Dubai South Properties

Dubai South Properties is the real estate development arm of Dubai South, the 145 square kilometre city around Al Maktoum International Airport that was launched in 2006 as Dubai World Central and renamed in 2015. It is registered with the Dubai Land Department as a developer and has built The Pulse, The Pulse Villas, The Pulse Beachfront, South Bay, South Living, Beachfront Gates, South Square and HAYAT.

Yes. Dubai South sits under Dubai Aviation City Corporation, a Government of Dubai entity, and its Executive Chairman is Khalifa Al Zaffin. Dubai South Properties is the residential developer within that group and is not listed on any stock exchange.

As of January 2026 the company had 2,550 homes completed and 2,670 under construction in Dubai South. The completed stock includes the Pulse apartments and townhouses handed over from 2020, the 342 Pulse Villas completed in 2023, and the 800 Pulse Beachfront homes handed over in 2025.

The record is mixed but close. The Pulse ran later than its first estimate, handing over through 2020 and early 2021 against a mid-2019 statement. The Pulse Villas were completed in October 2023, ahead of the 2024 schedule. The Pulse Beachfront finished phase one in December 2024 against an original 2024 target and completed the rest in 2025. South Bay phases one and two were still in their final stages in September 2026 with handover stated for 2026.

South Bay phases one to six in the Residential District, with the earlier phases in final stages and phases three to five due in the first quarter of 2027; the 209-unit South Living Tower due in the first quarter of 2027; the two Beachfront Gates towers that started construction in the third quarter of 2025; South Square, over 550 apartments due in the fourth quarter of 2028; and HAYAT in the Golf District, about 2,500 homes with the first phase due in the second quarter of 2028.

Launch pricing has been below the private developers around it. The Pulse Villas opened in 2021 from AED 850,000, about USD 231,000, for a two bedroom townhouse. South Square apartments launched in 2025 from AED 1.1 million, about USD 300,000. HAYAT townhouses launched from AED 3.4 million, about USD 926,000. South Bay waterfront mansions in phase three were priced at AED 18 to 19 million, about USD 4.9 to 5.2 million, in April 2024.

Dubai Land Department records in 2026 show The Pulse Villas townhouses changing hands between AED 2.35 and 3.05 million, about USD 640,000 to 830,000, against 2021 launch prices of AED 850,000 to 1.25 million. Pulse Beachfront villas sold between AED 3.25 and 3.7 million, about USD 885,000 to 1.01 million, and South Bay villas between AED 3.65 and 5.23 million, about USD 994,000 to 1.42 million, in the same period.

The usual structure is a 5 percent booking deposit followed by construction-linked instalments and a long post-handover tail. The Pulse Villas and The Pulse Beachfront carried 50 percent during construction and 50 percent over two years after completion. South Bay carried 45 percent during construction and 50 percent after handover. HAYAT carries 55 percent during construction, 20 percent at handover and 20 percent after handover on a five-year quarterly plan.

Off-plan resale is possible once the developer issues a No Objection Certificate. Dubai South Properties has not published a standard payment threshold or fee for the certificate, so the current terms have to be confirmed with the developer for each project before you buy with a resale exit in mind.

Both. The Pulse Residence and Boulevard blocks are apartments, and the current apartment projects are South Living Tower with studios to three bedrooms, Beachfront Gates with one to three bedrooms beside the Pulse Beachfront lagoon, and South Square with one to three bedrooms on Sheikh Mohammed bin Zayed Road. The villa and townhouse projects are The Pulse Villas, The Pulse Beachfront, South Bay and HAYAT.

Properties valued at AED 2 million, about USD 545,000, or more may qualify the buyer for the UAE 10 year Golden Visa, subject to the regulations in force at the time of application. Most South Bay, Pulse Beachfront and HAYAT homes sit above that value; Pulse townhouses and the smaller apartments may not.

South Bay Mall, a 200,000 square foot retail and lifestyle centre with 60 units overlooking the South Bay lagoon, was unveiled in November 2025. HAYAT will add apartments, hotel apartments and mansions in later phases. Separately, Dubai South signed an agreement with Majid Al Futtaim in May 2026 for a 22 million square foot mixed-use community valued at AED 62 billion, about USD 16.9 billion, anchored by a large shopping mall.