Dubai South property market experiences growth as Al Maktoum Airport expansion drives demand
Dubai: A fresh real estate hub is quickly developing in Dubai — and it’s driven by jets. The extensive Dh128 billion development of Al Maktoum International Airport (DWC) is currently in progress, making Dubai South a rapidly emerging key growth area in the city.
The redesigned airport, expected to become the largest globally and accommodate up to 260 million travelers annually, signifies not only a major advancement in aviation but also shows noticeable impacts on the real estate market in Dubai South.
Price affordable – at this moment
Homebuyers and investors are coming to the region, attracted by property prices that still sit around 60% lower than in prime locations such as Downtown or Business Bay. The typical sale price in nearby areas such as Dubai Industrial City is now Dh750 per square foot, whereas Dubai Investment Park has an average of Dh850.
Conversely, prime areas still demand Dh2,000–2,500 for each square foot. That price discrepancy is appealing to both consumers and investors seeking value and long-term growth opportunities.
Property sales are soaring
In 2024, Dubai South recorded property sales worth Dh16.1 billion. Just five months into 2025, that amount has surpassed Dh15 billion — a strong indication of continuing momentum, based on a recent market report from Betterhomes.
The demand for rentals is increasing at the same rapid pace. Average yearly rents surged 20% in 2025, driven by a significant rise in tenant demand. Indeed, the report indicates that buyer and rental inquiries have increased by more than 20% month-over-month, linking this rise to a heightened interest in both completed and off-plan properties
Infrastructure, a transformative force :
Future connectivity initiatives such as the Dubai Metro Blue Line, catering to Al Maktoum Airport, and the Etihad Rail, featuring a station in Dubai South, are anticipated to enhance the region’s attractiveness even more. As transportation access grows, the region is becoming increasingly habitable — and more attractive for investment.
Additional proof of progress emerged with a recent Dh1 billion agreement to construct the airport’s second runway, indicating that schedules are advancing swiftly
Investors are betting big:
Significant investments are enhancing the enthusiasm. A $1 billion real estate collaboration between a UAE asset management firm and global investment behemoth Brookfield is bringing new institutional funds into the residential market, not only in Dubai but throughout the region
Betterhomes observes that such institutional confidence frequently indicates the beginning phases of a wider growth cycle. They anticipate Dubai South will mirror the growth observed after Terminal 3’s opening at Dubai International Airport in 2005, during which nearby regions such as Dubai Marina and Al Barsha experienced property values nearly doubling by 2008
Comments are closed