King & Spalding advises Driven Properties on AED505m Purchase of Emaar Square Building 3
King & Spalding represented Driven Properties on the addition of Emaar Square Building 3 in Dubai to its portfolio through an AED505m (USD137.4m) acquisition.
Emaar Square Building 3 spans 378,885 square feet and located in the vibrant heart of Downtown Dubai, offering premium office space to a host of key tenants. The acquisition stands as the largest real estate deal in Downtown Dubai this year and highlights Driven Properties’ dedication to addressing the high demand for premium office spaces in the city’s most coveted area.
The King & Spalding team advising on this transaction included Malek Al Rifai, Alex Barker and Husni Al Far in Dubai.