Dubai International Finance Center - DIFC

AED 1,802
-1.8%
-2.38%
-4.5%
-1.85%
5.51%
Historical Price Change of Apartments in Dubai International Finance Center - DIFC

These are the average Vital Stats for Dubai International Finance Center - DIFC for 2017 Q2.
You can dig deeper and analyze data for individual properties in Dubai International Finance Center - DIFC under Transaction Prices and Historical Data.

DIFC is a mature, Grade A business district operating with by-laws meant to attract foreign financial institutions. The area has reached a mature stage and prospects of future development are limited. The district also includes several prominent residential and hospitality developments.

Property Types Available: Apartments, Offices, Hotels, Hotel Serviced Apartments
Location: Sheikh Zayed Road
Status: Ready, Under Construction
Year Launched: 2004
Developer: DIFC
Title Type: Freehold
Life Cycle: Mature

About Dubai International Finance Center - DIFC

Please note: DIFC is one of the 60 major communities in freehold Dubai where Lookup.ae reports quarterly prices. We track residential apartment prices in DIFC every quarter and this this data can be viewed in more detail under this section's Transaction Prices and Historic Data sections.

General Guide

The Dubai International Financial Center (DIFC) is a 110 acre mixed-use project located right off Sheikh Zayed Road. DIFC's vision is to be a world class financial center hub in the Middle East.

DIFC as a business district is built around the Gate precinct which comprises of ten low rise office buildings interconnected through a central podium. The center-piece of this village is The Gate, an iconic 15 storey office building.

DIFC comprises almost entirely of Grade A office space without STRATA ownership that is particularly attractive for Multinational corporations. The District also has High-end and Luxury residential towers as well as a handful of hotels.

DIFC property is dictated according to its own by-laws. As an example, property transfer fees in DIFC are 5% (as against 4% for other freehold areas of Dubai.)

DIFC Framework

- Within DIFC subsidiaries and incorporated entities enjoy 100% ownership as well as a regulatory environment that allows for a range of options in structuring legal entities.

- DIFC's legal system follows a Common Law framework

- DIFC has no restriction on capital repatriation

- DIFC provides a 40 year guarantee of zero taxes on corporate income and profits.

Positives of Dubai International Finance Center - DIFC

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