Dubai IFC's first residential development sells out at 'record pace'

Dubai International Financial Centre (DIFC) has revealed its first residential offering ‘DIFC Living' fully sold out at record pace, which it said "reaffirmed the strong demand for residential property at the heart of DIFC".

The first residential project by DIFC to open for sale, DIFC Living will feature over 170 upscale residences that embraces 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 20 September.

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 mix-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 a number of 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.