The Dubai International Financial Centre (DIFC) has successfully completed the “DIFC Square” project ahead of its scheduled timeline, responding to an unprecedented demand for office spaces within the centre. This was supported by nearly full occupancy rates close to 100% prior to completion.
This project underscores DIFC’s status as a leading global financial hub in the region, continuing to attract an influx of new companies while offering expansion opportunities to its current clients.
In line with growth and expansion plans, several registered firms at DIFC are enhancing their presence within the “DIFC Square” project—either by relocating to larger offices or by securing additional space. Notable companies involved include Singapore Bank, Deutsche Bank, Gallagher Insurance, Herbert Smith Freehills, Moody’s, and TPI Cap. This highlights the significance of DIFC and Dubai as a prime financial centre that fosters growth and business prosperity. Companies that have already received their offices are actively working on finishing and equipping their spaces. DIFC is also assisting its clients in identifying suitable areas within the project, with the move of existing tenants to “DIFC Square” yielding an additional 100,000 square feet in the much sought-after “Gate District” and “Gate Village” areas.
The DIFC Property Development Company developed the “DIFC Square” project within a 24-month design and construction timeframe. The project offers 600,000 square feet of office space designed to meet the evolving needs of global businesses. It comprises three interconnected buildings with glass facades, dedicated parking, and retail spaces. Among the well-known shops and restaurants set to establish branches in the project are Duck & Rice, Saddle, Hudson & Ray, Liban, and Kicks & Bubbles.
Salih Al-Qarabi, CEO of the DIFC Investments Property, stated: “We are thrilled to announce the early completion of the ‘DIFC Square’ project, which reaffirms our commitment to providing world-class infrastructure enabling companies to expand and thrive. The exceptional demand from new international firms and the continuous growth of our registered companies serve as strong evidence of the resilience and appeal of our operational ecosystem. Future financial centres are increasingly focusing on innovation, sustainability, digital inclusivity, and client-centered strategies. At DIFC, we ensure that all our real estate projects align with this vision while playing a crucial role in enhancing the quality of life that attracts and retains global talent in Dubai, making it one of the top four global financial centres.”
The “DIFC Square” project is part of DIFC’s ambitious plans to provide 1.6 million square feet of commercial space in 2026 and 2027, including projects like “DIFC Living,” “Innovation Two,” and “Immersive Tower.” This demonstrates the DIFC’s proactive response to ongoing demand for premium office spaces and its commitment to supporting the next phase of growth in the financial services, innovation, and professional services sectors.
Reflecting the ongoing efforts of DIFC to promote a smarter and more sustainable future, and in alignment with its other infrastructure, “DIFC Square” has been built to LEED standards and is expected to receive certification from the U.S. Green Building Council soon.