logo

DIFC announces sales launch of Heights Tower residences

Zawya08-04-2025

Dubai International Financial Centre (DIFC) has announced that the sales launch of residential spaces at Heights Tower, a new mixed-use live-work-play destination reimagining urban luxury living, will begin from April 16.
Heights Tower, a project by DIFC Developments, occupies the final plot within the original DIFC district. It will provide an exclusive address within the Centre's ever-growing international community, said the statement from DIFC.
Centrally located in the heart of DIFC, adjacent to the upcoming Four Seasons Private Residences, Heights Tower provides seamless connectivity to Gate Avenue, the district's vibrant retail and lifestyle destination.
The project is the second residential development by DIFC and scheduled for completion in 2029, it stated.
Featuring 366 luxury residences - ranging from one-bedroom apartments to four-bedroom duplexes, and a mix of shell and core offices, and retail spaces for F&B and stores - Heights Tower's live-work-play concept fulfils the demand for a sophisticated urban lifestyle, said the statement.
The residential component encompasses 32 floors, while the commercial offering is distributed across seven dedicated floors, it stated.
Saleh Al Akrabi, Chief Real Estate Officer, DIFC Investments, said the tower embodies DIFC's commitment to creating a vibrant and sustainable community, aligning with Dubai's growing prominence as a live-work-play lifestyle destination.
"Setting a new benchmark for urban living, this striking addition to the Dubai skyline seamlessly integrates wellbeing, connectivity, and convenience to meet the evolving needs of ambitious professionals at the forefront of finance and innovation in DIFC," he noted.
It features key amenities such as a family lounge, an outdoor temperature-controlled swimming pool and a state-of-the-art fitness centre, he added.
Heights Tower is the latest milestone in DIFC's ongoing evolution as a leading business and lifestyle destination. The project, which is scheduled for completion in 2029, is aiming for Platinum LEED certification.
Savills has been appointed as the master broker, and the development launch follows a series of exciting announcements in 2024 and is a testament to the Centre's vision to attract global talent, businesses, residents and investors, it added.- TradeArabia News Service
Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (Syndigate.info).

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Nettlestone Capital Advisors launches in DIFC
Nettlestone Capital Advisors launches in DIFC

Zawya

time23 minutes ago

  • Zawya

Nettlestone Capital Advisors launches in DIFC

DUBAI, UAE: Nettlestone Capital Advisors, a senior-led advisory and capital raising firm, has officially launched its operations from the Dubai International Financial Centre (DIFC), fully authorised and regulated by the Dubai Financial Services Authority (DFSA). The firm brings together a unique combination of regulatory oversight, institutional focus, and regional knowledge to asset managers and investors across the Middle East. Founded by industry veteran Edwin Lawrence, Nettlestone is among the few firms in the region offering DFSA-regulated fundraising services tailored to specialist investment managers targeting regional capital. With more than 20 years of experience in the region, Lawrence previously held senior distribution roles at Franklin Templeton and later served as Head of Middle East at Columbia Threadneedle Investments. 'Nettlestone was born out of a belief that the Middle East deserves better alignment between local investor needs and the specialist managers seeking to serve them,' said Lawrence. 'Operating under DFSA regulation from within the DIFC gives us a strong governance framework - while our on-the-ground knowledge enables us to build trusted, long-term relationships in a market that values commitment and cultural fluency.' Nettlestone Capital Advisors follows a highly selective, partnership-driven model, working with a small number of conviction-led managers primarily across alternative asset classes. Leveraging a proprietary database of over 400 institutional investors and Family Offices across six Gulf markets, the firm offers a targeted approach to distribution built on nearly two decades of local experience. The launch of Nettlestone comes at a time of growing institutional interest in differentiated investment strategies and increasing demand for governance and alignment led capital raising models in the region.

