{
    "entity_type": "real_estate_project",
    "name": "South Bay 1",
    "url": "https://continentalclub.ae/project/south-bay-1-south-bay-1/",
    "language": "en",
    "developer": {
        "name": "Dubai South Properties Dwc",
        "url": "https://continentalclub.ae/developers/dubai-south-properties-dwc/",
        "registry_name": ""
    },
    "location": {
        "community": "South Bay 1",
        "url": "https://continentalclub.ae/location/south-bay-1/",
        "city": "Dubai",
        "country": "AE"
    },
    "dld": {
        "project_number": "2452",
        "status": "",
        "completion_percent": 93.72,
        "inspection_date": "2026-07-23",
        "escrow_bank": "Dubai Islamic Bank",
        "units_in_registry": 251,
        "inspections": [
            {
                "date": "2022-09-20",
                "completion_percent": 0
            },
            {
                "date": "2024-10-18",
                "completion_percent": 61.37
            },
            {
                "date": "2025-07-11",
                "completion_percent": 90.6
            },
            {
                "date": "2026-04-25",
                "completion_percent": 92.03
            },
            {
                "date": "2026-07-23",
                "completion_percent": 93.72
            }
        ],
        "pace": {
            "percent_per_month": 0.58,
            "basis_from": "2026-04-25",
            "basis_to": "2026-07-23",
            "projected_completion": "2027-06-18",
            "origin": "calculation"
        }
    },
    "commercial": {
        "starting_price_aed": 3000000,
        "price_origin": "ours",
        "currency": "AED",
        "units": 251,
        "handover": "Q1 2025",
        "handover_from": "developer",
        "handover_registry": "",
        "stage": "",
        "payment_plan": "",
        "down_payment_pct": null,
        "service_charge_aed_sqft": null
    },
    "unit_types": null,
    "dld_sales": {
        "deals": 321,
        "first_year": 2022,
        "last_year": 2026,
        "median_aed_sqm": 8929,
        "resale_share_pct": 12,
        "yoy_change_pct": -3,
        "deals_last_12m": 17,
        "gross_yield_pct": null,
        "bulk_registration": null,
        "by_bedrooms": [
            {
                "type": "3 bedrooms",
                "deals": 35,
                "median_price_aed": 2100000,
                "median_size_sqm": 195,
                "aed_per_sqm": 10769
            },
            {
                "type": "4 bedrooms",
                "deals": 123,
                "median_price_aed": 2900000,
                "median_size_sqm": 370,
                "aed_per_sqm": 7838
            },
            {
                "type": "5 bedrooms",
                "deals": 124,
                "median_price_aed": 3500000,
                "median_size_sqm": 392,
                "aed_per_sqm": 8929
            }
        ],
        "scope": "all registered sales (DLD open data), medians over the whole period"
    },
    "dld_history": {
        "scope": "all registered sales and rental contracts of this DLD project number, grouped by calendar quarter and year; medians (upper median), AED; medians shown only where a period has 3+ records",
        "generated": "2026-11-02",
        "sales": {
            "records": 321,
            "first_date": "2022-12-13",
            "last_date": "2026-09-25",
            "last_12m": {
                "n": 17,
                "median_price_aed": 5000000,
                "median_aed_sqm": 12424,
                "median_aed_sqft": 1154,
                "resale_share_pct": 18
            },
            "previous_12m": {
                "n": 24,
