The development of Al Maktoum International Airport (DWC) is gaining momentum as Dubai awards contracts worth over AED 1 billion for Phase 1. The transformative project aims to support up to one million people through employment and housing – marking a bold step in Dubai’s economic diversification and urban expansion.
Dubai has officially launched Phase 1 of the Al Maktoum International Airport project at Dubai World Central (DWC), a transformative initiative expected to accommodate over 1 million people through employment and residential development. With over Dh1 billion in contracts already awarded, this futuristic aviation hub is not just reshaping air travel—it’s redefining the investment landscape in the region.
Khalifa Al Zaffin, Executive Chairman of DAEP, emphasized the project’s role in boosting Dubai’s economic resilience. Thousands of jobs will be created in construction, aviation, logistics, hospitality, and cargo—key sectors aligning with Dubai’s long-term diversification strategy.
With enabling works and foundational infrastructure already underway, Dubai South is set to emerge as one of the most dynamic property sub-markets in the UAE. The synergy between aviation growth and real estate potential makes this a prime window for early-stage investment in commercial plots, logistics facilities, and residential communities.
The DWC project is not just an airport; it’s a city-scale ecosystem that will anchor future growth and yield strong property returns. Stakeholders across hospitality, real estate development, and infrastructure sectors should position now to benefit from long-term compounding demand.
