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The Dubai Merchandise Trade and Enterprise Authority DMCC has announced that all office space in its Uptown Tower development has been fully pre-leased ahead of the completion of construction of the building later this year.
As DMCC expands its footprint in Dubai to accommodate its rapidly growing 21,000+ member companies, more than 495,000 square feet of 22-story Grade A office space has been pre-leased.
Uptown Tower’s key tenants include Hisense, Hikvision, Gemological Institute of America (GIA), and more, all of which have chosen DMCC as the location for their regional headquarters.
Upon completion, Uptown Tower will also be home to DMCC’s new corporate headquarters and state-of-the-art business center.
Ahmed bin Sulayem, Executive Chairman and Chief Executive Officer of DMCC, said: “The launch of Uptown Tower and the wider Uptown District further enhances Dubai’s strong commercial appeal and is a great addition to the city’s Business centres, ports and airports provide unparalleled connectivity.”
“As a series of leading global corporations have chosen Uptown Tower as a base for their Middle Eastern and international operations, pre-leasing 100% of Uptown Tower’s office space prior to completion, this is yet another testament to investors’ confidence in DMCC and Dubai’s thriving economy, ‘ he added.
Uptown Tower, the first tower in Dubai’s Uptown, is the newest addition to DMCC’s portfolio, offering premium commercial, residential and leisure areas.
According to DMCC, construction of residential areas in Dubai is progressing rapidly, with the next two commercial towers set to start soon.
Including Uptown Tower, Uptown Dubai will offer nearly 6 million square feet of Grade A commercial and residential space, extensive retail and food and beverage outlets, approximately 2,000 residences, a unique central entertainment plaza and many luxury hotels, all offering world-class – Provide leading amenities for residents, workers and guests.
“Uptown Tower offers an offer not to be missed and represents the newest addition to the business community of DMCC’s award-winning 21,000 member companies,” said Bin Sulayem.
“DMCC has become synonymous with growth through our highly interconnected business district and full range of trade facilities. Uptown Tower significantly enhances our offering, so we are proud to see it embraced by the market,” he added.-TradeArabia News Service
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