By Staff Reporter
It’s an under construction tower that Aldar is buying at DIFC. For Aldar, this is the second big-ticket office real estate project in Dubai.
Image Credit: Supplied
Dubai: In one of biggest deals in Dubai’s office real estate, Aldar has bought an under-development tower in DIFC for Dh2.3 billion. The tower was owned by H&H Development. Set for completion in 2028, the tower will include commercial and retail space split across its 40 floors.
Aldar, headquartered in Abu Dhabi, has been bulking up its presence in Dubai, having earlier announced a new office tower on Shaikh Zayed Road as well as two upscale residential communities. This is also Aldar’s second office building purchase in Dubai, having earlier acquired the ‘6 Falak’ in Dubai Internet City from Sweid & Sweid.
