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Tecom Expands Internet City as Dubai Office Space Demand Rises

Summary by AGBI
Tecom Group, a developer and operator of business parks and free zones in Dubai, has launched the fourth phase of Innovation Hub in Dubai Internet City. The expansion is intended to address strong demand for office space in the emirate, the company said in a statement to the Dubai Financial Market. The new phase will add a gross leasable area of 263,000 square feet with a development value of AED615 million ($167.5 million). The launch of Innova…
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The fourth phase of the Innovation Hub comes after the remarkable success of the second and third phases of the project, as well as the growing demand for premium office space from global companies in promising economic sectors. The project reflects TECOM Group's prominent role in fostering the digital economy, in line with the objectives of the National Digital Economy Strategy and Dubai's D33 economic agenda. The fourth phase raises TECOM Grou…

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satelliteprome.com broke the news in on Thursday, December 18, 2025.
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