Qutbee Group

Qutbee Group
Join us for the better future

Innovative - Visionary - Impactful

Investing in the future

Our Businesses:

1) Technology: "Innovating the future, one byte at a time."
2) Health Care: "Caring for you, every step of the way."
3) Career Counselling: "Guiding your path to a brighter tomorrow."
4) Real Estate: "Turning dreams into addresses."
5) Event Management: "Crafting unforgettable experiences."
6) Sports: "Fueling passion, achieving excellence."

visit our Official Website www.group.qutbee.com
join us on LinkedIn: https://www.linkedin.com/company/qutbeegroup
Email: [email protected]

Dubai South Properties, a key player in Dubai's development scene, has awarded a hefty contract valued at AED 1.5 billion (USD 408 million) to Al Kharafi Construction Company. This strategic move marks the beginning of construction for the third, fourth, and fifth phases of the highly anticipated South Bay project. Al Kharafi, a well-established contractor, will be responsible for bringing these phases to life. The fourth phase, slated for completion in the first quarter of 2027, will feature a diverse range of residences, including three-, four-, and five-bedroom villas, with a limited number of expansive five- and seven-bedroom mansions. This project signifies Dubai South Properties' commitment to creating premium living spaces that cater to the demand for quality residences with world-class amenities within the Dubai South development.

The Qatari real estate market shows positive signs of consistent activity. A weekly bulletin from the Ministry of Justice's Real Estate Registration Department revealed that transactions for the week, reached a total value of QR 183,391,822 (roughly USD 55.49 million). This encompasses a variety of properties, including vacant land, houses, residential buildings, and individual units. While specific details regarding the number of transactions or the breakdown by property type are unavailable, these figures suggest a steady flow of buying and selling activity within the Qatari property market.