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Dubai Financial Centre has completed construction and begun phased handover of its new commercial complex, DIFC Square, to tenants ahead of schedule. The project, located in the prestigious Gate District and Gate Village neighbourhood, adds 600,000 square feet of Grade A office space, helping to meet strong demand from international and local companies looking to expand their presence in the emirate.
The development was led by DIFC Developments and was completed in just 24 months, including the design and construction phases. The development consists of three glass-fronted buildings connected to each other and includes not only offices but also car parking spaces and retail areas. According to the Dubai International Financial Centre (DIFC), the entire volume of space has been fully pre-booked even before the official handover - with 100% of rentals booked in advance. This emphasises the acute shortage of quality commercial properties in Dubai's financial hub.
Some tenants have already started internal fit-out works. These include both new entrants to the market and companies already operating in DIFC that need additional space to grow. Demand is driven by the influx of global firms to the emirate, where the economy is showing a steady upturn, especially in the finance, technology and consulting sectors. According to experts, Dubai is consolidating its position as the Middle East's leading hub for business, attracting investment due to its favourable regulatory climate and infrastructure.
DIFC Square is part of a larger strategy to develop the financial centre. Between 2026 and 2027, DIFC plans to bring an additional 1.6 million square feet of commercial space, including projects like DIFC Living, Innovation Two and Immersive Tower. This will increase the overall capacity of the neighbourhood, which now has a large concentration of banks, investment funds and fintech companies.
The opening of the complex comes amid a general recovery in Dubai's property market. Since the pandemic, demand for Grade A offices has increased as companies move towards hybrid working models and seek modern spaces with a focus on sustainability and convenience. DIFC Square is designed with these trends in mind, with buildings featuring energy-efficient systems that reduce carbon footprint and meet global green building standards.
Experts note that the early delivery of the project is the result of efficient management and accelerated works. Construction started in 2024 on a site of about 113,500 square feet and the total built-up area exceeds one million square feet. The retail portion provides 17,200 square feet for shops and eateries, which will add to the diversity of the neighbourhood.
The DIFC's move reaffirms Dubai's ambitions as a global financial leader. The centre says the new space will help companies scale quickly, contributing to the emirate's economic growth. In competition with other hubs such as Singapore or London, Dubai benefits from its low taxes and strategic location.
Overall, the introduction of DIFC Square strengthens Dubai's attractiveness to businesses, which has seen a 20 per cent increase in DIFC registrations in 2025. This not only addresses the current needs of tenants, but also lays the foundation for the long-term development of the financial sector.
