DUBAI, September 2, 2022 (WAM) — DMCC, the Dubai Government’s Department of Merchandise Trade and Business Control, has announced that all office space in the Uptown Tower development will be fully pre-leased prior to the tower’s completion of construction. announced that it was this year.
Over 495,000 square feet of Grade A office space across 22 floors has been pre-leased as DMCC expands its footprint in Dubai to accommodate its rapidly growing 21,000+ member companies.
Major tenants of the Uptown Tower include Hisense, HIKVision and the Gemological Institute of America (GIA), all of which have chosen DMCC as the location of their regional headquarters. The Uptown Tower will also be home to DMCC’s new headquarters and state-of-the-art business center.
DMCC Chairman and Chief Executive Officer Ahmed Bin Sulayem said: The pre-leasing of 100% of Uptown Tower’s office space prior to completion by various major global companies choosing Uptown Tower as a base for their Middle East and international operations will benefit both DMCC and Dubai’s thriving economy. Another testament to investor confidence in “
“The Uptown Tower offers an unmissable proposition. It represents the latest addition to the DMCC’s award-winning business community of 21,000 member companies. A complete suite of hyper-connected business districts and trade facilities. Through DMCC, Uptown Tower is a significant enhancement to our offering and we are proud that it has been so well received in the market.”
Uptown Tower will be the first tower to be built as part of the recent addition to DMCC’s portfolio of Uptown Dubai precincts, offering premium commercial, residential and recreational areas. Construction on Uptown Dubai is progressing rapidly, with construction on his next two commercial towers set to begin soon.
Including Uptown Tower, Uptown Dubai will feature just under 6 million square feet of Grade A commercial and residential space, a significant number of retail and dining options, nearly 2,000 residences, a unique central entertainment plaza and numerous luxury hotels. Offers. World-leading amenities for residents, workers, and guests.