- 415 new firms attracted by Dubai South
- 94% of firms retained
- 4,044 firms presently function in Dubai South
Dubai South, the biggest single-urban grasp growth specializing in aviation, logistics and actual property, concluded 2024 with outstanding achievements throughout its varied districts.
Last 12 months, Dubai South welcomed 415 new firms, bringing the entire variety of working firms to 4,044, with 94% of present firms retained.
At the Dubai South Business Park, 500,000 sq. toes of workplace area was leased, marking a 300% improve from 2023.
Dubai South Properties efficiently accomplished Phase 1 of The Pulse Beachfront, comprising over 200 models, with an extra 500 models from different phases set for completion by the tip of H1 2025. To meet the rising demand for residences in Dubai South, South Living was launched, producing immense curiosity and reaching an entire sell-out. A contractor has been appointed and development has began on the challenge.
Furthermore, GEMS Founders School formally opened its doorways final 12 months, welcoming over 500 college students, whereas an settlement was signed with BT Properties, Asia’s largest non-public property developer for the event of a gated grasp group inside Dubai South’s Golf District.
The Logistics District at Dubai South celebrated a number of milestones, additional solidifying its place as a key contributor to the UAE’s rising logistics sector. These embrace the inauguration of a state-of-the-art FedEx air and floor regional hub, the opening of Boston Scientific’s regional distribution centre at Hellmann Calipar Healthcare Logistics’ facility, and the groundbreaking of a brand new facility by dnata Logistics.
Additionally, the primary stage of the UAE’s autonomous car trials, performed in collaboration with Evocargo, was efficiently accomplished.
The Mohammed bin Rashid Aerospace Hub has signed a number of agreements with outstanding aviation gamers to determine their presence on the hub. These embrace International Energy Resources (IER), which can arrange a state-of-the-art MRO and engine check cell facility; ATS Technic and Liebherr Aerospace for MRO services; and SG Aircraft Maintenance Services and Sun Air Aircraft Maintenance Services. Additionally, Tim Aerospace has damaged floor on its new facility, whereas Jet Flight Services and Comlux have inaugurated their new services at MBRAH.
In his feedback, HE Khalifa Al Zaffin, Executive Chairman of Dubai Aviation City Corporation and Dubai South, mentioned: “We are proud of the achievements that were made in 2024. Attracting new companies and maintaining an excellent retention rate demonstrates the trust and confidence businesses place in Dubai South. Our continued success in the aviation, logistics, and real estate sectors reinforces Dubai South’s pivotal role in supporting the government’s vision, economic diversification strategies, and future growth plans. We remain committed to fostering innovation, creating world-class infrastructure, and driving sustainable development to meet the evolving needs of dynamic business environments.”
Dubai South is Dubai’s largest single city grasp growth specializing in an aviation and logistics ecosystem that homes the world’s largest airport when absolutely operational, complemented by a multi-modal transport infrastructure connecting air, land and sea. Dubai South goals to create a vibrant dwelling and dealing group by leveraging its distinctive aviation, logistics, and real-estate services and products and world-class infrastructure options.