Dubai Investments Park (DIP) has announced that more than 1,150 residential units, which include townhouses, duplex, three-, two- and single-bedroom and studio apartments, are currently under construction within the development.

An integrated commercial, industrial and residential community in the Middle East, DIP is a subsidiary of Dubai Investments.

The multi-phased projects are expected to be completed by 2018 and are being developed by individual real estate developers and investors, with DIP providing the requisite infrastructure.

Once the construction work gets completed, DIP will have nearly 15,000 residential units, said the company.

Meanwhile, Green Community one of the most sought-after residential projects within DIP, recently announced the commencement of construction works on the third phase of its master-development.