Acube Abodes Realty announces the successful groundbreaking ceremony of Altair 52, its latest premium residential development, which is taking shape in Dubai South. The milestone marks the official commencement of construction for the project, reinforcing the developer’s commitment to delivering high-quality, thoughtfully designed living spaces.
Altair 52 becomes one of the first residential projects to have commenced construction in the new year, marking a new beginning for Dubai’s high-growth real estate sector that has seen an unprecedented 215,700 property sales transaction last year worth $187bn, according to data sourced from Dubai Land Department.
Property developers completed 42,784 residential units last year, up 45% from 2024. Meanwhile, 177,624 new units were launched, a 6.1% increase, ensuring a healthy pipeline into 2026. Apartments accounted for the bulk of activity, with 170,448 sales worth $90.6bn, an increase of nearly 20%. Villa sales rose 11.1% to 34,671 units, totalling $56bn.
Dubai’s property market is forecast to see a significant influx of approximately 120,000 new home delivery in 2026, a major increase from 2024/2025, signaling a shift towards a more mature market with greater buyer choice and potential price stabilisation, though luxury segments remain strong. This large supply wave, driven by earlier launches, will test absorption, but historical delays mean actual deliveries might be lower than projections, softening immediate oversupply fears, with buyers becoming more discerning, the firm said in its statement.
Setting the tone for the construction activities for 2026, Altair 52 is envisioned as a contemporary residential development that blends modern architecture, efficient layouts, and lifestyle-oriented amenities. It is strategically located in Dubai South. The project benefits from seamless connectivity to major highways and proximity to Al Maktoum International Airport, as well as its easy access to key commercial and logistics hubs such as the Jebel Ali Free Port and Free Zone that will see increased economic activities, it added.
The groundbreaking ceremony was attended by senior management of Acube Abodes Realty, project consultants, contractors, and key stakeholders, which was said to symbolise a strong foundation built on trust, planning, and execution excellence.
Akshay Agarwal Founder and CEO of Acube Abodes Realty said, “The groundbreaking of Altair 52 represents a significant step forward in our journey as a developer. Dubai South continues to emerge as one of the most promising destinations in Dubai, and Altair 52 reflects our vision to create value-driven homes that combine design, functionality, and long-term investment potential.”
Designed to cater to both end-users and investors, Altair 52 will offer well-planned residential units complemented by modern amenities, landscaped spaces, and community-focused features, aligning with Dubai South’s vision of a sustainable and future-ready urban ecosystem.
Meanwhile, 70% of the residential units at Altair 52 has been sold out by the project’s master broker Golden Bricks, marking a significant achievement in the project’s progress that reflects customer confidence in Acube Abodes Realty. This also reflects Golden Bricks’ strong market presence, customer trust, and effective sales strategies, further establishing the company as a leading force in premium residential property brokerage, the statement noted.
The impressive response from buyers reflects the appeal of Altair 52’s modern design, strategic location, and lifestyle offerings, reinforcing Golden Bricks’ commitment to delivering exceptional real estate solutions.
Construction activities are now underway, with the developer reaffirming its focus on timely delivery, quality standards, and customer satisfaction. Once completed in 2027, Altair 52 will deliver 52 studios, one-, two- and three-bedroom apartments that comes with lots of lifestyle facilities and amenities.
Acube Abodes Realty also announced that it will launch two new projects – Altair 72 and Altair 92 – in Dubai South.
Acube Abodes Realty breaks ground on Altair 52 in Dubai South Middle East Construction News.
Hence then, the article about acube abodes realty breaks ground on altair 52 in dubai south was published today ( ) and is available on ME CONSTRUCTION NEWS ( United Arab Emirates ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( Acube Abodes Realty breaks ground on Altair 52 in Dubai South )
Also on site :
- This tiny detail in Michael Jackson's music videos could finally solve mystery of who REALLY fathered his children - and it's not Marlon Brando. But it's the Prince of Pop's harrowing confession to the actor that will truly chill you to the
- Migrant on disability benefits who has spent a year in retirement home with family says evicting them would 'breach human rights' - despite deluge of complaints from elderly neighbours over 'screaming and crying' children
- The power couple loved by Trump and loathed by liberals: Stephen Miller has vowed to oversee the biggest deportation in US history and even allies say he has the 'bedside manner of Himmler'... and his wife is no shrinking violet either!