DMCC launches twin office towers in Uptown Dubai expansion

Dubai Multi Commodities Centre (DMCC) has launched two new commercial towers in Uptown Dubai as part of a wider expansion of the district aimed at meeting rising demand for premium office space from finance, technology, and trade companies.

One Uptown Place and Two Uptown Place will add more than 560,000 square feet of Grade A office space, taking the total commercial footprint of Uptown Dubai to more than 1 million square feet. Leasing is expected to begin in the second half of this year, with the project scheduled for completion in the first quarter of 2028.

The towers, comprising 21 and 15 stories, respectively, will include office units ranging from 2,100 square feet to 17,600 square feet. Select floors will feature integrated multi-level layouts connected by private staircases, targeting larger occupiers.

The development will also include 82,000 square feet of retail space as DMCC continues to position Uptown Dubai as a mixed-use business and lifestyle destination.

Ahmed Bin Sulayem, Executive Chairman and Chief Executive Officer of DMCC, said, "Businesses are increasingly prioritizing environments that combine connectivity, flexibility, and access to capital and markets. With One Uptown Place and Two Uptown Place, we are adding over 560,000 square feet of Grade A office space, taking Uptown Dubai’s total commercial capacity beyond 1 million square feet.

“The towers are designed to accommodate a wide range of occupiers, featuring office configurations from 2,100 to 17,600 square feet, including integrated multi-level layouts. This reflects the scale and sophistication of demand we are seeing across trade, finance, and technology. As we continue to build out ecosystems for the next generation of businesses, including DMCC Wealth Hub, FinX, and the Maritime Centre, Uptown Dubai is evolving into a fully integrated district, offering companies a premium and connected platform to grow and operate globally.”

The expansion comes as DMCC builds new finance and capital markets ecosystems through initiatives including DMCC FinX and DMCC Wealth Hub, which are designed to attract financial institutions, fintech firms, alternative lenders, and digital asset companies.

DMCC said demand from these sectors was driving the need for additional high-specification office space in connected business districts.

The towers were designed by Brewer Smith Brewer Group and will include in-building dining, retail, a swimming pool, more than 1,600 parking spaces, and a shuttle link to the Dubai Metro.

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