D/Quarters Expands Co-Working Space in Dubai Science Park Amid Growing Demand for Flexible Workspaces
D/Quarters Expands to Meet Growing Demand for Co-Working Spaces in Dubai
D/Quarters, a prominent provider of high-tech co-working environments operated by TECOM Group PJSC, has announced a significant expansion of its office space at Dubai Science Park. This decision to double the workspace is a proactive response to the increasing demand for agile and cutting-edge workspaces in one of the world's most dynamic business hubs.
Launched in July 2023, D/Quarters at Dubai Science Park has rapidly become an integral part of the local ecosystem tailored for companies in the life sciences, energy, and environmental sectors. The newly expanded workspace now encompasses nearly 27,000 square feet, allowing the facility to accommodate both established pharmaceutical firms and new startups that are recognizing Dubai's potential.
The booming office sector in Dubai reflects this rising demand, as indicated by the impressive occupancy rates within TECOM Group's commercial portfolio, which reached 94% in the first three quarters of 2024. This growth is further illustrated by the flourishing presence of innovators and talented professionals in the city, who are eager to contribute to a collaborative work atmosphere.
Amid Dubai's legislative support and outstanding infrastructure, the city stands as a beacon for global talent, drawing professionals and entrepreneurs alike. Ammar Al Malik, Executive Vice President of Commercial at TECOM Group, highlighted the significance of this expansion, underscoring how the city fosters a conducive environment for sustaining the gig economy.
"The expansion of D/Quarters at Dubai Science Park reflects our commitment to enhancing Dubai's attractiveness as a hub for top-tier talent," said Al Malik. "We understand that the future of work necessitates adaptability and connectivity. Our aim is to support an ecosystem where collaboration flourishes, thus contributing to the overall economic resilience of Dubai."
Originally opened in June 2022, D/Quarters has been strategically located in two of Dubai's vibrant business districts: Dubai Internet City and Dubai Media City. By providing open co-working spaces, it caters to creative individuals and professionals, including those holding Golden Visas for their superior contributions to knowledge and innovation sectors.
The expansion strategically positions D/Quarters as a leader in developing innovative and versatile workspaces that attract a diverse workforce. The initiative enhances its role in driving the growth in Dubai's knowledge economy—an ambition shared with the broader objectives set forth by the Dubai Economic Agenda 'D33'.
D/Quarters is not only about providing space but also about fostering opportunities. Members benefit from access to a comprehensive suite of more than 200 smart services through the award-winning axs portal, facilitating tasks such as business setup and visa applications—a crucial advantage within TECOM Group’s ecosystem that includes over 11,800 customers and 124,000 professionals.
TECOM Group's impact on Dubai's economic landscape spans more than two decades, with sector-specific districts that drive innovation and collaboration. With an increasing focus on knowledge and creative industries, D/Quarters continues to unlock growth pathways for freelancers, researchers, and organizations of all sizes.
In conclusion, D/Quarters' expansion at Dubai Science Park signifies a robust move to cater to the surging demand in Dubai’s evolving marketplace. The facility's strategic offerings reflect a commitment to flexibility, collaboration, and sustained economic growth, positioning both D/Quarters and Dubai as leaders in the future of work.