DMCC Expands With Two New Towers in Dubai's Uptown

Post by : Bianca Suleiman

DMCC has revealed the initiation of two new commercial structures, One Uptown Place and Two Uptown Place, within its prestigious Uptown Dubai district. This move signifies a critical expansion phase for the area as a premier international business hub.

The planned towers will contribute over 560,000 square feet of Grade A office space. Post-development, the total commercial area in Uptown Dubai will exceed 1 million square feet. Leasing opportunities for these towers are anticipated to commence in the latter half of the year, while construction is slated for completion by the first quarter of 2028.

Standing at 21 and 15 storeys respectively, the towers are crafted to cater to various business needs, accommodating both large multinationals and emerging enterprises. Office layouts will range between 2,100 and 17,600 square feet, with select floors showcasing multi-level office configurations linked by private staircases, suited for larger companies.

The initiative will also incorporate approximately 82,000 square feet of retail space, enhancing Uptown Dubai as a vibrant mixed-use locality, combining work, shopping, and lifestyle amenities.

This ambitious expansion reflects DMCC’s ongoing efforts to cultivate new business ecosystems within finance and capital markets. Initiatives like FinX and the Wealth Hub aim to draw in financial firms, fintech start-ups, and digital asset enterprises, thereby increasing the demand for top-notch office spaces in well-connected locales.

Ahmed Bin Sulayem emphasizes that today’s businesses seek flexible work environments with robust connectivity and access to global markets. He noted that the new towers respond to the increasing needs from sectors such as trade, finance, and technology, fostering the development of modern enterprises.

The Brewer Smith Brewer Group has designed the buildings to focus on user comfort and operational efficiency. Amenities will include dining venues, retail units, and a swimming pool, along with over 1,600 parking spots featuring valet service and a shuttle connection to the Dubai Metro.

Additional highlights comprise expansive floor-to-ceiling glass windows that provide sweeping views, 13 high-speed elevators, and optimized inter-floor access for larger firms.

Both towers are pursuing LEED Gold certification with sustainable features such as energy-efficient systems, water conservation methods, and enhanced indoor air quality.

DMCC is currently inviting expressions of interest from prospective businesses prior to formal leasing arrangements. With this development, Uptown Dubai is poised to emerge as a key player in global trade, finance, and innovative technologies.

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