Dubai is set to unveil a revolutionary addition to its skyline with the launch of the Crypto Tower, a 17-storey landmark dedicated to blockchain, DeFi, and Web3 businesses. This futuristic tower, developed by Dubai Multi Commodities Centre (DMCC) and REIT Development, promises to redefine real estate and tech synergy.
Spanning 150,000 square feet of leasable space, the tower will feature:
Nine office floors for crypto startups and established firms.
Three floors for blockchain incubators, venture capital firms, and investment companies.
One floor is dedicated to AI innovation.
A 30,000-square-foot crypto club for networking and leisure, alongside a 10,000-square-foot indoor and 3,500-square-foot outdoor event space.
Innovative blockchain technology will streamline tenant transactions and interactions through smart contracts, on-chain voting, and automated services, fostering transparency and efficiency. High-end features include an NFT art gallery, a gold bullion shop, an exotic car dealership, and a secure 5,000-square-foot vault for valuables like gold and cold wallets.
Construction is slated for completion by Q1 2027, with full operations beginning soon after. DMCC CEO Ahmed Bin Sulayem emphasized that the Crypto Tower will sit at the intersection of blockchain, Web3, and real estate, offering state-of-the-art facilities to support Dubai’s thriving tech ecosystem.