Dubai CommerCity plans $490m expansion as occupancy nears 96 per cent
Dubai CommerCity plans an expansion exceeding $490m as occupancy nears 96 per cent, with six new office buildings and a vertical logistics facility
Dubai CommerCity is set to expand by over 91,000 square metres in a Phase 2 project costing more than Dh1.8 billion, as the emirate intensifies its efforts to establish a thriving digital economy and enhance trade infrastructure. The expansion will be carried out in three clusters: Business, Logistics, and Social, and will be executed in two phases, with the first slated for the first quarter of 2027 and the second for the fourth quarter of 2028.
Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Integrated Economic Zones Authority (DIEZ), highlighted that the expansion signifies a new chapter in Dubai CommerCity's role in advancing the digital economy. The second phase will introduce 'The Hive', a 5,600 square metre facility in the Logistics Cluster, which employs a vertical design to optimise space for digital commerce.
This expansion is expected to bolster Dubai's status as a global hub for the digital economy and future trade, aligning with the goals of the Dubai Economic Agenda D33.
Written by urgent.news from Gulf News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.