Tecom Expands Dubai Internet City with Dh615m Innovation Hub Phase 4

Tuesday, 30 December 2025

Tecom Group has launched Phase 4 of its Innovation Hub at Dubai Internet City, investing Dh615 million to deliver premium Grade-A office space and strengthen Dubai’s position as a global technology and innovation powerhouse.

Key Highlights:

Dh615 million investment adds 263,000 sq ft of Grade-A office space
Total Innovation Hub investment reaches Dh2 billion
Phases 2 and 3 are fully leased ahead of 2027 completion
Project completion targeted for 2028, aligned with UAE Digital Economy Strategy and Dubai’s D33 agenda
Supports growing demand from global tech leaders, multinationals, and startups
Financed through existing resources, maintaining healthy leverage levels
Tecom reports 20% revenue growth to Dh2.1bn and 18% net profit rise to Dh1.1bn over nine months to 2025
Dubai Internet City contributes 65% of Dubai’s tech GDP, hosting 20 R&D centres and leading global firms