to its proximity to the Expo 2020 Dubai site, which is located along the same street, and Al Maktoum International Airport, which will be the largest airport in the world at Completed, in addition to the private aviation building in Dubai South, which is a 10-minute drive away.
A spokesperson from Dubai South Properties said: “After the successful sales of other mixed-use developments that we launched over the past few years, and the increased demand from investors for both residential and commercial properties, we have decided to launch The Avenue, to provide an exceptional opportunity for investors looking to Owning private commercial lands to support their various activities.
We are confident that Expo 2020 Dubai will play a pivotal role in attracting investors wishing to explore investment opportunities in Dubai.
For our part, we at Dubai South Real Estate are committed to meeting the aspirations of our potential and existing clients, in addition to supporting the government’s initiatives and plans aimed at attracting foreign direct investment to the emirate.”
Dubai South is home to an integrated complex of residential, commercial and retail properties.
The project caters to a variety of lifestyles and is designed to provide a vibrant living environment, in line with the Dubai South strategy to support the prosperity of projects for urban life in Dubai and contribute to its economic growth.
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