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Dubai International Financial Center
Dubai International Financial Center
     Area Overview       Geo Location

Dubai International Financial Centre (DIFC) was established as the region’s first financial free zone that contains one of Dubai’s two exchange markets called the NASDAQ Dubai. DIFC is an independent jurisdiction under the UAE constitution and has its own laws, which are written in English and are based on common law.

It is the prime office location in Dubai and has witnessed sustained occupier demand due to the regulatory structure, location, quality of buildings and high profile tenants. DIFC is split up into two areas - the Gate District which consists of the Gate Building and the surrounding low rise buildings, which are owned by DIFC, and the greater surrounding area developed by third parties which consists of high rise commercial and residential buildings. DIFC is well connected via Sheikh Zayed Road and the Dubai Metro and includes various amenities such as retail, restaurants and leisure. The DIFC truck and services tunnel is an underground tunnel that allows easy access for delivery trucks to the heart of DIFC, making it easier for retail and food and beverage outlets to accept deliveries. Since the DIFC is an independent jurisdiction under the constitution it also reserves the right to grant licenses for serving alcohol and pork to outlets based there. This has led to the presence of world-class food and beverage options such as Zuma and La Petite Maison that have contributed to the appeal of DIFC as a regional financial hub. Buildings in the Gate District have constantly maintained high occupancy rates at above 95% since DIFC’s inception. The occupancy rates for the high-rise buildings are considerably lower due to the disparity in quality of buildings, strata ownership of buildings and lack of pedestrian connections to the Gate District. Key tenants include Standard Chartered, Deloitte, Morgan Stanley and Goldman Sachs.