DMCC Uptown offices: twin towers in Uptown Dubai

DMCC Uptown offices arrive as twin towers in Uptown Dubai, delivering office units from 2,100 to 17,600 square feet for SMEs and HQs.

DMCC has launched two new office towers as part of Uptown Dubai expansion, one 21 storeys and one 15 storeys, with unit sizes spanning 2,100 to 17,600 square feet. The announcement focuses on depth of office supply rather than pricing or delivery dates; DMCC has provided the tower heights and the floorplate range but has not published AED pricing or completion timing in the source release.

For investors and landlords the key facts are clear: two towers, large maximum floorplates and a broad size range that can accommodate small firms and corporate headquarters. This report evaluates what DMCC is building, the likely effect on rents and vacancy, the tenant profile that suits these floorplates and the broader investment outlook given the limited public commercial pricing information.

DMCC is building twin office towers in Uptown Dubai comprising a 21-storey tower and a 15-storey tower, with office units ranging from 2,100 to 17,600 square feet.

The two-tower scheme is positioned to deliver a wide spectrum of office floorplates within Uptown Dubai: small units at about 2,100 sq ft for smaller firms and divisional offices, up to very large 17,600 sq ft floorplates suitable for regional headquarters or consolidated operations. The developer's announcement supplied only the storey counts and the floorplate range; no lease rates, sale prices or completion dates were disclosed in the source article. The physical scale alone — a taller 21-storey block and a mid-rise 15-storey companion — signals a meaningful addition to Uptown Dubai's office inventory.

Operationally, the range from 2,100 to 17,600 sq ft gives flexibility to landlords and leasing teams: they can segment supply for SMEs, mid-market professional services and large occupiers seeking contiguous space. The absence of pricing details means leasing strategy will hinge on market rent dynamics in Uptown Dubai and neighbouring clusters, and on DMCC's future disclosures about delivery timetable and service-level offerings.

The immediate effect of DMCC's twin towers on Uptown Dubai rents and vacancy will depend on leasing velocity because DMCC disclosed the storeys and unit sizes but not pricing, so market reaction will be driven by absorption speed.

Uptown Dubai will absorb additional stock that includes floorplates up to 17,600 sq ft and small units from 2,100 sq ft; that breadth can soften upward rent pressure for small-to-medium units while adding competition for large contiguous spaces that currently command premium rents. Because DMCC has not released AED rates or completion timing in the source, landlords and tenants must watch leasing pace: rapid pre-leasing would protect rents for large floorplates, while slow take-up could add to vacancy pressure for comparable stock in Uptown Dubai.

Risk factors include the wider market cycle and how quickly occupiers choose the new DMCC product over existing Midtown or Business Bay options. Without published pricing the market lacks a benchmark from DMCC, so reported storey counts and the 2,100–17,600 sq ft range are the only objective signals; brokers and occupiers will therefore price negotiations against prevailing Uptown Dubai rent levels and comparable large-floorplate availability.

Occupiers likely to lease DMCC's Uptown Dubai towers range from SMEs to regional headquarters because unit sizes span 2,100 to 17,600 square feet, accommodating small teams and large consolidated operations.

Smaller professional services and boutique firms will find the lower end of the range — around 2,100 sq ft — suitable for compact, high-density fit-outs, while corporate tenants and regional HQs will be attracted to contiguous large floorplates up to 17,600 sq ft that reduce inter-floor fragmentation and provide corporate identity. Location in Uptown Dubai combined with DMCC's positioning may appeal to firms seeking a newer grade of office supply with flexibility across unit sizes. The developer did not provide fit-out specifications or amenity lists in the source, so selection will also depend on landlord service levels, parking ratios and F&B or retail adjacency once those details are published.

Tenant decision factors will include the availability of contiguous space, floorplate efficiency and timing: firms expanding in Dubai that require single-floor solutions around 10,000 sq ft or more will evaluate the 17,600 sq ft option directly against alternatives. Without disclosed lease rates from DMCC, total occupancy cost comparisons will be made on a per-sq-ft basis against existing Uptown Dubai stock and neighbouring office clusters.

The investment outlook is cautiously positive but conditional because DMCC has announced storey counts (21 and 15) and a unit size range (2,100 to 17,600 sq ft) while withholding pricing and timing data, so yield and valuation outcomes remain undefined until DMCC reveals lease or sales figures.

For landlords and investors, the 17,600 sq ft maximum floorplate is significant: large contiguous spaces are scarce and can command a premium if leasing demand for corporate HQs strengthens. Conversely, the presence of many small units starting at 2,100 sq ft could dilute scarcity in the SME segment and put downward pressure on rents for smaller suites if absorption is slow. Because DMCC has not published AED pricing or transaction volumes, investors must model scenarios based on current Uptown Dubai market rents and vacancy metrics from independent market reports rather than developer pricing signals.

Key risks include timing of delivery and leasing velocity, neither of which was disclosed in the announcement. Investors should stress-test returns under slower absorption scenarios for both small and large units, and factor in fit-out allowances for large floorplates. Once DMCC publishes lease rates or achieves pre-lets, the investment case will sharpen and allow for concrete yield calculations against actual AED figures.

DMCC's announced Uptown Dubai scheme is a clear addition of office depth: one 21-storey tower and one 15-storey tower offering units from 2,100 to 17,600 sq ft. The absence of published AED pricing or delivery dates means investors and occupiers must wait for further disclosures to quantify rent and yield impacts precisely.