Downtown Dubai’s largest real estate deal of the year so far has been announced after Driven Properties bought Emaar Square Building 3 for AED505m ($137.5m).
Spanning an impressive 378,885sq ft, this acquisition highlights Driven Properties’ dedication to addressing the high demand for premium office spaces in the city’s most coveted area.
Located in the vibrant heart of Downtown Dubai, Emaar Square Building 3 stands as a prestigious address favoured by leading businesses seeking both prominence and visibility.
Emaar Square in Downtown Dubai
With premium office spaces in this prime location being highly limited, Driven Properties’ strategic acquisition ensures that companies can secure exceptional environments designed to foster growth.
Abdullah Alajaji, Founder and CEO of Driven Properties, said: “As Dubai continues to establish itself as a global business powerhouse, Driven Properties is committed to playing a key role in shaping the city’s commercial real estate landscape.
“Our investment demonstrates our unwavering commitment to excellence and our proactive approach to meeting market demands.
“By expanding our portfolio with this landmark building, we’re not only enhancing our offer but also supporting the ambitions of businesses that make Dubai so dynamic. Moving our headquarters to Emaar Square 3 is a significant step for us—it places us right at the centre of the action, where innovation and opportunity thrive.”
Hadi Hamra, Managing Partner at Driven Properties, said: “The purchase was made through a dedicated fund, ensuring a thoughtful expansion for Driven Properties. Relocating the company’s headquarters to Emaar Square 3 not only signifies growth but also reinforces Driven Properties’ reputation as a trusted and influential player in Dubai’s competitive real estate market.”
This acquisition is set to make a substantial impact on Downtown Dubai’s commercial real estate scene by providing much-needed premium office spaces.
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