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.
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.)
- 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.