DIFC expands Innovation Hub; Launches first residential offering – DIFC Living and Innovation Two

DIFC expands Innovation Hub; Launches first residential offering – DIFC Living and Innovation Two

- Incorporates DIFC Investments’ first mixed-use development that includes more than 170 residential units

- DIFC Living and Innovation Two is a mixed use, live-work-play destination with independent, yet connected, residential and commercial uses

Dubai, UAE: Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, is continuing its journey of driving the future of finance, enabling the economies of the future, and blending the best aspects of life and work by marking the ground-breaking of DIFC Living and Innovation Two.

DIFC Living and Innovation Two will become a major part of phase three of DIFC’s Innovation Hub, the region's largest innovation community, currently home to more than 600 growth-stage tech firms, including established innovation companies, digital labs, venture capital firms and educational institutions. The Hub is generating new economic value by fostering innovation, enterprise and talent across various sectors, focusing on future-oriented industries.

His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance of the UAE and President of DIFC, announced the original expansion to the Innovation Hub in May 2021, quadrupling its size from 80,000 square feet to 315,000 square feet.