Advertisement
When should a housing society in Mumbai start considering re...
From GST on JDAs to SEBI’s REIT reclassification and the S...
Stay ahead in the world of real estate with our daily podcas...
Stay ahead in the world of real estate with our daily podcas...
Tecom Group has launched Phase 4 of its Innovation Hub at Dubai Internet City with an investment of AED 615 million. The development forms part of the group's ongoing expansion of one of the UAE's most prominent technology-focused business districts. The new phase builds on earlier stages of the Innovation Hub, which were created to support technology firms, startups, and innovation-led businesses. Dubai Internet City continues to attract global and regional companies, and the latest investment reflects sustained demand for modern, flexible workspaces within the technology and digital services sector.
Tecom Group has announced the launch of Phase 4 of its Innovation Hub at Dubai Internet City, marking another step in expanding one of the region's key technology and business clusters. The new phase involves an investment of AED 615 million and is aimed at strengthening infrastructure that supports technology firms, startups, and innovation-led companies operating within the zone. Dubai Internet City continues to be a central part of Tecom Group's portfolio, housing global technology players alongside regional and emerging enterprises. Advertisement
The latest phase builds on the earlier stages of the Innovation Hub, which were developed to meet rising demand for flexible office spaces, collaborative environments, and facilities designed for digital and knowledge-based businesses. Tecom Group has steadily expanded Dubai Internet City over the years, responding to the UAE's broader push to position itself as a regional hub for technology, innovation, and digital services. The new investment reflects sustained occupier interest and long-term confidence in the sector.
Dubai Internet City is home to a wide mix of multinational corporations, SMEs, and startups across technology, media, and telecommunications. Tecom Group has previously highlighted that its developments are planned in phases to align with market demand and evolving tenant requirements. Phase 4 of the Innovation Hub is expected to add capacity while enhancing the overall ecosystem through modern infrastructure and workspaces suited to innovation-driven companies.
Source Reuters
5th Jun, 2025
25th May, 2023
11th May, 2023
27th Apr, 2023
Advertisement
Facebook
Whatsapp
