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Dubai South awards $408 million contract for new phase developments

Al Kharafi Construction Company to build phases 3,4 and 5 of the project
Dubai South awards $408 million contract for new phase developments
The fourth phase of South Bay is scheduled for completion in Q1 2027 (Image: GDMO)

Dubai South Properties has responded to escalating demand from investors and buyers by expediting the launch of phase four of its South Bay development. It has recently announced the appointment of Al Kharafi Construction Company for the construction of phases 3, 4 and 5 in a monumental AED1.5 billion ($408.5 million) contract. Last year, Dubai South Properties also appointed GINCO General Contracting LLC to construct the project’s first two phases. GINCO also constructed the infrastructure facilities for the project.

The fourth phase of South Bay is scheduled for completion in Q1 2027. It will introduce 138 units comprising three-, four-, and five-bedroom villas. Moreover, it will include a select number of five-to-seven-bedroom mansions.

Luxurious amenities

South Bay is a haven of sophistication and leisure, boasting over 800 spacious villas and townhouses. It also includes more than 200 luxurious waterfront mansions, and an array of exceptional amenities. These include a 1km lagoon, waterfront promenades with cafes and multiple beaches. In addition, South Bay offers its residents a clubhouse, fitness centers, parks, a shopping mall, spa, kids’ clubs, waterparks, swimming pools and private beaches. These amenities offer residents a vibrant and fulfilling lifestyle within the South Bay and Dubai South community.

In his comments, Nabil Al Kindi, CEO of Dubai South Properties, said: “The project has witnessed lots of interest since its launch due to its strategic location, modern amenities, and unique selling points. The sell-out of each phase upon launching onto the market exemplifies South Bay’s uniqueness. At Dubai South, our mandate is to develop projects that cater to the demand for premium residences and enrich the lifestyles of residents.”

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Reinforcing the Residential District

In addition to South Bay, Dubai South continues to enhance its Residential District with amenities. These include a British curriculum school, public parks, sports courts and retail shops. Residential District also offers a hypermarket, a mosque, a petrol station, and a public bus route connecting the district to the Expo Metro station. Over 25,000 residents are already enjoying the distinctive lifestyle of the Residential District. With that, Dubai South remains committed to enriching the lives of its tenants through innovative developments and world-class amenities.

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