Dubai International Financial Centre (DIFC) has commenced construction on a mixed-use development, DIFC Square, in the United Arab Emirates (UAE).
The project, which spans a 113,500ft² plot, will offer a total built-up area of approximately one million square feet, including 600,000ft² of office space and 17,200ft² of retail space.
It is expected to enhance the centre’s real estate offerings and meet demand for Grade A offices in Dubai’s financial district.
The development will comprise three interconnected buildings, with a height of 58m, 68m, and 81m, respectively, which will share one basement and three podiums across eight, ten, and 13 floors.
DIFC Square is situated within DIFC, providing access to destinations such as Downtown Dubai, Dubai International Airport, and Sheikh Zayed Road.
DIFC governor Essa Kazim said: “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 Middle East, Africa, and South Asia region and beyond.
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By GlobalData“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.”
With enabling and foundation works underway, construction of DIFC Square is expected to be accelerated to ensure the project’s completion by the first quarter (Q1) of 2026.
This development follows the ground-breaking of the Dh1.1bn ($0.29m) Immersive Tower by DIFC earlier in May this year.
The 37-storey mixed-use building has been conceptualised by AEDAS and developed by DAR Group.