The first CEO and CEO of the Dubai Multi Commodities Center, Ahmed bin Sulayem, said that the center’s location has now become one of its greatest strengths, and a testimony to the long-term strategy pursued by the wise leadership in Dubai, stressing that the “Uptown” tower contributes to meeting the broader demand that exceeds On display in Dubai.
He added: “The center is not only located a short distance from Jebel Ali Port, but it represents part of the Emirate of Dubai, and it is the easiest to reach from Abu Dhabi, which makes it an ideal commercial center for major companies that do business with the UAE on the overall economic level.”
Bin Sulayem continued: “Based on the many awards and achievements he has achieved, including being chosen as the best free zone in the world for nine consecutive years, and the fact that it contributes about 11% of the total foreign direct investment flows in the emirate, which amount to $15 billion, the expansion of the center Dubai Multi Commodities came out of necessity, not expectation.”
He explained: “With the presence of more than 24,000 companies, of which 3,049 companies joined last year, the demand for first-class residential, office and commercial spaces had been expected since approximately 2016, and during that time Dubai was firmly establishing its position as a global leader in the field of commodities.” “Especially in the gold, diamond and energy sectors.”
Bin Sulayem said that the Uptown Dubai area is located in the middle of a central square with an area of 2,400 square metres, which will accommodate about 4,000 people to engage in a variety of activities, ranging from interactive art installations to music, films and fashion shows. The area will also include eight towers that hold the LEED standard. Golden, including two high-rise mixed-use towers, and six mid-rise residential, commercial and hotel towers. Both high-rise buildings were designed by internationally renowned architects Adrian Smith + Gordon Gill, the visionaries behind Burj Khalifa, and the master plan for Expo 2020. Dubai,” and the two towers, inspired by the prominent position of the Dubai Multi Commodities Center in the diamond industry, embody the geometric features of precious stones, similar to the center’s “Diamond Tower,” which was completed 16 years ago.
He continued: “So far, the completion of the Uptown Tower, the first of two high-rise towers that will crown the area, has been a stunning example of what is coming next, at a time when 31 companies have already occupied 22 floors of first-class commercial office space that had been leased before. The construction of the tower is completed.
According to Bin Sulayem, the list of other occupants who will receive units in the new building includes residents of the “SU/Uptown Dubai” apartments that were recently delivered by “Ennismore”, a joint project with “Accor” that provides 225 exclusive apartments located on the upper 28 floors. Of the building, while the community’s features include an indoor pool, gym, private cinema, and a children’s club, pointing out that with 124 units fully delivered, many of the units have already been sold, and only two of the 12 two-bedroom apartments remain.
In turn, the SO/Uptown Dubai Hotel occupies 10 floors and includes 188 custom-designed rooms and suites, with access to an outdoor pool, gym, health club, fine restaurants, a banquet hall and conference and business facilities.
Bin Sulayem said: “The Uptown Tower is more than 340 meters (1,100 feet) high and consists of 81 floors. It is already a prominent landmark that can be seen from the city’s southern roads. However, the height of the tower will be dwarfed by the construction of its high-rise sister building, and while it has not… The exact height of that tower has yet to be confirmed, and it will become the tallest tower in the region.”
Bin Sulayem said: “Based on the record pre-leasing of a group of first-class offices in (Uptown), the tower was not only a highly sought-after destination for work and leisure, but it also represented a practical solution that contributes to meeting the broader demand that exceeds the supply and availability in the Emirate of Dubai,” pointing out that In the context of Dubai’s growth and future plans, Uptown has established a standard for luxury and sustainability within an economy that has remarkably mastered accessibility and efficiency.
Bin Sulayem stressed that the center will continue to provide a world-class destination, focusing on supporting some of the largest companies in the world to flourish in new markets, while maximizing the opportunities provided by an address worthy of the name.
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