
Bluechip Developments · Dubai
Dezire South Residences
Dubai Industrial City, Dubai, UAE
Bedrooms
Studio – 2 Bed
Type
Apartment
Payment Plan
Ready to move — ask a PropSentral advisor for current resale/payment terms
Handover
Delivered
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Status
Completed — Delivered, Real Site Photos
Buildings
2 (Building A & B), Ground + First Floor each
Total Units
~46 (self-counted from floor plans)
Marketed By
Dugasta Properties (not the developer)
Unit Sizes
At a Glance
- Genuinely delivered — dated Feb 2024 real site photography, not CGI
- Low-rise, 2-building community (Ground + First Floor each)
- Structured "Guaranteed Net 10% Return" program, 3 variants (disclosed as unverified marketing claim)
- Marketed by Dugasta Properties, which explicitly discloses it is not the developer
About this project
Dezire South Residences is a delivered, ready-to-move low-rise development (2 buildings, Ground + First Floor each) in Dubai Industrial City, built by Bluechip Developments. Genuinely dated site photography (February 2024) shows an occupied, furnished, lived-in building — real parked cars, bicycles, washing on balconies, and a finished ground-floor lobby — not CGI renders, among the strongest completion evidence found in this entire Dugasta-sourced batch. Studio (477 sq ft total), 1-Bedroom (792 sq ft total) and 2-Bedroom (1,188 sq ft total) layouts across roughly 46 units (self-counted from the brochure’s own floor plans; no explicit total-unit figure is stated). The brochure offers a structured "Guaranteed Net 10% Return" program with three variants (10% for 10 years without buyback; 8% for 10 years with an optional buyback; 10% for 5 years with a compulsory buyback) — reproduced below for disclosure as an unverified marketing claim. Marketed by Dugasta Properties as sales/marketing agent, but Dugasta’s own brochure explicitly states it is not the project’s developer.
Interior, fully-furnished — click to enlarge
Amenities
Family & Kids
- Children's play area
Lifestyle & Comfort
- Central air conditioning
Security & Access
- 24-hour security
Outdoor & Views
- Covered/assigned parking
Investment Factors
Sourced demand and location factors — not a score, forecast, or recommendation. Use these to inform your own judgement.
Completion Status — Strongly Corroborated
Among the strongest completion evidence in this entire batch — genuine dated photography, not CGI renders.
- Brochure’s own page 2 captioned "Actual Site Images" with "Ready-to-Move" headlineSource: Dugasta Dezire South Brochure, p.2
- 7 genuine dated WhatsApp photos (12 Feb 2024) in the source folder show a real, occupied, lived-in building — not rendersSource: Source zip, Pictures/ folder
Developer Identity — Not Dugasta
This brochure explicitly states, twice, that Dugasta is not the developer — an important distinction from every other listing in this Dugasta-sourced batch.
- Brochure states directly: "Note: DUGASTA is not the developer of the project."Source: Dugasta Dezire South Brochure, pp.1 & 8
- WebSearch independently corroborates Bluechip Developments as the real developer across multiple directory listingsSource: WebSearch, 2026-10-20
Developer Marketing Claims — Not Independently Verified
A structured 3-variant ROI/buyback program, reproduced from the brochure for disclosure only.
- Without buyback: "Guaranteed Net 10% ROI per Year for 10 Years" + service charge waiver for 10 yearsSource: Dugasta Dezire South Brochure, p.2
- With optional buyback after 10 years: "Guaranteed Net 8% ROI per Year for 10 Years" + service charge waiver for 10 yearsSource: Dugasta Dezire South Brochure, p.2
- With compulsory buyback after 5 years: "Guaranteed Net 10% ROI per Year for 5 Years" + service charge waiver for 5 yearsSource: Dugasta Dezire South Brochure, p.2
Not assessed here: competing/upcoming supply in the immediate area, projected capital growth, and future rental demand. These require independent research or a licensed local agent — ask a PropSentral advisor if you'd like help finding one.
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Location
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Map shows approximate project location. Exact site boundaries may vary.
About the Developer
Bluechip Developments
Bluechip Developments is a small Dubai-based developer, part of the wider Bluechip Group (whose related companies include Bluechip Real Estate and Bluechip Holiday Homes, per WebSearch-sourced directory listings), with a self-described conglomerate background spanning food, energy solutions and textile trading/manufacturing. Its own marketing describes "over a decade of experience" and positions itself as one of Dubai's fastest-growing private developers; neither claim is independently corroborated, and sources disagree on an exact founding year (2004/2005 appear on broker directories). This platform's source material (Dezire South Residences' own marketing brochure, distributed by Dugasta Properties as sales/marketing agent) explicitly states "DUGASTA is not the developer of the project" — WebSearch independently corroborates Bluechip Developments as the real developer via multiple directory listings (Square Yards, famproperties, Aigents Realty), though one unrelated third-party page incorrectly credits Dugasta — treated as an error given the developer's own brochure disclaimer takes precedence.
View all Bluechip Developments projectsFull Gallery
Pricing
Price upon request
Ready to move — ask a PropSentral advisor for current resale/payment terms · Handover Delivered
Dubai — Market Yield Range
5% – 12.5% gross p.a.
Market-wide historic data, not a forecast for this unit. PropSentral does not provide investment or financial advice — seek independent advice before deciding.
Full market intelligenceTypically replies within 2 hours
Developer-Direct Pricing
Same price as booking through the developer — zero resale markup.
One Advisor, Start to Finish
A single point of contact from reservation through to handover — no chain of resellers.
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