DMCC and Ellington Properties will collaborate to build a Dh1.2 billion “Upper House” for Dubai’s JLT hub

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By the beginning of 2026, Ellington Properties will construct a brand-new residential complex with 377 units and a Dh1.2 billion price tag in the Jumeirah Lakes Tower high-tower neighborhood. For the “Upper House” project, the developer has selected Brewer Smith Brewer Group (BSBG) as the design firm.

Additionally, this is Ellington’s first business effort in JLT; up until now, it has operations in Downtown Dubai, the Palm, MBR City, and JVC.

“The vibrant neighbourhood will help to enhance the lifestyles of our Upper House residents, adding to our resort-like amenities and design-led homes,” said Joseph Thomas, co-founder of Ellington Properties. “Through this project, we will support the ambitions of DMCC to bolster JLT’s position as a destination for positive change.”

JLT properties and rental values rose significantly in 2022, and the neighborhood profited from the arrival of luxury hotels and serviced apartments. A record number of new firms were also registered in the DMCC free zone in 2022.

The Uptown Dubai development, whose showpiece skyscraper is the Uptown Tower, has also improved the JLT neighbourhood. All of the office spaces in the tower are pre-leased and should be ready later this year, making it one of the most sought-after commercial addresses in the area right now.

It is into this space that Ellington and its Uptown House is venturing. “JLT has become one of the most iconic mixed-use developments in the UAE,” said Ahmed Bin Sulayem, Executive Chairman and CEO of DMCC. “As we look to build upon this status in the years to come, it is crucial that we bring new and exciting projects to the district – this partnership with Ellington Properties delivers exactly that.”

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