Home / News / UAE / At a value of 1.2 billion dirhams, Dubai Multi Commodities enters into a partnership to develop a residential project in Jumeirah Lakes Towers.

At a value of 1.2 billion dirhams, Dubai Multi Commodities enters into a partnership to develop a residential project in Jumeirah Lakes Towers.

DUBAI, January 17: The Dubai Multi Commodities Center – the authority of the Dubai government concerned with the trade of commodities and projects – has entered into a partnership with “Ellington Properties” to develop the new “Upper House” residential project in Jumeirah Lakes Towers.

The AED 1.2 billion Upper House, launched today, is Ellington Properties’ first residential project in Jumeirah Lakes Towers. The project, scheduled for completion by early 2026, embodies the company’s integrated design philosophy. The Brewer Smith Brewer Group, an executive architecture and design firm based in Dubai, London and Riyadh, has designed the project, which will feature premium, high-quality facilities bearing the signature of Ellington Properties.

The Upper House project will include 754 residential units ranging from studios to one, two and three bedroom apartments, all with views of Jumeirah Islands and the Dubai Marina skyline. Residents will enjoy a range of facilities and amenities.

Ahmed Bin Sulayem, Senior Executive Chairman and Executive Director of DMCC, said: “Jumeirah Lakes Towers has become one of the most famous mixed-use development projects in the United Arab Emirates, due to the distinguished services it provides to its residents, encouraging benefits for companies, and unique experiences for visitors. And since we aim to benefit Among these features in the future, it is of utmost importance that we are keen to launch new and impressive projects in this area, and we are confident that our partnership with Ellington Properties will achieve this goal for us, because its commitment to constructing high-quality real estate and communities is in line with the unique identity of Jumeirah Lakes Towers as a vibrant neighborhood and diverse experiences.

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