Search DubaiPRNetwork.com

Home >> Real Estate & Retail

Central Park Towers at DIFC welcomes key government departments as tenants in 2018

Sunday, January 20, 2019/ Editor -  

Share

Home >> Real Estate & Retail

Dubai, UAE, 20 January 2019:   Central Park Towers, one of Dubai’s leading commercial, retail, and residential destinations in Dubai International Financial Centre (DIFC) has been tremendously successful in attracting prestigious tenants to their commercial office tower. The building continues to attract corporate businesses, and government departments with its convenient location, design aesthetics, and value for money proposition.  

Two key government departments that have recently leased office space at Central Park Towers; the UAE Federal Tax Authority, who occupy three floors and the UAE Ministry of Economy, who occupy five floors in the tower.  

The Federal Tax Authority have established their new 63,000 sq.ft. headquarters in the office tower. The Authority is responsible for developing and managing UAE’s taxes in accordance with international best practices.   

The Ministry of Economy have relocated some of their departments to five upper floors in Central Park Towers. The Ministry is responsible for developing UAE’s economy, through the creation of a pro-business environment that contributes to the balanced and sustainable development of the country.  

Central Park Towers is the largest single-owned office development within DIFC free zone, providing efficiency and stability in a secure business environment. The new dual-licensing guidelines in DIFC are also attracting businesses that benefit from having both on-shore and off-shore trade licenses. 

Arif Mubarak, Chief Executive Officer at Arady Developments LLC said, “We are honoured to have the UAE Ministry of Economy and Federal Tax Authority select Central Park Towers as a location for their offices. The addition of these integral governmental departments to our tenant mix is testament to the unparalleled value we provide our discerning clients through our unique offering that combines location, efficiency, and world-class standards of design and amenities”. 

Central Park Towers also signed several new leases in 2018 with leading international entities including Schlumberger Global, Victorian Government Trade & Investment, Tokyo Marine Group and Korean International Trade Association. 

These new tenants seamlessly complement the existing portfolio of international tenants such as Marriott Hotels International, Merck Serono Middle East, Bank of Singapore, and ICICI Bank.  Central Park Towers has created a vibrant community of offices, retail and residential apartments in a contemporary urban environment.  The easy access to service retailers, dining options, cafes and premium lifestyle amenities helps provide the perfect work-life balance.   

It is home to some well-known brands like Spinneys and Starbucks, as well as unique and new-to-Dubai brands such as Barry’s Boot Camp, a popular American fitness concept; Fogo de Chao, a Brazilian steakhouse and bar; Café Frei, an international coffee house; Nina’s Boutique, a niche floral design company and Bombay Shirt Company, bespoke shirt tailoring. It also houses home-grown UAE brands such as Poke & Co, Krave, This Is It, Mama’esh and EnVogue Salon.  

 


Previous in Real Estate & Retail

Next in Real Estate & Retail


Home >> Real Estate & Retail Section

Latest Press Release

Eid Gifts From The Body Shop

Celebrate EID with Special Offers on HONOR Smartphones

Trina Solar Publishes Its Vertex Module Technology White Paper, Unveiling a Bran ...

DFDC, FDF Hold Joint Webinar on Managing Stress and Anxiety Amid COVID-19

du Keeps Loved Ones and Families Connected During Eid Al Fitr With World Calling ...

SALAMA Announces AED 13.65 Million Profit for Q1 2020

SITA Steps Up Development of a Self-sovereign Identity for Air Travel

Made in Italy, ICSA® Issues a Notification of Counterfeit Products Found in the ...

Union Coop Al Barsha – 3 Commercial Center 40% Complete

Dubai Customs and Omani Counterpart Discuss Post-Covid19 Era

Special Edition Jaguar XE, XF & Range Rover Vogue Vehicles Arrive in UAE

Ralph Lauren: How to master the art of tie-dye. #RLatHome

First Range Rover Made Under Social Distancing Measures Comes Off Jaguar Land R ...

VFS Global Joins Nation's Biggest Community Campaign; Donates to the 10 Million ...

Emirates Sets Industry-leading Safety Standard for Customers Travelling as It Re ...

IATA COVID-19 Middle East and Africa Update Today at 12 PM

Samsung Brings Unparalleled Offers to Tech Enthusiasts This Eid

Introducing the Marks & Spencer Summer Edit

The Heart of Europe Takes Shape as the Ultimate Sustainable Island Tourism Desti ...

Mubadala Supports the Fight Against COVID-19 by Leveraging Its Assets' World-Cla ...