{
    "entity_type": "real_estate_project",
    "name": "South Bay 2",
    "url": "https://continentalclub.ae/project/south-bay-2-south-bay-2/",
    "language": "en",
    "developer": {
        "name": "Dubai South Properties Dwc",
        "url": "https://continentalclub.ae/developers/dubai-south-properties-dwc/",
        "registry_name": ""
    },
    "location": {
        "community": "South Bay 2",
        "url": "https://continentalclub.ae/location/south-bay-2/",
        "city": "Dubai",
        "country": "AE"
    },
    "dld": {
        "project_number": "2584",
        "status": "",
        "completion_percent": 93.8,
        "inspection_date": "2026-06-30",
        "escrow_bank": "Dubai Islamic Bank",
        "units_in_registry": 145,
        "inspections": [
            {
                "date": "2023-02-22",
                "completion_percent": 0
            },
            {
                "date": "2024-07-23",
                "completion_percent": 13.62
            },
            {
                "date": "2024-12-24",
                "completion_percent": 41.19
            },
            {
                "date": "2025-11-04",
                "completion_percent": 90.42
            },
            {
                "date": "2026-06-30",
                "completion_percent": 93.8
            }
        ],
        "pace": {
            "percent_per_month": 0.43,
            "basis_from": "2025-11-04",
            "basis_to": "2026-06-30",
            "projected_completion": "2027-09-09",
            "origin": "calculation"
        }
    },
    "commercial": {
        "starting_price_aed": 3675000,
        "price_origin": "ours",
        "currency": "AED",
        "units": 145,
        "handover": "Q2 2026",
        "handover_from": "developer",
        "handover_registry": "",
        "stage": "",
        "payment_plan": "80/20",
        "down_payment_pct": null,
        "service_charge_aed_sqft": null
    },
    "unit_types": null,
    "dld_sales": {
        "deals": 184,
        "first_year": 2023,
        "last_year": 2026,
        "median_aed_sqm": 8934,
        "resale_share_pct": 11,
        "yoy_change_pct": 18,
        "deals_last_12m": 16,
        "gross_yield_pct": null,
        "bulk_registration": null,
        "by_bedrooms": [
            {
                "type": "3 bedrooms",
                "deals": 21,
                "median_price_aed": 2350000,
                "median_size_sqm": 195,
                "aed_per_sqm": 12051
            },
            {
                "type": "6 bedrooms",
                "deals": 6,
                "median_price_aed": 3100000,
                "median_size_sqm": 348,
                "aed_per_sqm": 8908
            },
            {
                "type": "4 bedrooms",
                "deals": 68,
                "median_price_aed": 3200000,
                "median_size_sqm": 370,
                "aed_per_sqm": 8649
            },
            {
                "type": "5 bedrooms",
                "deals": 68,
                "median_price_aed": 3650000,
                "median_size_sqm": 422,
                "aed_per_sqm": 8649
            }
        ],
        "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": 184,
            "first_date": "2023-08-07",
            "last_date": "2026-10-02",
            "last_12m": {
                "n": 16,
                "median_price_aed": 4500000,
                "median_aed_sqm": 11755,
                "median_aed_sqft": 1092,
                "resale_share_pct": 6
            },
            "previous_12m": {
                "n": 20,
                "median_price_aed": 3900000,
                "median_aed_sqm": 9992,
                "median_aed_sqft": 928,
                "resale_share_pct": 5
            },
            "change_aed_sqm_last_12m_vs_previous_pct": 18,
            "by_year": [
                {"period":"2023","n":143,"median_price_aed":3300000,"median_aed_sqm":8708,"median_aed_sqft":809,"resale_share_pct":13},
                {"period":"2024","n":11,"median_price_aed":3650000,"median_aed_sqm":8684,"median_aed_sqft":807,"resale_share_pct":0},
                {"period":"2025","n":18,"median_price_aed":4125000,"median_aed_sqm":10823,"median_aed_sqft":1005,"resale_share_pct":6},
                {"period":"2026","n":12,"median_price_aed":4575000,"median_aed_sqm":11364,"median_aed_sqft":1056,"resale_share_pct":8}
            ],
            "by_quarter": [
                {"period":"2023-Q3","n":133,"median_price_aed":3300000,"median_aed_sqm":8658,"median_aed_sqft":804,"resale_share_pct":8},
