Uptown Dubai is DMCC’s new business and residential district next to JLT: tall towers rather than clusters around lakes.
Specifications per Propsearch. They describe the whole community, not a single building.
Uptown Dubai is being developed by DMCC, the master developer behind JLT. It adjoins JLT on the First Al Khail Road side and is conceived as its continuation in a different class: fewer buildings, taller towers, hotels and offices in the mix.
The district’s first tower, Uptown Tower, is complete. The main residential project today is Mercer House by Ellington Properties — a multi-building complex of up to 45 storeys with pools, sports areas and retail, under construction.
The address inherits what JLT has — the JLT metro stations nearby, the Marina across the road, access to Sheikh Zayed Road — and adds new housing stock, which JLT itself has almost stopped producing.
Broker sheets often record Uptown lots as JLT. The address is not wrong, but the product differs: a new tower by one developer against a building fifteen years old.
The index covers the emirate as a whole; the Land Department publishes no separate figure for Uptown Dubai. Read it as backdrop — is the market rising or flat — against the prices above. Deals in a particular Uptown Dubai building I can pull separately if you ask. Source: Dubai Land Department, read 15/08/2026.
The quarterly Land Department index is one number for the whole emirate. The monthly one counts villas and apartments separately — and in 2026 that is the point, because a blended average masks how far the segments have diverged.
By completion status the month broke down as 72.8% off-plan and 27.2% ready. Ready-home deals grew 11.4% month on month; off-plan was the one segment lower against both the previous month and the previous year (−45.3%). In practice: apartments and off-plan leave room to bargain, finished villas in settled communities far less. Index base is January 2021 = 100 — a villa reading of 292.5 means growth of 192.5% from that mark, not a premium over a 2021 peak. Monthly ValuStrat market review for July 2026, checked 24/08/2026.
DMCC is adding two office towers to Uptown Dubai — 21 and 15 storeys, more than 560 000 sq ft of Grade A space and 82 000 sq ft of retail. Leasing opens in the second half of 2026 and completion is due in Q1 2028, taking the district past 1m sq ft. What it means for nearby owners.
Send me the building or the unit and I will pull the registered transaction history, the current service charge and what comparable units actually let for — before you make an offer, not after.
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