DMCC to launch two new commercial towers for "Uptown Dubai" by 2028

WAM

The Dubai Multi Commodities Centre (DMCC) has launched two new commercial towers, “One Uptown Place” and “Two Uptown Place”, as part of the expansion of the Uptown Dubai area.

The project will add more than 560,000 square feet of Grade A office space, bringing the total commercial space in the area to more than one million square feet, with leasing expected to start in the second half of the year and completed in the first quarter of 2028.

Comprising 21 and 15 floors respectively, the towers are designed to accommodate a wide spectrum of occupiers, from multinational corporates to fast-scaling firms. Office configurations will range from 2,100 square feet to 17,600 square feet, with select floors offering integrated, multi-level layouts connected by private staircases – a format aimed at larger tenants seeking operational cohesion.

An additional 82,000 square feet of retail space will be incorporated into the development, reinforcing Uptown Dubai’s positioning as a mixed-use destination that combines commercial, retail and lifestyle offerings within a single, connected environment.

Designed by Brewer Smith Brewer Group, amenities will include in-building dining, retail outlets and a swimming pool. The development will also provide more than 1,600 parking spaces with valet services, alongside a dedicated shuttle connection to the Dubai Metro.

Floor-to-ceiling glazing will offer panoramic views across the district, while 13 destination-controlled elevators and inter-floor connectivity are intended to enhance efficiency for larger occupiers.

Both buildings are targeting LEED Gold certification, incorporating energy- and water-efficiency systems, solar-controlled glazing and enhanced indoor environmental standards.

DMCC is currently accepting expressions of interest from prospective tenants ahead of formal leasing later this year, as it continues to position Uptown Dubai as a next-generation hub for global trade, finance and emerging technologies.

 

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