It is the Dubai International Financial Centre, also known as DIFC is one of the largest commercial and legal centers located in the Middle East region. It is located off Sheikh Zayed Road in the middle of Dubai World Trade Centre and Downtown Dubai. DIFC is the headquarters of a number of top law firms and financial institutions and Dubai's Stock Exchange, NASDAQ Dubai. It is a distinct economic zone with its own separate legal structure and legal authority.
DIFC can also be a key cultural and artistic hub known for its many art galleries, as well as its many well-respected gourmet restaurants. It's also where you will find some of the city's most beautiful buildings and boasts a vibrant architectural blend.
DIFC is among Dubai's autonomous free zones. It gives corporations 100% ownership without the requirement of the involvement of a local partner. DIFC is governed by a common law structure that is separate from those of the UAE law system which includes rules and laws that are made in English. DIFC provides its clients with the promise of 50 years of no taxation on corporate income and profits and is further supported by the UAE's system of double tax avoidance treaties.
In the residential area, DIFC houses several homes for rent and for sale. They are a good option for couples, singles, and professionals working in Dubai and also families. designed for world-class living, the majority of structures are of a high elevation. You will find a vast selection of apartments from studios up to 3-bedroom units as well as 5 to 4 bedroom penthouse suites with luxury.
DIFC is an ideal place for professionals and singles who are in the area and want to experience its vibrant arts and culture and also the recreational opportunities this area offers.