                "median_price_aed": 4500000,
                "median_aed_sqm": 12819,
                "median_aed_sqft": 1191,
                "resale_share_pct": 4
            },
            "change_aed_sqm_last_12m_vs_previous_pct": -3,
            "by_year": [
                {"period":"2022","n":123,"median_price_aed":2900000,"median_aed_sqm":8033,"median_aed_sqft":746,"resale_share_pct":0},
                {"period":"2023","n":134,"median_price_aed":3400000,"median_aed_sqm":8929,"median_aed_sqft":830,"resale_share_pct":26},
                {"period":"2024","n":28,"median_price_aed":3625000,"median_aed_sqm":10104,"median_aed_sqft":939,"resale_share_pct":0},
                {"period":"2025","n":23,"median_price_aed":4700000,"median_aed_sqm":12883,"median_aed_sqft":1197,"resale_share_pct":9},
                {"period":"2026","n":13,"median_price_aed":5000000,"median_aed_sqm":12371,"median_aed_sqft":1149,"resale_share_pct":15}
            ],
            "by_quarter": [
                {"period":"2022-Q4","n":123,"median_price_aed":2900000,"median_aed_sqm":8033,"median_aed_sqft":746,"resale_share_pct":0},
                {"period":"2023-Q1","n":32,"median_price_aed":2950000,"median_aed_sqm":8939,"median_aed_sqft":830,"resale_share_pct":0},
                {"period":"2023-Q2","n":62,"median_price_aed":3450000,"median_aed_sqm":8929,"median_aed_sqft":830,"resale_share_pct":29},
                {"period":"2023-Q3","n":34,"median_price_aed":3450000,"median_aed_sqm":8801,"median_aed_sqft":818,"resale_share_pct":44},
                {"period":"2023-Q4","n":6,"median_price_aed":4100000,"median_aed_sqm":9634,"median_aed_sqft":895,"resale_share_pct":33},
                {"period":"2024-Q1","n":8,"median_price_aed":3000000,"median_aed_sqm":10588,"median_aed_sqft":984,"resale_share_pct":0},
                {"period":"2024-Q2","n":8,"median_price_aed":3850000,"median_aed_sqm":9949,"median_aed_sqft":924,"resale_share_pct":0},
                {"period":"2024-Q3","n":6,"median_price_aed":3900000,"median_aed_sqm":11480,"median_aed_sqft":1067,"resale_share_pct":0},
                {"period":"2024-Q4","n":6,"median_price_aed":4500000,"median_aed_sqm":11078,"median_aed_sqft":1029,"resale_share_pct":0},
                {"period":"2025-Q1","n":1,"median_price_aed":null,"median_aed_sqm":null,"median_aed_sqft":null,"resale_share_pct":null},
                {"period":"2025-Q2","n":8,"median_price_aed":4700000,"median_aed_sqm":13010,"median_aed_sqft":1209,"resale_share_pct":0},
                {"period":"2025-Q3","n":8,"median_price_aed":4500000,"median_aed_sqm":12883,"median_aed_sqft":1197,"resale_share_pct":0},
                {"period":"2025-Q4","n":6,"median_price_aed":5050000,"median_aed_sqm":13074,"median_aed_sqft":1215,"resale_share_pct":17},
                {"period":"2026-Q1","n":3,"median_price_aed":4100000,"median_aed_sqm":11964,"median_aed_sqft":1111,"resale_share_pct":0},
                {"period":"2026-Q3","n":10,"median_price_aed":5150000,"median_aed_sqm":12446,"median_aed_sqft":1156,"resale_share_pct":20}
            ],
            "corridor": "price per m2 between 3,000 and 200,000 AED"
        },
        "rent": {
            "records": 0,
            "first_date": null,
            "last_date": null,
            "last_12m": null,
            "previous_12m": null,
            "by_year": [],
            "by_quarter": [],
            "corridor": "annual rent per m2 between 50 and 20,000 AED"
        },
        "recent_sales": [
            {"date":"2026-11-05","type":"5 B/R","bedrooms":5,"area_sqm":392,"price_aed":4975000,"aed_per_sqm":12691,"market":"primary"},
            {"date":"2026-09-25","type":"5 B/R","bedrooms":5,"area_sqm":392,"price_aed":5000000,"aed_per_sqm":12755,"market":"primary"},
