Dubai International Financial Centre, also known as DIFC is the world's latest financial centre and mainly focuses to launch a financial hub that is comparable to London, New York, and Hong Kong. It is strategically located between east and west countries, offering a secure and stable platform for financial institutions and businesses.
Dubai International Financial Center opened in 2004 and has attracted firms from around the globe. In September 2005, the Dubai International Financial Exchange (DIFX) was a world-class stock exchange enterprise.
DIFC fills the time-zone gap between leading financial centers of New York in the west, and Tokyo & Hong Kong in the east. Read more >
Dubai International Financial Center offers a perfect platform for business as well as for financial centres to reach an international market. This area is developed to create an environment for progress, growth, and economic development in Dubai.
Its aim is to be a global financial hub by offering businesses and legal firms, as well as setting up international standards similar to the likes of Meydan City Dubai.
DIFC also offers many residential and commercial projects, there are several off plan projects with an array of amenities offering stylish living for the families. The residents will have the opportunity to live in the homes similar to Vida Residences Dubai Mall as it also offers spacious apartments in the heart of Dubai.
In the following sectors in DIFC companies provide financial services such as banking services, bank asset management, fund registration, reinsurance, insurance, capital market, and Islamic finance. In each sector license applications are considered from financial institutions. All the sectors offer benefits, 100% ownership, zero tax rate on income, and there is no restrictions on profit repatriation, business continuity facilities and operational supports.
As DIFC offers various off plan property for sale there are numerous off plan mega – developments near this areas such Mohammed Bin Rashid City, Dubai Hills Estate, Meydan City Dubai, and Downtown Dubai properties that offers an array of amenities for stylish living.
There are several cafes and restaurants in DIFC
DIFC has direct access to the Financial Centre metro and Emirates Towers metro stations as many other off plan projects also near to metro station for the convenience of the guest and the residents.
In the beginning of 2011, the Ritz – Carlton Dubai International Financial Centre at DIFC open its gates. This Hotel is situated in close proximity to Gate Precinct within Gate Boulevard. It comprised of 14 stories tall and 341 rooms and 124 serviced apartments, two lounges and a 1400 sq.m ballroom. This 5 star hotel is spanning over the total area of 2000 square meter.
DIFC offers the residents all the facilities at their doorstep similar to Bvlgari Residences Dubai, Dubai Creek Harbour and several Meraas projects.