Sweid & Sweid, a leading real estate company, has awarded the construction contract for its AED730 million ($198 million) Grade-A office development in Jumeirah Lakes Towers (JLT) to Dutco Construction. 

 

On completion, Sweid One is designed to offer 500,000 sq ft of premium office space with a range of amenities aimed at attracting tenants that are looking for a quality workplace environment in JLT, said the developer. 

 

It will include a selection of unique food and beverage options, setting it apart from neighbouring projects. 

 

Sweid & Sweid said the parking concerns in the area will be addressed through four underground parking levels spanning the entire footprint of the building, along with a dedicated visitor parking structure. 

 

Accessibility will be a key feature, with dual entry points from both sides of JLT and a shuttle bus service providing convenient transportation to and from the metro station, it added.

 

"Sweid One is a pivotal project for us, designed to raise the bar for commercial office space within JLT," said Maher Sweid, Managing Partner of Sweid & Sweid. 

 

"With Dutco Construction’s extensive track record of executing quality projects, we are confident that Sweid One will set a new standard in the area," he stated.

 

As a leading contractor known for major projects such as the Dubai Mall, Box Park and Marina Heights Tower, Dutco Construction has extensive expertise in delivering iconic projects. 

 

This collaboration continues a long-standing relationship between Sweid & Sweid and Dutco Construction, who have previously worked together on the highly successful Visa Headquarters building in Dubai Internet City.

 

Dutco Construction echoed this sentiment, as Nelson Gibb, Group CEO of Dutco Group, said: "We are proud to work again with Sweid & Sweid on this project. Our team is ready to bring this remarkable project to life, leveraging our expertise to deliver it efficiently and to the highest standards."

 

Work has already begun on Sweid One with the completion scheduled for Q4 2026, he added.