            {"date":"2026-09-22","type":"5 B/R","bedrooms":5,"area_sqm":422.4,"price_aed":5225000,"aed_per_sqm":12371,"market":"primary"},
            {"date":"2026-09-09","type":"5 B/R","bedrooms":5,"area_sqm":419.2,"price_aed":5000000,"aed_per_sqm":11928,"market":"primary"},
            {"date":"2026-08-27","type":"5 B/R","bedrooms":5,"area_sqm":573.1,"price_aed":5500000,"aed_per_sqm":9596,"market":"primary"},
            {"date":"2026-08-27","type":"5 B/R","bedrooms":5,"area_sqm":392,"price_aed":5150000,"aed_per_sqm":13138,"market":"primary"},
            {"date":"2026-08-21","type":"5 B/R","bedrooms":5,"area_sqm":392,"price_aed":4000000,"aed_per_sqm":10204,"market":"primary"},
            {"date":"2026-08-20","type":"4 B/R","bedrooms":4,"area_sqm":369.6,"price_aed":3000000,"aed_per_sqm":8117,"market":"primary"},
            {"date":"2026-08-20","type":"","bedrooms":null,"area_sqm":869.3,"price_aed":13800000,"aed_per_sqm":15875,"market":"resale"},
            {"date":"2026-07-27","type":"","bedrooms":null,"area_sqm":972.2,"price_aed":16000000,"aed_per_sqm":16457,"market":"resale"},
            {"date":"2026-07-15","type":"4 B/R","bedrooms":4,"area_sqm":369.6,"price_aed":4600000,"aed_per_sqm":12446,"market":"primary"},
            {"date":"2026-02-10","type":"4 B/R","bedrooms":4,"area_sqm":369.6,"price_aed":3000000,"aed_per_sqm":8117,"market":"primary"},
            {"date":"2026-01-08","type":"4 B/R","bedrooms":4,"area_sqm":330,"price_aed":4100000,"aed_per_sqm":12424,"market":"primary"},
            {"date":"2026-01-02","type":"4 B/R","bedrooms":4,"area_sqm":384.5,"price_aed":4600000,"aed_per_sqm":11964,"market":"primary"},
            {"date":"2025-12-05","type":"5 B/R","bedrooms":5,"area_sqm":392,"price_aed":5150000,"aed_per_sqm":13138,"market":"primary"},
            {"date":"2025-11-28","type":"","bedrooms":null,"area_sqm":342.7,"price_aed":3600000,"aed_per_sqm":10504,"market":"resale"},
            {"date":"2025-11-10","type":"5 B/R","bedrooms":5,"area_sqm":392,"price_aed":5050000,"aed_per_sqm":12883,"market":"primary"},
            {"date":"2025-11-07","type":"5 B/R","bedrooms":5,"area_sqm":392,"price_aed":5125000,"aed_per_sqm":13074,"market":"primary"},
            {"date":"2025-10-27","type":"5 B/R","bedrooms":5,"area_sqm":392,"price_aed":4850000,"aed_per_sqm":12372,"market":"primary"},
            {"date":"2025-10-01","type":"4 B/R","bedrooms":4,"area_sqm":255,"price_aed":3800000,"aed_per_sqm":14902,"market":"primary"}
        ],
        "recent_rents": [],
        "recent_note": "latest registered transactions, anonymised: date, type, size, price only",
        "source": "Dubai Land Department open data (sales transactions; Ejari rental contracts)"
    },
    "sources": {
        "construction": "Dubai Land Department (Mashrooi project register)",
        "handover": "Developer",
        "price": "Developer",
        "payment_plan": "Developer",
        "dld_sales": "Dubai Land Department open data (registered sales transactions)",
        "dld_history": "Dubai Land Department open data (sales transactions and Ejari rental contracts); medians computed by Continental Club Property",
        "origin_labels": "https://continentalclub.ae/methodology/#provenance"
    },
    "license": "CC BY 4.0",
    "attribution": "Continental Club Property, based on Dubai Land Department registry and developer data",
    "markdown": "https://continentalclub.ae/project/south-bay-1-south-bay-1.md",
    "updated_at": "2026-11-06",
    "translations": {
        "en": "https://continentalclub.ae/project/south-bay-1-south-bay-1/",
        "ru": "https://continentalclub.ae/ru/project/south-bay-1-south-bay-1-ru/"
    }
}