DMCC, a flagship free zone and Government of Dubai Authority on commodities trade and enterprise, is expanding its real estate portfolio with the commencement of the second phase of Uptown Dubai. The groundbreaking ceremony, led by Swissboring Overseas Piling Corporation for foundation and enabling work, marks a significant milestone in the development.

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Swissboring’s priorities include implementing basement retention systems for the two towers’ three basement levels, foundation work for the towers and podium levels, construction of upcoming bridges, dewatering operations, and excavation of the entire phase-two plot.

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Phase Two involves the construction of two mid-rise towers in the Uptown Dubai neighborhood, standing at 23 and 17 stories, respectively. These towers will encompass 86,000 square feet of retail and food and beverage (F&B) space, along with 753,000 square feet of Grade A commercial office space, aligning with the upscale character of the urban community.

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With the addition of these towers, more than half of the district’s planned towers have been completed, joining Uptown Tower and the two residential towers within Mercer House, recently opened by Ellington Properties.

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Uptown Dubai’s central attraction, The Plaza, will be surrounded by nine towers, offering a vibrant array of events, including immersive art installations, music, film, and fashion shows.

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Upon completion, Uptown Dubai will boast a gross floor area (GFA) of 5.8 million, with 2.5 million dedicated to commercial office space. CEO and Executive Chairman Ahmed Bin Sulayem highlighted the success of Uptown Tower’s opening last year, housing branded residences, a luxury hotel, and top global companies. The groundbreaking of Phase 2 aims to replicate this success, contributing to the expansion of the business district and enhancing DMCC’s overall value proposition.