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DMCC AND SWEID & SWEID LAUNCH LANDMARK GRADE-A OFFICE DEVELOPMENT IN JLT DISTRICT
• Sweid One will present 500,000 sq. toes of Grade-A industrial workplace area to fulfill rising industrial demand
• Set for completion in 2026, the challenge will supply its tenants a big selection of facilities and providers
• DMCC continues to assist the industrial scene in Dubai, facilitating enterprise progress and attracting FDI
DMCC – the world’s flagship free zone and Authorities of Dubai Authority on commodities commerce and enterprise, and Sweid & Sweid, a distinguished Dubai-based worldwide actual property developer, have introduced the launch of a brand new Grade-A industrial workplace area challenge, Sweid One, within the coronary heart of its vibrant Jumeirah Lakes Towers (JLT) district.
Set for completion in 2026, the five hundred,000 sq. toes challenge can be developed to Sweid & Sweid’s state-of-the-art architectural design and challenge specs, complementing its current suite of profitable industrial developments, that are residence to many main multinational establishments together with Visa, Oracle and Google.
With DMCC’s worldwide enterprise district rising at document ranges in recent times, the brand new constructing is a response to the market demand for brand spanking new premium workplace area, providing its tenants a big selection of meals and beverage choices, ample customer parking, sweeping panoramic views and twin entry from each JLT’s Sarayat and First Al Khail Streets.
Ahmed Bin Sulayem, Government Chairman and Chief Government Officer, DMCC, mentioned: “With new state-of-the-art services throughout 500,000 sq. toes of Grade A workplace area, Sweid One is a mirrored image of DMCC’s latest record-breaking progress and our dedication to offering much more world-class choices for the worldwide enterprise neighborhood on the coronary heart of Dubai. Sweid One completely aligns with the imaginative and prescient we now have for JLT and we’re thrilled to associate with Sweid & Sweid as we proceed to increase and constitution extra thrilling progress for the district.”
Maher Sweid, Managing Associate at Sweid & Sweid, commented: “Sweid One is not only one other addition to our in depth portfolio, it signifies the initiation of a brand new period of progress and enlargement for the agency. Within the face of difficult developments affecting industrial workplace area within the west, notably america, Sweid & Sweid stays steadfastly optimistic concerning the prospects of the industrial actual property sector in Dubai and its enduring attraction and resilience as a regional hub for a lot of companies.”
“The challenge has been designed to cater to future office developments and DMCC’s vibrant enterprise ecosystem, providing a variety of tenant areas – from 500 sq. foot totally fitted micro-suites to 27,000 sq. foot full ground workplaces. Sweid One may even be incorporating environmentally accountable initiatives and focusing on LEED certification,” he added.
JLT has grown to develop into one of many main mixed-use communities within the area. Central to its attraction for residents and guests is its numerous providing of leisure, hospitality, eating and recreation services. From F&B pop-ups to five-star eating, and neighborhood markets to high-end retail, JLT gives one thing for everybody.
In its dedication to catalysing enterprise progress and enlargement, DMCC continues to play a significant position in advancing the industrial scene in Dubai. Via the event of unparalleled infrastructure and the assist of a vibrant enterprise neighborhood, DMCC accounts for 11% of the international direct funding (FDI) to Dubai.
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