The ACICO Group of Kuwait developed the ACICO Business Park. ACICO Group (originally “ACICO Industries Co.”) was founded in Kuwait in 1990. It grew into a large construction and real estate company and opened a Dubai office in 2005. In 2008, ACICO launched the ACICO Park project in Dubai. Key dates include:
- 1990: ACICO was founded in Kuwait.
- 2005: ACICO opens Dubai branch.
- 2008: ACICO launches the Business Park in Deira, Dubai.
Today, ACICO Park serves as one of ACICO’s regional real estate ventures. ACICO describes itself as a full-service, multi-sector construction group based in Kuwait, with divisions across cement, construction, and property development. The Business Park is part of ACICO’s real estate arm.
ACICO Business Park Location
ACICO Business Park is situated in Deira, Dubai, in the Port Saeed/Al Khabaisi area. It’s located right behind the Nissan car showroom and next to the City Centre Deira mall. The precise address is 7, 29A Street, Port Saeed, Deira, Dubai. It is situated close to a big road and is a convenient bus or metro ride away.
The main street, Sheikh Rashid Road, is only 0.5 km away. It is accessed from Bur Dubai or Umm Ramool, a 7-minute drive, and is not on Dubai Creek. If you want to use public transportation, the closest station is Deira City Centre Metro Station, just a 13-minute walk away. You can also access many buses, such as 27, C1, C26, C9, E307, and X28.
The beachside and water park may be distant from here, but you will still find blue spots to take your family to like Dubai Creek, which is 2 km away. Also, shopping centers such as Al Ghurair Centre and Deira City Centre are nearby. This place has a colossal parking area for employees, which has both covered and open sections.
ACICO Park is easily accessible by car or public transport. It’s not difficult to find the right way to this place.
- Road Access: 0.5 km from Sheikh Rashid Road (major highway).
- Airport: 8 minutes by car from Dubai International Airport.
- Public Transport: Deira City Centre Metro is a 13-minute walk; many bus lines (like 27 and C1) are close by.
- Nearby Landmarks: Behind Nissan Showroom; next to City Centre Deira; near Dubai Creek.
- Parking: Covered and open parking available.
Architecture and Construction
The center is high. It is a new-age building. It has a clear and concrete surface with straight lines. ACICO has the most innovative of world-class office standards. It is nine stories high. The shops and restaurants are on the ground floor, and the offices are above. In the center, the corridors are brightly lit, and there are many elevators for people to ride on.
- Design: A glass-and-concrete tower that looks like a modern office.
- Floors: The nine floors consist of offices and shops on the ground floor.
- Construction: ACICO is responsible for construction, serving as the main contractor. In 2011, it was ready for use. The project’s overall operation was seamless.
The ACICO Park provides a thoughtful, helpful environment in the office. The door and lobby are also suitable for commercial company needs and are also in accordance with the regulations adhered to in that area.
Businesses and Industries
People work every day to improve the efficacy of the products and services of the ACICO Business Park building. This is mainly an office building, so the businesses there are professional and focus on services. There are various businesses situated there such as travel and tourism, marketing and media, real estate, trading, legal help, finance, and technology. For example here are some of them:
- Travel & Tourism: Rayna Tours & Travels from UAE is based here and they help with travel and visas.
- Marketing & Media: Sky Bridge Marketing Management LLC provides marketing services from the 3rd floor.
- Real Estate/Trading: ACICO Real Estate and AIMACS General Trading have offices in the park.
- Professional Services: There are also companies for law, consulting, finance, and IT.
These businesses operated from tiny local entities to some parts of the large regional companies. Therefore, this park attracts many different types of businesses. In other words, there are no factories and heavy industries here. Thus, it only has office-based businesses that serve the UAE and GCC markets. According to people, the place has become a very vibrant and diverse business community in the building.
Facilities and Services
The complex is furnished with new office features to aid businesses in their efficient functioning. The essential features are as follows:
- Power & Water: The building offers non-stopped electricity via its generators and a water supply that does not alter in any way.
- Elevators: One of the practicality checks was to ensure that all the lifts are fast.
- Security: Security personal are always present on the premises around the clock as well as common places are under surveillance from the cameras.
- The Internet: Wi-Fi and fiber optic services are provided for the entire building.
- Meeting Rooms: Tenants have the possibility of using many meeting and conference rooms fully furnished.
- Common Areas: In addition to the help desk in the lobby, tenants can also enjoy the lounge and courtyard. Cleaners perform their duties on a daily basis.
- Parking: There are many closed parking spaces for cars.
Including the help of a reception desk and the presence of property management on-site add an extra bonus to the building’s already long list of benefits. It promises central A/C systems and power generators in case of a power outage. All these facilities help companies work smoothly without much interruption.
Sustainability and Environment
ACICO Group gives top priority to the environmental care label in every project they enter into. At the ACICO Business Park, they went through some energy-saving methods. An external company was responsible for the check of the building’s cooling system and recommended changes such as better valves and control devices which is capable of saving AED 270,000 per year on energy.
It is a proposal to improve their energy policy. ACICO reports that they genuinely care for the environment and this matter is of great importance to them. Despite this fact, The Business Park is not a green certified building, but, they are trying to do this through more efficient fixtures and the upgrading of cooling systems. They also have green areas, for example, a courtyard with plants and outdoor seating.
Ownership and Management
ACICO Group owns and operates ACICO Park. This company is listed on the Kuwaiti stock exchange and deals in building materials, construction, and real estate. The real estate division of ACICO is responsible for developing buildings, such as the Business Park. ACICO, established in 1990 and going public in 1997, makes a point of ensuring the park is properly managed, stays neat, and provides rental spaces for the public. The group focused on developing the skyscraper in Dubai as its main thrust for expansion.
Strategic Importance
The park is situated in Dubai, still, it demonstrates the importance of the ACICO Group in the Gulf states. Known as a Kuwaiti organization, it is well known in the Middle East, as its projects bridge the country’s building sector with the UAE market. This park is a unique part of the Gulf’s history as it is known as the “top business place” where both local and international businesses meet. Located in Deira, the park is situated in a formed area in Dubai. It is very big and victorious, which makes Dubai the best tourist destination.
The Top Business Place (IT series) is the business zone that connects local and multinational companies. Its establishment also plays a significant role in bringing economic benefits to local people through business promotion, sustainable tourism, and education. From the side of Kuwait, ACICO, on one hand, invests money and on the other hand, brings back know-how. By the way, the advancement of the park is a good example that Kuwaiti companies can also develop without oil.”
Tenants and Partnerships
ACICO Park is a huge office building in Dubai. There are many companies located there, for instance, Rayna Tours and Sky Bridge Marketing. The landlords of ACICO Real Estate are also here. Other companies, for example, AIMACS General Trading and different lawyers, money, and tech companies, rent space here. The park did not benefit from the government or any special partnerships. Instead, it is run by renting space to companies. The entry floor is also open to the public, including Piccolo Mondo Avenue and a restaurant called Sobh Wa Mesa. These qualities are beneficial for working individuals and visitors.
The ACICO Business Park, which has a management team in Kuwait, has been relocated to Dubai. The building’s architecture is stunning; it has many floors, and all the amenities companies need. The building’s location in Deira is advantageous, as it’s only a short walk to the main roads and buses, and it’s also affordable. The building benefits local businesses in travel, marketing, and the economy. The owner of the building, ACICO Group, on its part, is a real asset to the Dubai market, bringing experience and capital from Kuwait.