                {"period":"2023-Q4","n":10,"median_price_aed":9000000,"median_aed_sqm":12649,"median_aed_sqft":1175,"resale_share_pct":90},
                {"period":"2024-Q3","n":4,"median_price_aed":3200000,"median_aed_sqm":10061,"median_aed_sqft":935,"resale_share_pct":0},
                {"period":"2024-Q4","n":7,"median_price_aed":3650000,"median_aed_sqm":8684,"median_aed_sqft":807,"resale_share_pct":0},
                {"period":"2025-Q1","n":10,"median_price_aed":4000000,"median_aed_sqm":10527,"median_aed_sqft":978,"resale_share_pct":0},
                {"period":"2025-Q2","n":4,"median_price_aed":3200000,"median_aed_sqm":15897,"median_aed_sqft":1477,"resale_share_pct":25},
                {"period":"2025-Q4","n":4,"median_price_aed":4500000,"median_aed_sqm":12944,"median_aed_sqft":1203,"resale_share_pct":0},
                {"period":"2026-Q1","n":2,"median_price_aed":null,"median_aed_sqm":null,"median_aed_sqft":null,"resale_share_pct":null},
                {"period":"2026-Q2","n":3,"median_price_aed":4350000,"median_aed_sqm":11783,"median_aed_sqft":1095,"resale_share_pct":0},
                {"period":"2026-Q3","n":6,"median_price_aed":5100000,"median_aed_sqm":11239,"median_aed_sqft":1044,"resale_share_pct":17},
                {"period":"2026-Q4","n":1,"median_price_aed":null,"median_aed_sqm":null,"median_aed_sqft":null,"resale_share_pct":null}
            ],
            "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":"2026-11-04","type":"3 B/R","bedrooms":3,"area_sqm":352.2,"price_aed":4375000,"aed_per_sqm":12421,"market":"primary"},
            {"date":"2026-10-02","type":"4 B/R","bedrooms":4,"area_sqm":369.6,"price_aed":4100000,"aed_per_sqm":11093,"market":"primary"},
            {"date":"2026-08-26","type":"5 B/R","bedrooms":5,"area_sqm":467.9,"price_aed":5500000,"aed_per_sqm":11755,"market":"primary"},
            {"date":"2026-07-22","type":"5 B/R","bedrooms":5,"area_sqm":438.2,"price_aed":3600000,"aed_per_sqm":8215,"market":"primary"},
            {"date":"2026-07-22","type":"5 B/R","bedrooms":5,"area_sqm":425.1,"price_aed":3675000,"aed_per_sqm":8646,"market":"primary"},
            {"date":"2026-07-22","type":"5 B/R","bedrooms":5,"area_sqm":467.9,"price_aed":3700000,"aed_per_sqm":7908,"market":"primary"},
            {"date":"2026-07-17","type":"5 B/R","bedrooms":5,"area_sqm":453.8,"price_aed":5100000,"aed_per_sqm":11239,"market":"primary"},
            {"date":"2026-07-15","type":"","bedrooms":null,"area_sqm":851.1,"price_aed":12750000,"aed_per_sqm":14980,"market":"resale"},
            {"date":"2026-05-15","type":"5 B/R","bedrooms":5,"area_sqm":369.2,"price_aed":4350000,"aed_per_sqm":11783,"market":"primary"},
            {"date":"2026-05-15","type":"4 B/R","bedrooms":4,"area_sqm":369.6,"price_aed":4200000,"aed_per_sqm":11364,"market":"primary"},
            {"date":"2026-04-21","type":"6 B/R","bedrooms":6,"area_sqm":339.8,"price_aed":4575000,"aed_per_sqm":13462,"market":"primary"},
            {"date":"2026-03-09","type":"5 B/R","bedrooms":5,"area_sqm":392.4,"price_aed":5300000,"aed_per_sqm":13507,"market":"primary"},
            {"date":"2026-02-20","type":"5 B/R","bedrooms":5,"area_sqm":487.8,"price_aed":5350000,"aed_per_sqm":10969,"market":"primary"},
            {"date":"2025-12-22","type":"4 B/R","bedrooms":4,"area_sqm":411.1,"price_aed":4350000,"aed_per_sqm":10582,"market":"primary"},
            {"date":"2025-12-16","type":"6 B/R","bedrooms":6,"area_sqm":347.7,"price_aed":4500000,"aed_per_sqm":12944,"market":"primary"},
            {"date":"2025-12-09","type":"5 B/R","bedrooms":5,"area_sqm":392,"price_aed":5300000,"aed_per_sqm":13520,"market":"primary"},
            {"date":"2025-11-07","type":"5 B/R","bedrooms":5,"area_sqm":356.2,"price_aed":4400000,"aed_per_sqm":12352,"market":"primary"},
            {"date":"2025-06-30","type":"","bedrooms":null,"area_sqm":672,"price_aed":8000000,"aed_per_sqm":11905,"market":"resale"},
            {"date":"2025-06-16","type":"3 B/R","bedrooms":3,"area_sqm":195,"price_aed":3200000,"aed_per_sqm":16410,"market":"primary"},
            {"date":"2025-05-28","type":"4 B/R","bedrooms":4,"area_sqm":277.2,"price_aed":3019500,"aed_per_sqm":10893,"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-2-south-bay-2.md",
    "updated_at": "2026-11-05",
    "translations": {
        "en": "https://continentalclub.ae/project/south-bay-2-south-bay-2/",
        "ru": "https://continentalclub.ae/ru/project/south-bay-2-south-bay-2-ru/"
    }
}