The 17-story JLT building will boast specialized floors for blockchain incubators and AI innovation hubs…
Dubai is no stranger to eye-catching, futuristic skyscrapers, with its skyline filled with stunning, innovative designs. But one new addition has really stood out – Crypto Tower – set to soar 17 stories high in JLT.
A partnership between DMCC, the developer behind JLT, and REIT Development, Crypto Tower is set to become a hub for Dubai’s booming blockchain, DeFi, and Web3 community. Slated for completion in 2027, it will offer state-of-the-art facilities and top-tier infrastructure designed specifically for crypto and blockchain companies of all sizes to boost business performance. Expect tenant interactions and transactions driven by blockchain technology, with automated services like shared resources and smart contracts all powered by blockchain.
Spanning 150,000 square feet of leasable space, Crypto Tower will dedicate nine floors to both crypto startups and established businesses, offering cutting-edge office spaces tailored to the needs of these fast-moving industries. Additionally, three floors will be reserved exclusively for blockchain incubators, providing specialized spaces for venture capital firms and investment companies.
One floor will be fully dedicated to artificial intelligence (AI) innovation, driven by Chatoshi.ai.
In addition, both office and non-office residents will have access to a 10,000 square foot indoor event space and a 3,500 square foot outdoor area. Topping off the tower will be a 30,000 square foot crypto club, offering networking and leisure amenities designed to encourage high-level collaboration among community members.
To further captivate the crypto community, Crypto Tower will showcase an NFT art gallery, a gold bullion shop, and an exotic car dealership, solidifying its status as a must-see destination. For those seeking secure storage, the tower will offer a 5,000 square foot vault, designed to safely store valuables like gold, cash, and cold wallets.
Construction is set to wrap up by Q1 2027, with full operations kicking off soon after.
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