Dubai to Welcome Iconic Crypto Tower by 2027
Dubai is set to unveil a cutting-edge landmark, the Crypto Tower, developed by Dubai Multi Commodities Centre (DMCC) and REIT Development. Scheduled for completion in Q1 2027, this 17-story tower will cater to the rapidly expanding blockchain, DeFi, and Web3 sectors.
Spanning over 150,000 square feet, the tower will offer nine advanced office floors designed for crypto startups and established companies. Three additional floors will host blockchain incubators, venture capital firms, and investment entities, while one floor will focus on artificial intelligence (AI) innovation.
The Crypto Tower will also feature a 10,000-square-foot indoor event space and a 3,500-square-foot outdoor area for hosting blockchain events. The top three floors will house a 30,000-square-foot crypto club, providing networking and leisure opportunities.
Additional highlights include an NFT art gallery, a gold bullion shop, an exotic car dealership, and a secure 5,000-square-foot vault for valuables such as gold, cash, and cold wallets. Blockchain technology will underpin tenant interactions, employing smart contracts and on-chain voting for enhanced transparency and efficiency.
Ahmed Bin Sulayem, DMCC’s executive chairman and CEO, described the project as a pioneering blend of blockchain, Web3, and real estate. “With its cutting-edge facilities and services, the Crypto Tower will serve as a hub for innovation and collaboration,” he said.
Construction is set to conclude by early 2027, with operations beginning shortly after.
