Dubai’s ICD Brookfield Place receives first set of tenants

Dubai’s lifestyle and business destination ICD Brookfield Place has welcomed its first set of tenants, including Julius Baer, Natixis, Latham & Watkins, and Akin Gump.

The 53-storey, 1.1 million square feet commercial property, offers dining, retail and community spaces alongside modern workspace. EY is expected to move into the property in October, while the Arts Club will open later this year.

“With a growing call for workplaces to evolve in the face of a ‘new normal’, we are proud to offer a world-class workspace within an urban setting in the heart of the city, which will be home to regional headquarters of some of the world’s leading companies,” said Khalid Al Bakhit, chairman, ICD Brookfield.

“ICD Brookfield Place offers numerous reasons to return to the workplace; the richness of amenities, best-in-class technology, wellness features, and hotel-standard property management will elevate the standards of the commercial property market in the UAE.”

Located in the Dubai International Financial Centre (DIFC), the precinct features 990,000 square feet of Grade A office space alongside 160,000 square feet of retail amenities including private members club, The Arts Club, a chef-driven food hall, health and fitness club, and a community hub. The building also hosts over 140,000 square feet of green space, including a half acre, 31m high public atrium.

The building fitted with column free floorplates and an internal planning grid, enables efficient workplace design, providing for a variety of office layouts that can adapt as businesses evolve.

Régis Burger, head of Middle East and Africa and chairman of Julius Baer (Middle East) Ltd said; “We at Julius Baer are very proud of our long standing presence in the DIFC, established over 15 years ago. The UAE continues to be a strategic core market for us and the relocation to a prominent address such as ICD Brookfield Place will support us in further cementing our commitment to the country.”

Features of the base build, such as the air filteration system which increases fresh air by 30 per cent, coupled with UV air treatment, helps protect against the spread of infection.

“As businesses transition back to physical workplaces, finding ways to respond to the health and safety of the workforce is more important than ever before. ICD Brookfield Place is at the cutting edge of health-centric building design,” Khalid Al Bakhit added.

ICD Brookfield is a joint venture partnership between Investment Corporation of Dubai (ICD) and Brookfield Asset Management.