Dubai South and BT Holding LLC Unveil Landmark Master Community Project

Friday, 13 December 2024

Dubai South has partnered with BT Holding LLC to develop a sprawling, gated master community in the prestigious Golf District near Al Maktoum International Airport. Here’s what you need to know about this groundbreaking development:

Key Highlights of the Agreement

Partnership Announcement: The agreement was signed by key figures, including HE Khalife Al Zaffin, Executive Chairman of Dubai South, and Ahmed Ali Riaz Malik, Group CEO of BT Holding LLC.
Presence of Stakeholders: The signing ceremony was attended by industry leaders such as Nabil Al Kindi, CEO of Dubai South Properties, and Malik Riaz Hussain, Founder and Chairman of Bahria Town.

Master Community Features

Residential Options: Includes a mix of villas, townhouses, and apartments.
Comprehensive Amenities: The community will feature schools, hospitals, retail spaces, mosques, and entertainment venues.
Green and Iconic Spaces: Central park, dancing fountains, water streams, green spines, wide boulevards, and iconic monuments.

Strategic Importance

Economic Growth: Part of Dubai’s vision to enhance social and economic development.
Location Advantage: Situated near Al Maktoum International Airport, a hub of future development in Dubai South.
Investor Appeal: Touted as a benchmark in luxury living, it is designed to attract global investors.

Statements from Leaders

HE Khalife Al Zaffin:
- Emphasized Dubai South as “the city of the future.”
- Highlighted the potential of Dubai South to house 1 million residents with the completion of Al Maktoum International Airport.
- Called the project a testament to Dubai’s global appeal and luxury living standards.
Malik Riaz Hussain:
- Expressed excitement about entering the Dubai market with a project that reflects forward-thinking community development.
- Highlighted BT Holding LLC’s expertise in creating vast, self-sustaining master-planned communities.

About Dubai South

Established in 2006: A visionary Dubai Government initiative.
Spans 145 Square Kilometers: A global hub for commerce and residential living.
Free-Zone Benefits: Offers a business-friendly environment with diverse residential options.

This collaboration marks a significant milestone in Dubai’s growth story, reinforcing its position as a global real estate hotspot while aligning with the government’s ambitious vision.