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What the Al Maktoum Airport Extension Means for Savvy Property Investors

Category:

News & Updates

Last Updated:

8 May 2024

Author:

Jacob Stansfield

Dubai is set to solidify its position as a global aviation hub with the ambitious $35 billion extension of Al Maktoum International Airport. This monumental project is not just an expansion—it's a transformative endeavor that will quintuple the capacity of the existing airport, handling up to 260 million passengers annually. This expansion will make Al Maktoum Airport five times larger than the current Dubai International Airport (DXB) and mark it as the new base for Emirates Airlines. Such a massive scale of development heralds a new era for Dubai, particularly for the property market surrounding the airport.


The Impact on Dubai South

The spotlight is now turning towards Dubai South, an area destined to become many visitors' first impression of Dubai. As the airport grows, so does the interest in its surrounding locales. Dubai South is poised to become a focal point for developers, drawing attention with its promise of new business opportunities and residential allure. Already, communities like Emaar South have witnessed a surge in interest, which is expected to increase as more impressive projects are announced. The area's development is spurred on by its strategic location, offering both proximity to the new airport hub and access to Dubai’s various business and leisure amenities, making it an attractive site for investors and residents alike.


Upcoming Launches

Amidst this flurry of development, DAMAC Properties is not staying behind. They have recently teased about a new master-planned community, expected to offer competitive pricing and a familiar payment plan structured at 70% during development and 30% on completion. This project, still under wraps, promises to blend luxury with practicality, catering to savvy investors looking to capitalize on the burgeoning market near Al Maktoum International Airport.


At Bond Property Group, we are excited to offer our clients early expressions of interest (EOIs) for this upcoming launch. Ensuring you have the first pick in such a strategic development could be the key to maximizing your investment returns.


As Dubai continues to grow, the areas around Al Maktoum International Airport are becoming hotbeds for property investment. At Bond Property Group, we are here to provide you with the latest and most lucrative investment opportunities in these burgeoning areas.


 

Ready to get ahead of the market?

Contact us to learn more about the upcoming projects and how you can secure your investment in what is set to be one of the most sought-after locales in the region.



See More from Bond Property Group

As Dubai continues to grow, the areas around Al Maktoum International Airport are becoming hotbeds for property investment.

What the Al Maktoum Airport Extension Means for Savvy Property Investors

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