JV Development Plot in Dubai South | 73,498 sq.ft GFA | Residential Building G+5

707 Real Estate presents a second freehold joint venture plot in Dubai South, this one approved for a residential building development with a structured, milestone-based payment schedule that eases developer cash flow. Dubai South continues to attract strong investor and end-user interest driven by Al Maktoum International Airport, Expo City Dubai, and the wider Dubai 2040 masterplan. Plot Highlights: - Development Type: Residential Building - Height Envelope: G + 5 - Plot Area: 40,833 sq.ft - Approved GFA: 73,498 sq.ft - Ownership: Freehold Commercial & JV Terms: - Landowner Net Demand: AED 40,000,000 - Upfront Payment: AED 8,000,000 (deductible) - Milestone 2: AED 8,000,000 at 6 months - Milestone 3: AED 8,000,000 at 12 months - Milestone 4: AED 16,000,000 at 18 to 20 months This structured payment schedule aligns with typical off-plan launch and construction cash inflows, making it particularly attractive for developers running lean equity models. Ideal for mid-sized developers targeting the affordable-to-mid segment. Contact 707 Real Estate for the full JV proposal, affection plan, and landowner introduction.