The plot of land extends over an area of 378,885 square feet, and is classified as one of the largest acquisition deals out of the total value of real estate deals witnessed in downtown. Dubai this year.
This deal falls within the framework of Driven Properties’ commitment to meet the growing demand for luxury office space in the most famous and distinguished area in the region. Emirate of Dubai.
Abdullah Al-Ajaji, founder and managing director of Driven Properties, said: “This step reflects our firm commitment to excellence and our proactive approach to meeting market demands. By adding this historic building to our portfolio, we are not only strengthening our offerings, but also supporting companies’ ambitions to contribute to… Making Dubai a very dynamic city Moving our headquarters to Emaar Square 3 is a landmark step for us – it puts us at the heart of the action, where innovation and innovative opportunities flourish.”
Managing Partner of Driven Real Estate, Hadi Hamar, added: “The purchase was made through a dedicated fund, which ensures the deliberate expansion of Driven Real Estate.”
He added: “Moving the company’s headquarters to Emaar Square 3 will contribute to achieving new levels of growth for it, in addition to enhancing its reputation as a reliable provider in the competitive real estate market in Dubai.”
This acquisition deal is expected to have a significant impact on the commercial real estate scene in Downtown Dubai, by providing premium office space, which is witnessing a steady rise in demand. Driven Real Estate is preparing to attract leading companies to the region, to contribute to enhancing commercial activities and economic growth in one of the most distinguished and famous business centers in the world.
