Clyde & Co advises Aldar on AED 1.1bn real estate acquisition in Dubai

Clyde & Co has advised Aldar Properties on its AED 1.1 billion acquisition of a mixed-use residential and community retail development in Dubai Studio City, purchased from private developer SRG.

The development will comprise 312 residential units spread across six mid-rise buildings, alongside a community mall offering retail, leisure and F&B concepts, with completion scheduled for 2028.

Legal team

The Clyde & Co team was led by partner Janeen Pickering (pictured), supported by senior associate Manali Sangoi, Senior Associate, along with other members of the real estate practice.