Dubai South Properties announced that the first and second phases of its new luxury residential project, “Hayat,” sold out within hours of its launch, achieving sales exceeding AED 1.2 billion.
This achievement underscores the effectiveness of Dubai South’s strategy to time its project launches, in line with the growing and strong demand for residential real estate in the region, both from investors and end-users. The “Hayat” project comprises approximately 2,500 diverse residential units, including townhouses, semi-detached and independent villas, luxury homes, residential apartments, and hotel apartments, with designs ranging from one to five bedrooms. The project also boasts a comprehensive range of modern amenities, including green spaces, shaded walking paths, children’s play areas, fitness and wellness centers, swimming pools, and landscaped gardens, along with a promenade featuring shops, cafes, and daily services to meet the needs of residents.
Nabil Al Kindi, CEO of Dubai South Properties, said: “The strong demand we are witnessing reflects the great confidence people have in Dubai South as a preferred location to live, invest, and build their future. This success motivates us to continue delivering high-quality real estate projects that meet the aspirations of our growing customer base.”