Mimo Legal Consulting

Master developer Dubai South started selling homes starting at AED 280,000 ($76,000), which it described as “never-seen-before” market prices.

Residential units up for sale at the residential development the Pulse within Dubai South include studios, one-, two-, and three-bedroom apartments, as well as two- and three-bedroom tiered town-houses within a secure gated community.

The prices are highly competitive and are selling quickly due to the fact that Expo 2020 will take place in Dubai South area and therefore the properties present high-yielding investment opportunity in a long run.

“The units, which will be ready for occupancy in 2019, are designed by world-class architects and boast elegant facilities including club houses with a gym, pool, children’s playground and a yoga lounge.”

The Pulse will be situated in the Dubai South Residential District, and centred around a 70-metre wide, six-lane Boulevard. Khalifa Al Zaffin, Executive Chairman of Dubai Aviation City Corporation and Dubai South, said buyers are being offered a “once-in-a-lifetime opportunity of purchasing their dream home in Dubai South at very competitive prices”.

Dubai South, being built around the Al Maktoum International Airport, is in close proximity to Jebel Ali Free Zone, Dubai Investment Park and the Expo 2020 site.

Free Zone Benefits

As a free economic zone, Dubai South also offers companies full free zone benefits to setup and operate a business. Companies can enjoy operating from the Business Park buildings that are fully completed and ready for immediate use. The Business Park offers fitted-out, ready-to-use offices as wells as core and shall commercial spaces that can be shaped and designed in accordance with client specifications. A major advantage of the Dubai South Business Park buildings is that major companies can consolidate their offices into large contiguous floors either vertically or horizontally.

Moreover, companies can benefit from the free zone environment offered by the Dubai South and enjoy advantages such as:

  • 100% foreign ownership
  • 100 per cent tax-free operations
  • 100% repatriation of capital and profits is allowed
  • no tax or duty for import and export
  • flexible commercial lease terms
  • wide range of business activities are available
  • minimum documentation to setup a company
  • no proof of share capital
  • no currency restrictions
  • competitive rates
  • state-of-the-art facilities
  • and direct access to Jebel Ali Sea Port and Al Maktoum International Airport

You can find more infromation about doing business in Dubai South on this link.

If you are looking to invest or setup business in Dubai South, please contact us for assistance.