DMCC launches two new Uptown Dubai office towers, adding 560,000 sq ft of prime workspace
DMCC unveils One Uptown Place and Two Uptown Place in Uptown Dubai, adding 560,000 sq ft of offices and 82,000 sq ft of retail. Leasing opens H2 2026; completion expected Q1 2028.
The Dubai Multi Commodities Centre (DMCC) has announced the launch of two premium Uptown Dubai office towers — One Uptown Place and Two Uptown Place — expanding the business district’s prime workspace capacity. The Uptown Dubai office towers will add more than 560,000 square feet of Grade-A office space and bring total commercial capacity in the precinct to over one million square feet. DMCC said formal leasing will begin in the second half of 2026 and construction is scheduled for completion in the first quarter of 2028.
Project scope and capacity
One Uptown Place and Two Uptown Place are described by DMCC as luxury office towers intended to serve multinational corporates and fast-growing companies. The taller tower rises 21 floors and the second tower 15 floors, together contributing the bulk of new floorplate capacity in Uptown Dubai. Office modules will range from 2,100 to 17,600 square feet, allowing flexibility for small units and large, integrated headquarters.
The development also includes a significant retail component, with approximately 82,000 square feet allocated to shops, dining and street-level activity. Parking and logistics have been planned at scale: more than 1,600 parking spaces will be provided, supported by valet services and a dedicated shuttle link to a nearby Dubai Metro station. DMCC said these features are designed to make the Uptown Dubai office towers attractive to tenants seeking connectivity and operational efficiency.
Design features and tenant experience
DMCC highlighted a design approach focused on performance, occupant experience and corporate productivity for the Uptown Dubai office towers. The facades will be glazed from floor to ceiling to maximise views and natural light, while 13 smart-controlled elevators and internal inter-floor connections are intended to improve circulation for large tenants. Select floors will offer multi-level layouts connected by internal staircases to suit companies that require contiguous executive or operational spaces.
Amenities specified for the towers include diverse dining options, a retail podium and a swimming pool for tenants and guests. The project brief emphasises a mixed-use environment where commercial, retail and lifestyle elements are integrated, reflecting Uptown Dubai’s positioning as a self-contained business and lifestyle district. DMCC said the aim is to create a seamless setting that supports both office activity and after-hours engagement.
Leasing timeline and target occupants
DMCC has opened a registration process for companies expressing interest ahead of the formal leasing launch in H2 2026. The Uptown Dubai office towers target a broad spectrum of occupiers, from multinational corporations to regional headquarters and fast-growing fintech, commodity and professional services firms. Office sizes and the availability of multi-level floors are specifically intended to attract large corporate occupiers seeking contiguous spaces.
Market observers note that demand for high-specification offices in strategic locations has been rising as the emirate expands its finance, technology and trade ecosystems. DMCC’s parallel launches — including wealth and FinTech platforms within Uptown Dubai — are being pitched as drivers of clustered demand that will feed leasing activity at One Uptown Place and Two Uptown Place.
Sustainability and building certification goals
DMCC said the towers will pursue the Gold rating under the LEED (Leadership in Energy and Environmental Design) system by integrating energy and water efficiency measures. Design elements include solar-control glazing, advanced HVAC optimisation and strategies to improve indoor environmental quality for occupants. The towers’ environmental targets align with wider sustainability objectives set by Dubai for new commercial developments.
Achieving LEED Gold is expected to be a material selling point for multinational tenants and asset managers who prioritise green credentials and long-term operating cost reductions. DMCC indicated that smart-building systems and performance monitoring will be part of the leasing proposition to help tenants meet corporate sustainability goals.
Strategic context in Uptown Dubai and DMCC’s ecosystem
The launch of the Uptown Dubai office towers comes amid a broader push by DMCC to deepen its offering across finance, capital markets and digital assets. DMCC has recently rolled out initiatives such as its FinEx platform and a dedicated wealth centre to attract financial institutions, fintechs, alternative lenders and digital-asset firms to the district. Those initiatives, DMCC says, create a pipeline of demand for high-spec offices in Uptown Dubai.
By increasing core office stock to more than one million square feet in the precinct, DMCC aims to position Uptown Dubai as a next-generation global business hub that links trade, finance and technology. The two new towers are therefore being presented as both speculative office supply and a strategic infrastructure investment to support the cluster DMCC is assembling.
Construction is underway and DMCC is inviting expressions of interest from prospective tenants ahead of the formal leasing window opening in H2 2026. Completion of One Uptown Place and Two Uptown Place is targeted for the first quarter of 2028, after which DMCC expects the towers to become operating anchors in the growing Uptown Dubai business district.
