UAE Business: DMCC picks CBRE as leasing advisor for new Uptown Tower – Gulf Digital News
UAE Business: DMCC picks CBRE as leasing advisor for new Uptown Tower – Gulf Digital News
Global real estate advisor CBRE, has been exclusively appointed by DMCC (Dubai Multi Commodities Centre) to lease the 400,000 sq ft Grade A office component of its new high-rise Uptown Tower in Dubai.
Developed by DMCC, Uptown Tower is the first super-tall tower to be located in the upcoming Uptown Dubai district and is set to become one of the most iconic projects in the UAE.
The mixed-use asset will offer luxury living, as well as a home for leading businesses, exclusive retail stores and the finest F&B, culture, and entertainment outlets, stated the real estate specialist.
The building will rise 340m high and will feature premium Grade A offices complemented by the elegant five-star SO/Uptown Dubai Hotel and exquisite branded residences.
According to CBRE, the office component will be across 22 floors with a highly efficient floor plate ranging from 14,096 - 22,113 sq. ft. With construction in full swing, completion is scheduled for Q3 2022, it stated.
CBRE said it has already received significant interest from both regional and multi-national corporates.
The firm has been exclusively appointed to provide strategic marketing and leasing advice throughout the pre-leasing campaign.
Paul Ashton, Executive Director of Property at DMCC,