Aldar Properties announces plans for a landmark Grade A office tower and the acquisition of a fully leased office building in Dubai, contributing AED 1.8 billion to their investment strategy in the region.

Target Information

Aldar Properties PJSC (Aldar), a prominent real estate developer and asset manager based in the UAE, has officially announced its plans to construct a state-of-the-art Grade A office tower on Sheikh Zayed Road, adjacent to the Dubai International Financial Centre (DIFC). This new development will feature a net leasable area (NLA) of 88,000 sqm and will include a luxury boutique hotel, as well as branded residences, thus creating a multi-functional space that integrates high-quality commercial office areas with top-tier hospitality and food and beverage options.

Situated on one of the last remaining undeveloped double plots in the area, the tower will provide premium office spaces designed with sustainability in mind. Aldar aims to complete the project by the fourth quarter of 2027 and intends for the new tower to feature seamless access to Dubai's major transport networks, including close proximity to the Emirates Towers Metro Station.

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