DIFC Square: Dubai’s newest mix-use development!

DIFC Square: Dubai’s newest mix-use development!

Friday 05 July 2024Wed 16 Feb
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DIFC Square: Dubai’s newest mix-use development!

As much as we love the new developments popping up around town, there’s always room for another development in our city’s favourite community!

That’s right, Dubai’s favourite finance and tech hub, DIFC is set to welcome another new development and we have all the details you need!

Dubai International Financial Centre (DIFC) has made waves in the real estate market by announcing DIFC Square - a mixed-use set of towers!

With a total investment of AED 3.8 billion, this project is set to further enhance DIFC as a premier global financial hub. The construction of DIFC Square has officially begun, so there’s a lot to discuss…

What’s new - project overview into DIFC Square

DIFC Square will encompass three interconnected buildings that will come together and will offer 600,000 square feet of state-of-the-art office space and 17,200 square feet of retail space within the project.

Set to span a 113,500 square foot plot with a total built area approaching one million square feet, the buildings will range from eight to thirteen stories in height, offering a blend of modern architecture and functional design to accommodate a variety of business needs.

Nestled in the heart of the city, and in close proximity to the Dubai International Airport and major transportation links, DIFC Square will provide seamless access to the extensive amenities within DIFC Gate Village and Gate Avenue. This prime location is expected to attract a wide range of businesses, and residents since the property is completely mixed-use.

What can residents expect?

The development of DIFC Square is going to be a key component of DIFC’s 2030 strategy, which aims to boost the community’s status as a premier global financial centre and help advance the businesses shifting to the region.

Since the launch, the project's strategic appeal and prime location have attracted significant pre-leasing interest from wealth and insurance firms, which has begun demonstrating strong market demand for premium commercial real estate in this district.

This announcement follows the successful launch and sale of DIFC’s first residential tower last year, which was DIFC Living. This was the centre’s first residential project, fully sold out within 48 hours of its launch in 2023.

This launch created a demand in the trend of robust interest in high-quality real estate developments within the financial district. Additionally, the groundbreaking of the AED 1.1 billion Immersive Tower in May further increased and added to the strong demand for commercial real estate in DIFC.

With construction set to be completed by early 2026, DIFC Square is on par to become a cornerstone of DIFC’s real estate portfolio and a big part of its growth strategy from the 2030 vision.

Planning to call it your next investment?

You can drop our off-plan team a line and check out this investment.

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