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Dubai International Financial Centre (DIFC)
DIFC is a bold vision to create a financial market place that will serve a region that extends across time zones between the financial centers of London and Hong Kong.
Between the international financial centers of Europe and south East Asia lies a region of 1.8 billion people and a combined economy worth $1.5 million in terms of GDP. DIFC will develop a global centre for Islamic Finance that is over 200 billion serving communities stretching from Malaysia to USA.
As a new global jurisdiction for financial institutions, the DIFC offers its participants a highly attractive investment environment, including: 100 per cent foreign ownership; Zero tax rate; Freedom to repatriate capital and profits without restrictions.
A world class financial district with lifestyle
Rising fifteen storeys on a 110 acres site to the south of the Dubai Emirates Towers landmark, the Gate is the architectural signature building of the DIFC. Designed by US architects, Gensler, this iconic building will house the Centre's executive offices, the DIFC Financial Services Authority, as well as providing prime office space for leading international financial institutions.
The DIFC, of which the Gate represents the first phase of development, will be a unique integration of buildings, which in combination will offer everything you would expect to find in a world-class cosmopolitan city - including offices, serviced apartments, hotels, shops and restaurants.
Within this self-contained location will be a city that has been planned and designed to become the ultimate in convenience for anyone seeking to live, work and enjoy their leisure time in one strategic location. The inclusion of a museum, an art gallery and a performing arts centre will add to the Centre's attraction as a resort destination. People will be able to walk from one part of the city complex to another in a temperature controlled environment, and on the outer perimeter there will be an automated transit system circumnavigating the entire district.
The DIFC, which will eventually provide several million square feet of ultra-modern office space, is a world-class financial district planned and built from the ground up. It is designed to meet the most exacting demands of the world's most sophisticated financial institutions (and the professionals who work for them), regardless of the scale and scope of their needs.
