How Dubai South Attracts More Than 700 Companies
In 2021, more than 700 new businesses moved into Dubai South Africa attracting companies, the largest single-urban master development with a focus on real estate, logistics, and aviation, bringing the total number of businesses based there to 4,600. The flagship urban project is intended to produce 500,000 employees in an integrated, economic environment that supports all sorts of enterprises and industries, capping out 2021 on a high note by recording multiple remarkable accomplishments across its several divisions.
The Pulse, an urban mixed-use development with 1,400 apartments and 240 townhouses, is among the accomplishments of the master developer Dubai South Properties. Due to the success of the project, the business created The Pulse Villas, with the first and second phases already sold out. The Pulse Beachfront was introduced after Expo 2020 Dubai opened, and the developer was successful in selling out phases one and two to interested investors. The final phase is scheduled to debut in Q1 2022. The Residential District Villa Plots (Baiti) were also introduced, and the business also completely sold all of the available plots. The Pulse community development was introduced in stages and has since grown quickly as a result of its distinctive features, prime location, and reputation for keeping its commitments to customers.
Over 25,000 people currently live in the residential district, where they take advantage of the special amenities and way of life it provides. Additionally, Sakany, the first leasehold staff residence in Dubai South that places a strong emphasis on resident welfare, has an occupancy rate of 99%. The Avenue is a unique initiative that the firm also started. It consists of a small number of freehold commercial plots that investors can develop for commercial use and buy on a payment plan. The Business Park in Dubai South had excellent results in 2021 compared to 2020, leasing 243,805 square feet of space, and keeping 85% of the firms operating there, thanks to the best services and business solutions it provides to clients. Moreover, by the end of 2021, there were 20,848 persons employed in Dubai South as a whole.
The Mohammed Bin Rashid Aerospace Hub, Dubai’s platform for the aerospace industry’s progress, has finished the year by announcing a number of original initiatives. One such project is Dubai Helipark, which houses eight helicopters and is the largest helicopter center of its type in the UAE. It enables transportation between corporate hubs and tourist attractions around the country. The first phase is currently operating, and the second will be finished this year. The Dubai Free Port, the first Super Vault in the area, was also made public. It will be utilized by HNWIs and VIP travelers who want to keep priceless physical assets like exquisite art in a safe location within a specially bonded area. Seven multinational aviation players are housed in MBRAH’s Line Maintenance Units, which it also created. A contract was also secured with Comlux to build a hangar facility at MBRAH for Dubai Airshow 2021. Additionally, the Logistics District in Dubai South had a good year because of the first phase of the EZDubai infrastructure, which covered 50% of the district’s whole area. Additionally, district cooling services are currently in place and will contribute to the upkeep of a carbon-neutral e-commerce zone. Additionally, the EZDubai e-commerce zone was successful in luring a number of businesses to the e-commerce hub, including noon, which announced its expansion with the establishment of its customer fulfillment center to further its operations and the ongoing push for development.
Due to the increased demand for last-mile facilities throughout the region, we were also successful in luring Uda Express, one of the biggest express companies in China, Emirates Post, which opened its second-largest sorting and delivery facility in the UAE, and FedEx Express, the largest express transportation company in the world, which will also construct its new regional hub. In addition, it welcomed DHL, which will open its first Mobile Middle East and Africa Innovation Centre there with the intention of tackling complicated logistical problems, learning about current trends in logistics, and networking with business innovators around the MEA region. This is evidence of the district’s cutting-edge infrastructure and solutions, which are preferred by foreign businesses seeking to develop in the area or extend their operations.