Dubai South Properties launches third phase of South Bay
Dubai South Properties launches third phase of South Bay
Dubai South Properties has announced the launch of the third phase of South Bay following the successful sale of the first two phases of 400 units. The main complex is located in the heart of a residential area in the south of Dubai, next to Expo Road. The third stage includes more than 800 townhouses and villas, as well as more than 200 detached mansions on the coast. The new phase is strategically located in the center of the South Bay Master Plan with magnificent lagoon views. Nearby are a club, a fitness center and a central park.
The townhouses and villas in South Bay are larger than most luxury properties in Dubai but are priced among the most competitive on the market. Interested buyers can take advantage of an attractive 70/30 payment plan where 50% is paid during construction, 20% upon handover and 30% within two years of completion.
Dubai South Properties CEO Nabeel Al Kindi said that since the launch of South Bay, they have seen a lot of interest from buyers and end users, leading to the successful sale of the first two phases. The project's value-added modern amenities provide an exceptional lifestyle for the residents of South Bay and Dubai South, and they will continue to enrich the real estate sector with unique developments that further their wise leadership's vision of making Dubai a better city to live, work and visit.
