Dubai-based Sweid & Sweid Real Estate Development Company announced the completion of construction work on its latest real estate project, the 6 Falak Project, a commercial project located in Dubai Internet City to meet the growing demand from tenants for sustainable offices, which led to an increase in pre-leasing commitments. To more than 90%.
The 6 Falak project joins The Edge project, which is also located in the heart of the “Dubai Internet City” district, where the project received great interest from tenants from multinational companies before the completion of construction work, including Roland Berger, Merck Sharp & Dohm, and I. F.S.
Maher Sweid, Managing Partner of Sweid & Sweid, said: “We are witnessing an increasing trend of environmentally conscious requirements emerging in Dubai, as tenants have become more focused on sustainable commercial developments when searching for new office space, which is rapidly becoming a decisive factor in decision-making. Rent buildings that can meet these requirements faster and at higher prices.”
The “6 Falak” project was designed and built according to LEED Gold specifications, the rating system of the US Green Building Councils, which is the most famous and internationally approved standard. The project was redesigned from an abandoned, partially built structure, which is a sustainable practice that significantly reduces carbon emissions, and it is relatively new. On the real estate scene in Dubai.