Why South is the Future of Dubai

Summary

The Dubai World Central (DWC), spanning 145 square kilometers, is poised to become Dubai's future, housing the Al Maktoum International Airport. This area is set to be a major hub with the world's largest airport, expected to serve 220 million passengers annually and handle 16 million tons of cargo. Its strategic location near Port Jali and the EAD rail, along with an extensive road network, makes it a prime investment zone. The Chinese investment of $2 billion for a multimodal logistic corridor and the government's vision promise job creation and significant GDP contribution. Major developers are already building expansive projects, including an urban living community, a massive community three times the size of Hong Kong, and an 18-hole golf course community by Emaar, indicating high potential for investment returns.

Takeaways

• 🌆 The 145 square kilometer area around Dubai World Central (DWC), including Al Maktoum International Airport, is poised to be the future of Dubai.
• 🛫 Al Maktoum International Airport, when fully operational, is expected to handle 220 million passengers and 16 million tons of cargo annually, making it the world's largest airport.
• 🚞 The area's strategic location near Dubai International Airport and Port Rashid, along with the upcoming EAD rail, positions it as a major transportation hub.
• 🚗 The region boasts an extensive road network, including connectivity through Emirates Road, Sheikh Muhammad bin Zayed Road, and Expo Road, enhancing its accessibility.
• 🏗️ Chinese investment of around $2 billion US is being used to develop an 18 km multimodal logistical corridor, indicating global interest in the area's potential.
• 💼 The development is projected to generate approximately 500,000 jobs, contributing significantly to Dubai's GDP and supporting a population of 1.5 million residents.
• 🏘️ Major developers are investing in the area, with projects like Expo City's urban living community, Dubai South's large community, and MR's golf course communities.
• 🏌️‍♂️ MR's legacy in developing prestigious golf course communities like Emirates Living, Arabian Ranches, and Dubai Hills Estate is set to continue with MR South, an 18-hole golf course community.
• 📈 The investment potential in MR South is likened to penny stocks, suggesting that early investment could yield substantial returns as the area's value grows.

Q & A

What is the significance of the 145 square kilometer land parcel in Dubai's future?

The 145 square kilometer land parcel is significant as it is home to the Dubai World Central (DWC) International, also known as Al Maktoum Airport, which is a major part of Dubai's future development plans, including the D233 economic agenda and Vision 2040.

How will the proximity to Dubai International Airport and Port Rashid impact the area's success?

The area's success is attributed to its proximity to Dubai International Airport and Port Rashid, which historically has been a key factor. This pattern is expected to repeat with the development of Al Maktoum Airport and Port Jali.

What is the expected capacity of Al Maktoum Airport when fully operational?

Al Maktoum Airport, when fully operational, is expected to cater to 220 million passengers per year and handle 16 million tons of cargo.

How will the EAD rail enhance connectivity in the area?

The EAD rail will pass through the area, potentially with a stop at Al Maktoum or nearby, enhancing connectivity and making the region more accessible.

What are the major road networks in the area that contribute to its connectivity?

The area boasts a robust road network including connectivity from Emirates Road, Sheikh Mohammed bin Zayed Road, and Expo Road, which provides access to Sheikh Zayed Road, a major artery in Dubai.

Why did the Chinese invest $2 billion US in the area?

The Chinese investment of around $2 billion US is aimed at creating the largest multimodal logistical corridor, approximately 18 km long, due to the area's strategic location and potential for economic growth.

How will the area contribute to Dubai's economy and job market?

The area is expected to generate around 500,000 jobs, contributing to 35% of Dubai's GDP, which will support a significant number of residents and families.

What major developers are involved in the development of the area?

Major developers like Expo City, Dubai South, and Emaar are involved in the development of the area, with projects ranging from urban living communities to golf course communities.

What is the significance of Emaar's track record in developing golf course communities?

Emaar's track record in developing successful golf course communities like Emirates Living, Arabian Ranches, and Dubai Hills Estate is significant, as it indicates a history of high appreciation for properties in such developments.

How does Emaar's Emaar South project compare to the potential of penny stocks?

Emaar South, an 18-hole Championship Golf Course Community, is likened to penny stocks in that it is an investment with potential for exponential returns in the future, similar to how penny stocks can offer significant growth.

What is the government's vision for the area, and how does it align with the development of major projects?

The government's vision for the area includes creating a hub for air, port, and rail connectivity, which aligns with the development of major projects like urban living communities and golf course communities, aiming to attract residents and stimulate economic growth.