Dubai International Financial Centre (DIFC) has announced the unveiling of The Residences, the first residential development to be launched within the first phase (Phase A) of the newly-announced DIFC Zabeel District. 

The landmark development marks a defining moment in the evolution of DIFC as a fully integrated urban destination.

As the first residential development within the Zabeel District, The Residences reflects the meticulous standards for which DIFC is globally recognised, defined by enduring quality and thoughtful design, said the company in a statement.

Developed and overseen by DIFC Developments, the development introduces a refined residential offering that seamlessly integrates work, wellbeing and culture, creating a destination where professional excellence and quality of life reinforce one another. The project comprises two residential towers, home to 463 residences, it stated.

On the project launch, Saleh Al Akrabi, Chief Real Estate Officer at DIFC Investments, said: "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," he stated. 

The development is aligned with future city infrastructure, including connectivity to the Dubai Loop, alongside easy access to major arterial road networks, ensuring effortless movement across the city.

Spanning 7.1 million sq ft with a total gross floor area of 17.7 million sq ft, the DIFC Zabeel District is the largest demand-led expansion of a financial centre in the region, with an estimated gross development value exceeding AED100 billion ($27.2 billion), said Al Akrabi.

Sales for The Residences will officially begin on February 12, with registrations of interest now open, he added.-TradeArabia News Service