In July 2012, Dubai International Financial Centre (DIFC) announced the restructuring of the Centre’s core functions into two independent entities. DIFC Authority was named as the business development and legislation arm, and DIFC Properties established as part of DIFC Investments to manage the Centre’s existing real estate portfolio and develop the remaining plots in DIFC’s Master Plan.
DIFC Properties oversees the property management and development of real estate assets in the DIFC, of which roughly 40% remains to be constructed. The entity endeavours to execute the vision of completing the build-out of a world-class mixed-use development and financial centre in order to meet the growing needs of regional and international clients.
