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DMCC Unveils Uptown Dubai’s Next Chapter: Two Towers Rise

Posted by main.admin on February 2, 2024

Dubai Multi Commodities Centre (DMCC) has embarked on the exciting journey of the second phase of Uptown Dubai. The groundbreaking ceremony signals not just the start of construction but a significant step in elevating Dubai’s real estate landscape. Let’s delve into the details of this groundbreaking venture.

Unveiling the Grandeur: Two Towers on the Horizon

DMCC’s visionary pursuit of enhancing and expanding its real estate offerings is showcased in the launch of two mid-rise towers in Uptown Dubai’s second phase. Standing proudly at 23 and 17 storeys, these towers are set to redefine the southern end of the city.

Commercial Oasis: Grade A Office Spaces

The heart of these towers lies in their offering—approximately 70,000 sq m of Grade A commercial office space. Aligned with the premium standard of urban living, an additional 8,000 sq m is dedicated to food and beverage as well as retail outlets. This harmonious blend contributes to the vibrant community ambiance.

A Visionary District Unfolds

Uptown Dubai’s evolving district now boasts nine towers, with more than half unveiled in this phase. The Plaza, the district’s focal point, promises a hub of dynamic activities. From immersive art installations to music, film, and fashion performances, it aspires to be the nucleus of cultural engagement.

Leadership Insight: Ahmed Bin Sulayem

Ahmed Bin Sulayem, Executive Chairman and CEO of DMCC, echoes the vision set by His Highness Sheikh Mohammed bin Rashid Al Maktoum. The pursuit of providing quality commercial space, despite warnings of oversupply, has been a driving force. The success of Uptown Tower’s Grade A offices reaffirmed this commitment.

Groundbreaking Momentum: Swissboring Takes the Lead

Swissboring Overseas Piling Corporation has been entrusted with the enabling and foundational works. Their focus includes basement retention systems, foundation works, podium levels, bridges, dewatering, and excavation. This meticulous groundwork paves the way for the towers to rise.

Uptown Tower’s Legacy

The second phase follows the success of Uptown Tower, which opened its doors in 2023. This 81-storey marvel hosts global businesses, including Invisalign, Wellbred, Hikvision, and the Gemological Institute of America. The tower also integrates hotel rooms and branded residences as part of the luxurious SO/ Uptown Dubai hotel.

Image Credits: Arabian Business

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