The Dubai International Financial Centre (DIFC) opened in 2004 and is a 110 acre onshore financial centre aiming to compete with the likes of New York and London. It is one of Dubai’s major free zones.
Companies based at DIFC provide financial services in the following sectors; banks and banking services, capital markets, asset management and fund registration, insurance and reinsurance, and Islamic finance.
They are regulated by the Dubai Financial Services Authority and include Julius Baer (Middle East), Credit Suisse, Standard Chartered, Babcock and Brown (DIFC), Renaissance Capital, Merrill Lynch, GCC Energy Fund Managers, Alliance Re, Goldman Sachs, and Praesidium.
The Dubai International Financial Exchange (DIFX) is also based here.
The DIFC is dominated by the The Gate, a 15-storey building designed by US architects Gensler situated at the northern end of the development. Marble Walk located beneath The Gate offers numerous retail outlets and cafes while the surrounding terrace, The Balcony, houses mainly cafes and delis. The Gate Village, just east of The Gate, is home to restaurants and upmarket art galleries.
Hotels and places to stay in and around this area include Jumeirah Emirates Towers Hotel, Roda Al Murooj Hotel, Dusit Thani, Shangri La Hotel Dubai, Towers Rotana - Dubai, Four Points By Sheraton Sheikh Zayed Road Dubai, Rose Rayhaan by Rotana - Dubai, Number One Tower Suites, Emirates Grand Hotel, The Ritz-Carlton Dubai International Financial Centre, Millennium Plaza Hotel Dubai, and Carlton Downtown Hotel.
Shopping and Art Galleries
High end art galleries such as Art Space, Art Sawa, Ayyam Gallery, and the Cuadro Fine Art Gallery can be found at The Gate Village.
Emirates Towers Boulevard is just north of DIFC and offers further retail and dining options.
Map showing the location of DIFC.