King & Spalding Advised Driven Properties on Acquisition of Emaar Square Building 3

King & Spalding advised Driven Properties on its AED 505 million acquisition of Emaar Square Building 3, enhancing its premium office portfolio in Dubai’s Downtown.

Update: 2024-11-07 07:30 GMT

King & Spalding Advised Driven Properties on Acquisition of Emaar Square Building 3

King & Spalding advised Driven Properties on its acquisition of Emaar Square Building 3 in Dubai, a prime office space located in the heart of Downtown Dubai. The AED 505 million ($137.4 million) transaction marks the largest real estate deal in the area this year and expands Driven Properties’ portfolio with a prestigious asset.

Spanning 378,885 square feet, Emaar Square Building 3 is a key addition to the company’s holdings, offering premium office spaces in one of Dubai’s most sought-after locations. The acquisition underscores Driven Properties’ commitment to meeting the growing demand forhigh-quality office spaces in the city’s vibrant business district.

The King & Spalding team in Dubai, comprising Partner Malek Al Rifai and Associates Alex Barker and Husni Al Far, provided legal counsel for this landmark transaction, helping Driven Properties navigate the complexities of this high-profile deal. 

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