HOW DOES THE AIRPORT RELOCATION BOOST THE REAL ESTATE SECTOR IN DUBAI

The UAE’s air transportation sector is undergoing a major transformation as current operations at DXB Airport are set to be transferred to the new Al Maktoum International Airport. Spanning 56 sq km, this shift marks a significant step that will have ripple effects across multiple industries.

Having handled cargo operations since 2010 and passenger flights since 2013, Al Maktoum International is poised to become the world’s largest airport by capacity, with a target of accommodating 260 million passengers annually. Located in the southern part of the Emirate, the project will be executed in two main phases:

• 2024 - 2030: Expand passenger capacity to 130 million annually, while partially transitioning commercial flights.

• 2030 and beyond: Achieve full operational capacity and gradually transfer the majority of passenger flight operations from DXB.

This transformation is a key part of Dubai’s broader transport and logistics vision, outlined under the Dubai 2040 Master Plan. The move away from DXB stems from spatial limitations at the current airport, despite it being one of the busiest in the world.

How Will This Impact Dubai's Real Estate Industry?

Situated in the Dubai South district, adjacent to Jebel Ali Port and the Etihad Rail Freight network-the communities around this strategic hub are poised to become prime real estate zones for economic, commercial, and residential activity.

As a newly developing community, projects in and around the airport embrace modern planning standards, including LEED certification, smart technology integration, and energy-efficient, sustainable practices. These align directly with the Dubai Clean Energy Strategy 2050 and the Dubai Net Zero Carbon Emissions Strategy.

This project doesn’t just enhance international flight operations and logistics; it also drives the development of commercial and residential real estate nearby. As a result, land and property values in Dubai South are expected to rise significantly, offering substantial returns and capital gains for early investors.

Beyond property ownership, the development creates massive opportunities for service providers, entrepreneurs, and investors to cater to the growing community. The airport’s operation will impact real estate, business, tourism, logistics, employment, and more. Projections estimate that Dubai South will house 1 million residents by 2040, and this infrastructure expansion plays a key role in supporting that growth.

Why Should You Pay Attention?

Whether you’re a homebuyer, investor, business owner, or job seeker, keeping a close eye on Dubai’s evolving property landscape is essential for making smart decisions. But navigating the market without industry knowledge can be time-consuming and uncertain.

That’s why it’s crucial to seek professional guidance. At Anarock Middle East, our expert consultants analyze every micro-shift in the market to support your real estate goals-negotiating the best deals and helping you make informed decisions in one of the world’s fastest-growing cities.

Get in touch with us to share your requirements, or visit our offices. Let us help you unlock the potential of Dubai South and beyond.