An increasing number of real estate agents and buyers are saying it: Dubai is gradually shifting south. The focus is moving towards areas surrounding the new Al Maktoum International Airport, Palm Jebel Ali, and Expo City.
These zones are viewed as the future hotspots, partly due to major government plans and infrastructure investments.
The South Gains Increasing Attention Due to New Developments
It is anticipated that the new airport will be fully operational within ten years, making the southern part of the city even more attractive. Furthermore, the development of Palm Jebel Ali plays a significant role. These artificial islands offer new opportunities for both living and recreation. Expo City, which was once the site of Expo 2020, is being transformed into a vibrant live-work environment.
In addition to residential construction, significant investment is being made in roads, public transport, and commercial facilities in these southern areas. The goal is to provide a fully-fledged alternative to the more established parts of Dubai, such as Downtown and Dubai Marina. Developers are focusing on more affordable housing and larger floor plans, for example, apartments ranging from 110 m2 up to 250 m2.
Dubai’s Financial Heart Remains Where It Is
However, there are also caveats. Despite all the developments in the south, the Dubai International Financial Centre, better known as DIFC, remains the beating heart of the city. This financial district is crucial for companies and professionals operating within this zone. For them, relocating to Palm Jebel Ali is simply not an option due to the distance. DIFC remains a central and irreplaceable location within Dubai.
DIFC is home to hundreds of international companies, law firms, and financial institutions. The infrastructure, proximity to Downtown Dubai, and direct access to luxury amenities make it one of the most sought-after business locations in the Middle East. Moreover, many employees are legally bound to work within this zone, which ensures that demand for housing in and around DIFC remains strong.
There is undoubtedly money to be made in the south, but for those seeking the true centre of Dubai, one need look no further than DIFC. With its stable position as the financial hub, it is clear that this district represents lasting value. The city is growing, but its heart remains where it is.
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