Dubai South inks deal to develop premium golf community project
The community will feature several amenities along with mansions, villas and a 18-hole golf course
Dubai South has signed an agreement with Discovery Land for the development of a 2sqkm golf community within its master-planned city. In line with this, Discovery Land – a US-based luxury real estate developer and operator of private residential club communities – has purchased a plot of land worth $272.2mn for the development of the golf community.
To be built to the highest standards, the premium community development will feature mansions, villas, a 18-hole golf course, as well as other premier amenities on completion, thus becoming one of the top golf course communities in the region, said a statement from Dubai South.
The agreement was signed by Khalifa Al Zaffin, executive chairman of Dubai Aviation City Corporation and Dubai South, and Michael Meldman, founder and chairman of Discovery Land, in the presence of chairman of the Dubai Aviation City Corporation, Dubai South Sheikh Ahmed Bin Saeed Al Maktoum as well as other senior executives.
“The new project reiterates Dubai’s attractiveness to global investors and Dubai South’s unique ecosystem and advanced infrastructure, which caters to the needs of businesses and investors alike,” said Al Zaffin.
Dubai South was launched as a Dubai Government project in 2006, representing an emerging 145sqkm master-planned city. Positioned as a global commercial and residential hub and a major contributor to the social and economic growth of Dubai and the UAE, Dubai South offers business-friendly free-zone benefits and a living environment with a diverse range of mixed-use and residential communities to suit different lifestyles, the statement concluded.