Everything in Dubai is extra, as most people say. From a total of 9 world records including the world’s tallest building, to the recent event of rainstorm through cloud seeding that made noise worldwide, Dubai is sure to always take it an extra mile.
Recently, the city has once again made noise and caught the attention of the public, especially investors, as the government released the plan for the soon to be the world’s largest airport: Al Maktoum International Airport in the southern part of Dubai. And here are the facts that will surely make your jaw drop.
A budget of DH128 billion for the project has already been approved and the construction has already begun.
Al Maktoum Airport will be 5x larger than Dubai International Airport and will be delivered in phases. These projects are set to accommodate approximately 250M passengers a year, with 400 aircraft gates and 55 parallel runways.
Aircraft Gates
Parallel Runways
Annual Passengers
This project is sure to bring positive impact to the city’s economy, giving more employment opportunity, adding value to the ROI of real properties in nearby areas, and boosting tourism. In fact, the construction of the project is resulting to an increase of real properties in the surrounding areas especially in Dubai South while off-plan projects are selling out quicker.
A wise investor sense an opportunity from miles, and will definitely won’t miss this chance. Find out the on going projects in Dubai South with the help of Home Square Real Estate! Contact us and let our experienced agents guide you!
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