December 4, 2023
Business Real Estate

DIFC’s first residential offering fully sold out at record pace

Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa, and South Asia (MEASA) region, has announced that its first residential offering ‘DIFC Living’ has entirely sold out at record pace, reaffirming the strong demand for residential property at the heart of DIFC, further elevating the destination’s lifestyle offering.

The first residential project by DIFC to open for sale, DIFC Living will feature over 170 upscale residences that embrace the future of living. The mixed-use development with independent yet connected, residential and commercial uses is scheduled for completion by Q3 2026. Sales of residences in the unique 186-metre, 41-storey tower launched on September 20, 2023.

Saleh Al Akrabi, Chief Real Estate Officer, DIFC Investments, said: “The response to DIFC’s first residential offering, ‘DIFC Living’, has been outstanding as residents seek to reside in one of the world’s leading financial hubs and harmonious urban living destinations. Buyers are demanding more in terms of smart living with a varied lifestyle offering, which is why our mixed-use development combines residences with grade A workspaces, world-class amenities and dining experiences. ‘DIFC Living’ is clearly resonating with the market and our international community, which is phenomenal.”

The design of ‘DIFC Living’ adheres to LEED ratings and 24 storeys of the 41 storeys of the building will be devoted to residences, offering a broad mix of unit types ranging from one- to three-bedroom residences and one- and three-bedroom loft apartments. There are also nine floors of commercial space with two storeys dedicated to co-working spaces catering to the phase three expansion of DIFC’s Innovation Hub, the region’s largest innovation community.

The podium level of ‘DIFC Living’ will also have several F&B outlets and residents can also enjoy access to concierge services, private meeting rooms and lounges, a temperature-controlled infinity pool, gym, private cinema hall, kids play area and more.

‘DIFC Living’ will also be linked to Gate Avenue, offering residents and visitors the opportunity to experience the destination’s year-round family-friendly activities.

Middle East News 247

Middle East News 247

Middle East News 247 delivers trending business and lifestyle news and essential infotainment for, and from the Middle East region, with key focus on the GCC nations: United Arab Emirates (UAE), Saudi Arabia, Qatar, Bahrain, Kuwait, and Oman.
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