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Home Sector Banking & Finance Dubai launches new mixed-use development project ‘DIFC Square’

Dubai launches new mixed-use development project ‘DIFC Square’

The project will expand DIFC's real estate with offices and retail, meeting the demand for prime office space in Dubai's financial district
Dubai launches new mixed-use development project ‘DIFC Square’
The project is strategically located within DIFC, offering proximity to major Dubai destinations. (Photo Credit: WAM)

Dubai International Financial Centre (DIFC) has announced the groundbreaking of DIFC Square, a landmark development and commercial project comprising three interconnected buildings. The project will feature offices and retail units, significantly expanding DIFC’s real estate offerings and meeting the growing demand for Grade A office space in the heart of Dubai’s financial district.

Strategic importance

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 further 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.”

Robust tenant demand driven by record growth

Driven by record-breaking growth in wealth management, asset management, and the insurance business, DIFC Square has already generated robust tenant demand, underscoring the project’s strategic appeal and prime location. This also highlights the strong interest and growing demand for DIFC’s premium urban commercial real estate.

Ideal location and proximity to key destinations

Strategically situated within DIFC, the project offers unparalleled proximity to Downtown Dubai, Dubai International Airport, Sheikh Zayed Road, and other key business and leisure destinations.

Extensive amenities and facilities for tenants and talent

Developed on a 113,500 sq.ft. plot, with a total built-up area (BUA) of nearly 1 million sq.ft., DIFC Square’s future tenants and talent will benefit from close proximity to 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.

Read more: Dubai secures 12th spot in global wealth and lifestyle report, solidifying position as premier luxury destination

Project details and specifications

Providing 600,000 sq.ft. of office space, DIFC Square will also feature 17,200 sq.ft. of retail space, including a curated mix of shops and F&B outlets.

With the enabling and foundation works well underway, construction on DIFC Square is being fast-tracked to meet the scheduled handover in Q1 2026. Additionally, the project will consist of three buildings with 8, 10, and 13 floors, sharing one basement and three podiums, with heights ranging from 58 to 81 metres.

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