September 25, 2024

Contact Us | Feedback

Sweid & Sweid Announces Sale Of 6 Falak To Aldar Properties

Facebook
Twitter
LinkedIn
Pinterest
Pocket
WhatsApp
6 Falak is a Grade A office building in Dubai Internet City, offering 90,000 sqft of premium office space

Sweid & Sweid has announced the sale of 6 Falak, a newly built Grade A office building in the heart of Dubai Internet City (DIC), to Aldar Properties.

The recently completed property stands out as one of the highest-quality assets in DIC, offering over 90,000 sqft of institutional-quality commercial office space. The fully occupied property is positioned on one of the last remaining freehold plots in the free zone and is now home to several multinational blue-chip tenants, including Roland Berger, MSD, and IFS.

Maher Sweid, Managing Partner of Sweid & Sweid, stated: “The completion of this transaction marks another milestone for the company in creating world-class office spaces. 6 Falak represents the calibre of projects we always aim to deliver, and we are confident it will serve Aldar’s portfolio of high-quality assets well.”

The sale of 6 Falak propels Sweid & Sweid forward towards their broader development strategy of scaling their portfolio with projects that cater to the needs of Dubai’s leading commercial tenants. As part of their ambitious vision, Sweid & Sweid has set a target to develop over 3 million square feet of Grade A commercial and industrial space over the next six years.

Sweid & Sweid’s development pipeline includes significant projects in Jumeirah Lakes Towers (JLT), including Sweid One, a 500,000-square-foot cutting-edge commercial office building and a mixed-use community centre. These projects will transform the surrounding landscape and enhance the district’s vibrant community.

Facebook
Twitter
LinkedIn
Pinterest
Pocket
WhatsApp

Never miss any important news. Subscribe to our newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *

Never miss any important news. Subscribe to our newsletter.

Recent News