Dubai International Financial Centre (DIFC) has unveiled The Residences, a residential development to be launched within Phase A of the DIFC Zabeel District.
The project marks an expansion of DIFC into mixed-use development. It is the first residential scheme within the Zabeel District and is developed and overseen by DIFC Developments.
The Residences comprises two towers with 463 homes. According to DIFC, the project is intended to combine work, wellbeing and culture within one district.
DIFC to begin sales for The Residences on February 12
“The Residences represents the residential pinnacle of the DIFC Zabeel District and marks a significant step in the evolution of DIFC as a place to live, work and thrive. This development reflects our commitment to setting new benchmarks for the next chapter in Dubai’s story, where design excellence, wellbeing and connectivity come together to create an exceptional urban experience,” Saleh Al Akrabi, Chief Real Estate Officer at DIFC Investments said in a statement.
The Zabeel District is planned to link with future city infrastructure, including connectivity to the Dubai Loop, and to connect with arterial road networks.
The DIFC Zabeel District covers 7.1 million sq ft and has a total gross floor area of 17.7 million sq ft. DIFC said it represents the largest demand-led expansion of a financial centre in the region, with an estimated gross development value above AED100 billion.
Sales for The Residences will begin on February 12, with registrations of interest now open.
