News DeskDubai, UAE – Dubai International Financial Centre (DIFC), the preeminent global financial hub in the Middle East, Africa, and South Asia (MEASA) region, has initiated the development of DIFC Square, a landmark commercial project consisting of three interconnected buildings. This new project aims to significantly enhance DIFC’s real estate offerings, addressing the growing demand for Grade A office spaces in Dubai’s financial district.
Essa Kazim, Governor of DIFC, commented on the development: “As DIFC continues to strengthen its position as a world-class financial hub, leading regional and global businesses are establishing their presence in the Centre to grow their network and expand across the MEASA region and beyond. DIFC Square will become a valued addition to the Centre’s growing real estate portfolio by providing future-forward, Grade A office spaces dedicated to meeting the demand for high-quality, future-centric commercial property.”
The DIFC Square project, driven by significant growth in wealth and asset management as well as the insurance sector, has attracted strong tenant interest. This highlights the strategic appeal and prime location of the project, situated in the heart of DIFC with close proximity to Downtown Dubai, Dubai International Airport, Sheikh Zayed Road, and other key business and leisure destinations.
Developed on a 113,500 sq.ft. plot with a total built-up area of nearly 1 million sq.ft., DIFC Square will offer 600,000 sq.ft. of office space and 17,200 sq.ft. of retail space, including a curated mix of shops and food and beverage outlets. Future tenants and talent will benefit from the Centre’s most sought-after destinations, such as Gate Village for fine dining, lifestyle, arts and culture, and Gate Avenue’s extensive range of restaurants, gyms, and retail facilities.
With enabling and foundation works already underway, construction on DIFC Square is being fast-tracked to meet the scheduled handover in Q1 2026. The project will feature buildings of 8, 10, and 13 floors, with heights of 58, 68, and 81 meters respectively, sharing one basement and three podiums.
DIFC’s announcement of DIFC Square follows the successful ground-breaking of the AED 1.1 billion Immersive Tower in May 2024, reflecting the robust demand for commercial property within DIFC. The Centre’s first residential project, DIFC Living, sold out within 48 hours of its launch in 2023.
Additionally, in December 2023, 15 DIFC buildings, including the iconic The Gate, were awarded Platinum and Gold LEED certifications, underscoring DIFC’s commitment to sustainability and excellence in real estate development.
