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Sheikh Mohammed Launches Dh12.8bn Expansion of Dubai Silicon Oasis

Investment targets future‑tech clustering under Dubai’s D33 and 2040 agendas through District IO plus a transit‑linked Block 14.

Overview

  • District IO draws AED11bn to build a research‑driven tech district with 25 LEED buildings, including 18 commercial, four residential and dedicated hospitality facilities.
  • Development runs in two phases with work starting in 2026 and a second phase launching in 2027 that adds a conference venue and an innovation and experience center.
  • Block 14 allocates AED1.8bn for a residential and lifestyle precinct near the Dubai Metro Blue Line, with completion slated for 2029 to coincide with the line’s opening.
  • Officials project over the next decade more than 70,000 jobs, up to AED103bn added to GDP by 2036, up to AED30bn in FDI and capacity for over 6,500 companies.
  • The hub will prioritize smart mobility, 3D printing, robotics, X‑Tech, AI and quantum computing, and Web3, with incentives including RegLab-enabled product testing without UAE operational licences.