Retail

DIFC completes Square project ahead of schedule as pre-leasing hits 100%

Photo Credit: WAM

Dubai, UAE — March 2026 — The Dubai International Financial Centre has announced the early completion and phased handover of DIFC Square, a major new commercial development that opened its doors ahead of schedule in response to unprecedented demand for office space within the financial hub.

According to the Emirates News Agency, the project achieved full pre-leasing before handover, underscoring the robust growth trajectory of the region’s leading financial centre.

The new development addresses critical capacity needs within DIFC, which continues to attract international firms at an exceptional rate while simultaneously supporting expansion requirements from its existing client base.

A number of established registered companies have either relocated to larger premises within DIFC Square or expanded their footprint by securing additional space at the development.

Notable tenants securing space include Bank of Singapore, Deutsche Bank, Gallagher Insurance, Herbert Smith Freehills Kramer, Moody’s and TP ICAP, with many having already commenced fit-out works following office handover.

The strategic movement of existing tenants into DIFC Square will free up approximately 100,000 square feet of capacity in the centre’s highly sought-after Gate District and Gate Village, enabling DIFC to continue assisting clients in identifying optimal space across the District.

Developed by DIFC Developments within a compressed 24-month design and construction timeframe, DIFC Square delivers 600,000 square feet of office space purpose-built to meet the evolving requirements of global businesses.

The development comprises three interconnected glass façade buildings featuring dedicated parking facilities and integrated retail spaces. Renowned food and beverage outlets set to establish within the development include Duck & Rice, Saddle, Hudson & Rye, Liban, and Cakes & Bubbles.

Saleh Al Akrabi, chief real estate officer at DIFC Investments, emphasised that completing DIFC Square ahead of schedule demonstrates the centre’s commitment to delivering world-class infrastructure that enables businesses to scale and thrive.

“The exceptional demand from new international firms and the sustained expansions of our registered companies are a strong endorsement of the resilience and attractiveness of our ecosystem,” he stated.

DIFC Square forms part of the centre’s ambitious expansion plans, which aim to deliver 1.6 million square feet of commercial space throughout 2026 and 2027, including forthcoming developments DIFC Living, Innovation Two and Immersive Tower.

The project has been constructed to LEED standards, with certification from the US Green Building Council expected imminently, reinforcing DIFC’s commitment to sustainable urban development.

Miguel Hadchity

Miguel Hadchity

Miguel is a bilingual journalist and content producer who fuses investigative rigor with dynamic storytelling. His reporting is informed by a background in writing business and financial features from Saudi Arabia, the GCC, and the wider MENA region, ensuring every piece is built on a foundation of analytical clarity and regional expertise.

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