Transamerica Life Bermuda Secures DFSA Licence to Expand in Dubai's DIFC
Transamerica Life Bermuda Secures DFSA Licence to Expand in Dubai's DIFC

Hi Dubai

timea day ago

  • Hi Dubai

Transamerica Life Bermuda Secures DFSA Licence to Expand in Dubai's DIFC

Transamerica Life Bermuda has received regulatory approval from the Dubai Financial Services Authority (DFSA) to establish operations within Dubai International Financial Centre (DIFC), marking a major step in its global expansion strategy. The move positions the high-net-worth life insurer at the heart of the Middle East's leading financial hub, allowing it to better support regional distribution partners and tap into the growing demand for wealth management and insurance solutions. Kristine Ung, CEO of Transamerica Life Bermuda, called the licence 'a significant milestone,' highlighting the Middle East's rising status as a global financial centre. The firm, known for its expertise in large sums assured and complex client needs, brings nearly 180 years of heritage through its parent companies Aegon and Transamerica. Adnan Ladki has been appointed as Head of DIFC for the insurer and will lead efforts to strengthen its presence and partnerships in the region. DIFC officials welcomed the addition. 'Our progressive laws continue to attract leading global insurers,' said Salmaan Jaffery, Chief Business Development Officer at DIFC Authority. He noted that over 125 insurance-related entities now operate in DIFC, reinforcing its role as the region's primary insurance and reinsurance hub. The Centre, benchmarked against top regulatory regimes such as London and Hong Kong, continues to draw top-ranked firms and foster industry collaboration through platforms like the Dubai World Insurance Congress. Transamerica Life Bermuda's entry into DIFC reflects both the company's international ambitions and the Centre's growing appeal to global financial leaders seeking access to MEASA markets. News Source: Dubai Media Office

Cloudflare Achieves New Privacy Certifications
Cloudflare Achieves New Privacy Certifications

Channel Post MEA

timea day ago

  • Channel Post MEA

Cloudflare Achieves New Privacy Certifications

Cloudflare has announced it is among the inaugural group of organizations officially certified under two new global privacy standards, the Global Cross-Border Privacy Rules (Global CBPR) and the Global Privacy Recognition for Processors (Global PRP) systems. These brand new certifications, launched by a forum of nine governments, allow organizations like Cloudflare to voluntarily demonstrate their commitment to data protection and privacy standards when moving personal data across borders. With these new certifications, organizations can trust that Cloudflare has audited controls and protections in place around customer data. 'Running a global business is getting more and more complex,' said Matthew Prince, co-founder and CEO at Cloudflare. 'Global standards like the CBPR and PRP are important because they can establish clear, consistent guidelines around data privacy, and make it easier for organizations to scale and do business across borders. Cloudflare has a long history of putting privacy first – helping build new industry protocols, building it into our products by default, and now we're one of the first organizations to achieve these new global certifications.' The Global CBPR and Global PRP certifications were established by nine governments in the following locations: Australia, Canada, Japan, Mexico, the Republic of Korea, the Philippines, Singapore, Chinese Taipei, and the United States. The United Kingdom, Bermuda, Mauritius, and the Dubai International Financial Centre (DIFC) are CBPR Associate Members. These two new certifications help to bridge varying data protection laws from around the world, and allow companies to demonstrate their compliance to an internationally-recognized standard. The Global CBPR and Global PRP are a set of data protection and privacy standards to support the safe and secure movement of personal data across borders and build trust with consumers and businesses alike. The certifications cover 50 requirements on how organizations should collect, manage, and safeguard personal information in their custody, based on nine guiding principles, including: Preventing Harm Notice Collection Limitation Uses of Personal Information Choice Integrity of Personal Information Security Safeguards Access and Correction Accountability Cloudflare is also currently certified under ISO 27701 and ISO 27018, which establish guidelines for how organizations process personally identifiable information (PII) in public cloud environments; as well as being verified compliant to the EU Cloud Code of Conduct. The EU Cloud Code of Conduct is recognised under the GDPR in the 30 EEA countries (Austria, Belgium, Bulgaria, Croatia, Republic of Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Lichtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden).

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store