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JLT Skyline Soars with New Twin Towers

In a strategic partnership, Dubai Multi Commodities Centre (DMCC) and Danube Properties have announced the development of DMCC/Danube Residences, a pair of stunning 65-storey towers in Jumeirah Lakes Towers (JLT). This ambitious project will add 1,200 luxurious residential units to the vibrant community, spanning a massive 1.7 million square feet and boasting a development value of USD 545 million (AED 2 billion).

This collaboration marks the second venture between DMCC and Danube Properties, following the successful launch of the Viewz twin towers in Cluster K in January 2024. This continued partnership underscores both entities’ commitment to shaping Dubai’s dynamic real estate landscape. DMCC’s strategic collaborations with five developers in 2023 resulted in six additional commercial and residential projects within JLT and Uptown Dubai, signifying the area’s significant growth potential.

JLT and Uptown Dubai have become key anchors for DMCC’s vision, attracting substantial Foreign Direct Investment (FDI) and solidifying its position in Dubai’s thriving real estate sector. The DMCC/Danube Residences project is poised to elevate the area’s appeal further, showcasing architectural excellence and reflecting Dubai’s continuous urban transformation.

This development stands as a testament to DMCC and Danube Properties’ dedication to realizing Dubai’s vision as a global business and lifestyle hub. DMCC/Danube Residences promises an elevated standard of luxury living in the city’s heart, attracting residents who seek a vibrant and connected lifestyle.