DIFC

History:

 

The Dubai International Financial Centre (DIFC) is a economic zone in Dubai covering 272 acres, established in 2004 and a financial centre for the Middle East, Africa and South Asia (MEASA) markets. DIFC has its very own independent, internationally regulated regulator and judicial system, common law framework, global financial exchange, tax-friendly regime, and a large business community.

The community houses hundreds of financial organisations, including wealth funds and private investors, but it also hosts multinationals, retail outlets, cafés, restaurants, residential space, public green spaces, hotels and art galleries.

DIFC is one of Dubai's free-zones; it allows companies to have 100% ownership without the need for a partner. The district is controlled by a common-law framework distinct from the United Arab Emirates (UAE) legal system, with laws and regulations issued in English. DIFC offers clients a 50-year guarantee of zero taxes on corporate income and profits, complemented by the UAE's network of double taxation treaties.

 

Travel:

 

What is the quickest way to get from Dubai Airport to DIFC?

 

The quickest way to get from Dubai Airport to DIFC is to taxi which costs £14 - £18 and takes 23 min.

Is there a bus between Dubai Airport and DIFC?

 

Yes, there is a bus leaving from Dubai International Airport and arriving at Le Meridien Mina Seyahi Hotel. Services leave every 30 minutes, and operate every day. The journey takes approximately 1h 33m.

 

How far is it from Dubai Airport to DIFC?

 

The distance between Dubai Airport and DIFC is 17 miles. The road distance is 19.8 miles.

Where do I catch the Dubai Airport to DIFC bus from?

 

Dubai Airport to DAMAC Residence bus services, run by Dubai RTA Bus, depart from Dubai International Airport station.

How long does it take to get from Dubai Airport to DIFC?

The Metro from Airport Terminal 3 to DIFC takes 44 min including transfers and departs every 10 minutes.

Train or bus from Dubai Airport to DIFC?

The best way to get from Dubai Airport to DIFC is to Metro which takes 59 min and costs £1 - £2. Alternatively, you can SkyBus, which costs £1 - £3 and takes 1h 41m.

What is in DIFC?

24th St. World Street Food in DIFC provide your favourite style restaurant with all its kitchens now serves buffet spread on Wednesday, Thursday, Friday Nights and Saturday Brunch. Increased with a bustling atmosphere, contemporary eclectic décor and stunning views of Burj Khalifa and Dubai cityscape, guests can make their journey through a myriad of bold flavours and spices, not only from the dynamic kitchens of Kim’s Korean, Lucy Wong’s, Momo San and Chatakana, but also from its two new Arabic and Italian kitchens Ali’s and Mario’s.

 

Arabia Horizons Tours in DIFC is a member of an international group of companies established in 1979, and is one of the pioneer tour operators in Dubai recognized by its professionalism, impressiveness, and creative itineraries that it provides.

Property Management Services DIFC

Better Screening Of Tenants - First impressions can be deceptive and even the most plausible, honest looking people can prove to be difficult tenants. This is why property management companies always take screening of potential tenants very seriously. Good property management services will carry out credit checks and evaluate references to make sure the chances of taking on responsible, reliable good quality tenants is as high as possible.

Ensuring Legal Safety Requirements Are Met - There are a number of safety regulations that need to be met before a property can be let e.g. electrical inspection (EICR), energy performance certificate (EPC), landlord gas safety inspection, Legionella risk assessment and the correct number of carbon monoxide and smoke/heat detectors.  A property management services company will advice on all current safety regulations and can arrange the necessary checks to be carried out to ensure that your property is fully compliant.

Quicker Occupancy Rates - Property management services help you achieve the best financial return on your property. To do this they need to ensure that your property has quality tenants in place, paying rent, as quickly as possible. This means they will work hard to help you get your property ready for the rental market. They will ensure that it meets all legal requirements and is presented to its best advantage. 

Higher Rental Values - As we offer property management services we understand and keep a close eye on market conditions and property demands in your local area. They will quickly be able to establish the current rental value of your property. They can also offer advice on easy ways to maximise your rental income e.g. freshening up the rooms with a coat of paint or replacing worn out carpets or flooring. They can even arrange tradesmen to carry out this work for you.

Better Maintenance Of Your Property - When there is a problem in your property e.g. the heating stops working or the washing machine breaks down, action is needed quickly. This can be difficult if you are working, on holiday or just plain busy and it can also be difficult finding the right person to deal with the problem. Property management services will have access to a network of fully qualified tradesmen they can get in touch with to fix the problem. 

Not Having To Deal With Tenants Face To Face - Having a property management services as the point of contact for tenants can take away a lot of the stress of being a landlord. All tenant interactions can be dealt with professionally without you having to deal with uncomfortable or confrontational conversations about late rent payments, evictions or unreasonable damage to your property.

Ensuring Rent Is Paid On Time - Ensuring that rent is collected every month is a key concern for many property owners. This is where property management services can be useful as a buffer between you and a late paying tenant. They will be very familiar with this type of situation and can usually employ tactics to resolve the situation in a professional manner before it escalates further or becomes personal. On the very rare occasion that no resolution can be found they will start legal proceedings on your behalf, to get the tenant evicted.

Providing A Robust Tenancy Agreement - A tenancy agreement is a contract between you and your tenants and is required by law. It protects your property, sets out your obligations and that of your tenants and prevents potential disputes happening in the future. Property management services can help you draw up a tenancy agreement for your property.

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