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Dubai: DIFC Square breaks ground on approx. 1 million square feet of land to give a boost to commercial real estate

With the enabling and foundation work well underway, construction on DIFC Square is being fast-tracked to meet the scheduled handover in Q1 2026

DIFC Square breaks ground to address the demand for premium commercial property

Dubai International Financial Centre (DIFC) has initiated the construction of DIFC Square, a project consisting of three interconnected buildings that will house offices and retail spaces. This development will not only cater to the increasing need for Grade-A offices in Dubai’s financial hub but also elevate DIFCs position as a leading global financial centre in the MEASA region.

DIFC Square is experiencing significant growth in both wealth and asset management as well as the insurance business, leading to high demand from tenants and showcasing the project’s strategic appeal and prime location in DIFC. Besides, the project’s proximity to key business and leisure destinations such as Downtown Dubai, Dubai International Airport, and Sheikh Zayed Road makes it an attractive choice for commercial real estate.

Commenting on the development, His Excellency Essa Kazim, Governor of DIFC, stated, “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.”

Top 9 things you must know about DIFC Square

  1. DIFC Square is being developed on a 113,500-square-foot plot, with a total built-up area (BUA) of nearly one million square feet.
  2. Future tenants and talent will enjoy close proximity to the Centre’s most popular destinations such as Gate Village and Gate Avenue, offering fine dining, lifestyle, arts, culture, restaurants, gyms, and retail facilities.
  3. The development will provide 600,000 square feet of office space and 17,200 square feet of retail space with a curated mix of shops and F&B outlets.
  4. Construction on DIFC Square is progressing quickly to meet the target handover date in Q1 2026.
  5. The project includes three buildings with heights of 58, 68, and 81 metres, each with 8, 10, and 13 floors respectively.
  6. The buildings will share a basement and three podiums, with the enabling and foundation work already completed.
  7. The announcement of DIFC Square follows the successful ground-breaking of the $297 million (AED 1.1 billion) Immersive Tower in May 2024, showcasing the strong demand for commercial property in DIFC.
  8. DIFC Living, the Centre’s first residential project, sold out within 48 hours of its launch in 2023.
  9. In December 2023, 15 DIFC buildings were awarded Platinum and Gold LEED certification, including The Gate, one of Dubai’s most iconic buildings, which achieved Platinum status.