Al Basti & Muktha will deliver the mixed-use project, which includes luxury residences, premium offices, retail and dining spaces in Dubai’s Gate District.
July 07, 2026 | Riya Malhotra | UAE | Real Estate
Dubai International Financial Centre has awarded the main construction contract for DIFC Heights Tower, an AED3 billion mixed-use development in Dubai’s Gate District, to Al Basti & Muktha LLC.
The contract award marks a key milestone for the project, which is being developed on the final remaining plot within DIFC’s original land bank. The tower is scheduled for completion in 2029 and will add a new residential, commercial and lifestyle component to one of Dubai’s most established financial districts.
DIFC Heights Tower will comprise 366 luxury residential units, alongside premium commercial office space and retail and food-and-beverage outlets. The development is positioned as a live-work-play address within the financial centre, with connectivity to Gate Avenue and access to DIFC’s existing business and lifestyle ecosystem.
The project forms part of DIFC’s wider real estate expansion strategy as the district continues to respond to growing demand for centrally located premium homes, office space and lifestyle-led urban developments.
According to DIFC, the main contract award reinforces the financial centre’s delivery programme and keeps the project on track for its targeted completion timeline.
The development was first unveiled in April 2025 as DIFC’s second premium residential project. At launch, DIFC said the tower would feature residences ranging from one-bedroom apartments to four-bedroom duplexes, with the residential component spread across 32 floors. The commercial offering includes shell-and-core office space across seven dedicated floors, supported by retail and dining options.
DIFC Heights Tower is also aiming for LEED Platinum certification, reflecting the district’s focus on sustainability and high-performance urban development.
The contract award comes as DIFC advances its broader growth agenda. In January 2026, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, announced the AED100 billion DIFC Zabeel District project as part of the financial centre’s long-term expansion.
With DIFC Heights Tower moving into its next phase of delivery, the project is expected to strengthen the district’s position as a destination for business, investment, luxury living and urban lifestyle in central Dubai.
Source: Zawya
