DUBAI, UAE – Acube Abodes Realty has officially broken ground on its latest premium residential venture, Altair 52, situated within the rapidly expanding master community of Dubai South. This ceremonial event signifies the formal initiation of construction activities, underscoring the developer’s dedication to creating high-caliber, meticulously designed residential spaces.
The project launch arrives during a period of exceptional growth for Dubai’s property sector, which recorded an unprecedented 215,700 sales transactions valued at Dh686.8 billion in the previous year, according to official data from the Dubai Land Department. Market analytics reveal developers delivered 42,784 residential units in 2025, marking a substantial 45% increase from 2024 figures, while new unit launches reached 177,624, representing a 6.1% year-on-year growth.
Altair 52 emerges as a contemporary residential development characterized by its modern architectural design, space-efficient layouts, and comprehensive lifestyle amenities. Strategically positioned within Dubai South, the project offers exceptional connectivity to major transportation arteries and proximity to Al Maktoum International Airport. Its location provides convenient access to crucial commercial and logistics centers, including the Jebel Ali Free Port and Free Zone, which are poised for increased economic activity.
The groundbreaking ceremony gathered senior executives from Acube Abodes Realty, project consultants, contracting partners, and key stakeholders, symbolizing a collaborative foundation built on strategic planning and execution excellence.
Akshay Agarwal, Founder and CEO of Acube Abodes Realty, stated: ‘The commencement of Altair 52 represents a pivotal advancement in our developmental trajectory. Dubai South continues to establish itself as one of Dubai’s most promising destinations, and this project embodies our vision to create value-driven residences that harmonize design excellence, functional practicality, and long-term investment potential.’
Market indicators suggest Dubai’s property landscape is anticipating approximately 120,000 new home deliveries in 2026, signaling a transition toward a more mature market characterized by enhanced buyer selection and potential price stabilization, though luxury segments maintain their strength.
Demonstrating remarkable market confidence, master broker Golden Bricks has already secured sales for 70% of Altair 52’s residential inventory. This robust presales performance reflects both consumer trust in Acube Abodes Realty’s development capabilities and Golden Bricks’ formidable market presence and sales efficacy within the premium residential brokerage sector.
Concurrently, Acube Abodes Realty has announced forthcoming launches of two additional projects – Altair 72 and Altair 92 – within Dubai South. Construction operations are currently progressing, with the developer reaffirming its commitment to timely project delivery, quality assurance, and customer satisfaction. Upon completion in 2027, Altair 52 will introduce 52 meticulously appointed studios, alongside one-, two-, and three-bedroom apartments complemented by extensive lifestyle facilities and amenities.