Emaar Properties, the renowned Dubai-based property developer, has announced the completion of 40% of the first phase of Emaar South, its new master development project.
In his comment on the progress announcement, Fadi Shaher El Borno, the manager of joint ventures department in Emaar Properties explained that Emaar’s target is to complete around 80% of the first phase of Emaar South, adding that Emaar currently has a total of 2.4 million square feet under construction comprising multiple products.
Situated in the economic zone of Dubai South, Emaar South community spans a total of 7 square kilometers of area. The master development will be built across four phases over the duration of 10 years; the first phase of which will be completed by the third or the fourth quarter of 2019. The first units of the project are planned to be delivered by the end of year 2019.
Emaar South will comprise high-end luxurious residential units that vary between apartments, villas, and townhouses. In addition to the residences, the community will also comprise amenities including a retail center that is a part of the first phase along with nurseries, a bank, a supermarket, as well as all the necessary needs of the community residents.