Almas Tower, JLT: The 68-Storey DMCC Tower for Gem Traders

"Almas Tower is a 68-storey commercial tower on an island in Lake Almas West, in Jumeirah Lake Towers, Dubai, adjacent to Sheikh Zayed Road. The Dubai Multi Commodities Centre (DMCC) developed it for the diamond, coloured gemstone and pearl trade, and it suits trading firms that want an office among their peers.\n\n## Key takeaways\n- 68 floors above ground and 5 basement levels, standing 360 metres (1,180 ft) tall.\n- Total floor area of more than 1.7 million sqft.\n- Developed and owned by the Dubai Multi Commodities Centre (DMCC).\n- Home to the Dubai Diamond Exchange, the Dubai Pearl Exchange, the Dubai Gems Club and the Kimberley Process Certification offices.\n- Over 300 regional and international commodity trading firms work in the tower.\n- Designed by Atkins Middle East and built by a Taisei Corporation and ACC joint venture.\n\n\n\n## A tower shaped like a cut diamond\nAlmas means diamond in Arabic, and the tower's shape follows the name. The kite-shaped facets of the facade echo the cut of a brilliant diamond.\n\nAtkins Middle East designed the building, and a joint venture of Taisei Corporation and ACC built it. It rises 360 metres (1,180 ft) above Lake Almas West, with 68 floors above ground and 5 basement levels. The total floor area is more than 1.7 million sqft.\n\nThe podium is sculpted into eight interlocked triangles across three storeys. Twin elliptical towers rise from it and converge around a central core. The design placed 8th in the 2009 Emporis Skyscraper Awards.\n\n## Exchanges and trading firms inside Almas Tower\nThe tower is dedicated to the diamond, coloured gemstone and pearl industries. Inside it are the Dubai Diamond Exchange, the Dubai Pearl Exchange, the Dubai Gems Club and the offices of the Kimberley Process Certification, which oversees conflict-free diamond trade.\n\nOver 300 regional and international commodity trading firms work in the tower. For a trading firm, the draw is having the exchanges, the certification offices and the industry's own service providers under one roof.\n\nOver 300 commodity trading firms already work in the tower, so ask the building management which kinds of business are accepted as tenants, and whether the exchanges set their own rules for visitors and deliveries.\n\n## Vaults, armoured transport and building services\nSecurity is a core part of the building. It has high-security vault storage for diamond and gemstone inventory, access control and CCTV. Brinks and Transguard, both armoured transport agencies, have offices in the tower.\n\nOther services include networking and meeting rooms, a conference centre, retail boutiques on the ground floor and podium, and dining options. The building also has central air conditioning, maintenance staff, a prayer room, a backup power system, valet parking and covered parking.\n\nIf you hold stock, ask how the vault storage is operated: whether space is shared or assigned to one tenant, who keeps the access log, and what hours the vault is open. Ask Brinks or Transguard directly how their services are arranged for tenants of the tower, rather than assuming they come with a lease.\n\nAsk which of the networking and meeting rooms and the conference centre are open to tenants, and how they are booked.\n\n## Land registry figures for the tower and for Jumeirah Lake Towers\nDubai Land Department records show 11 sales in Almas Tower over the latest 12 months. The most recent was on 2026-06-25, and the median price was AED 4,352.84 per sq ft.\n\nThe wider area is far larger. Across JLT - Jumeirah Lake Towers, Dubai Land Department recorded 3,583 sales over the latest 12 months, 1,339 of them off-plan and 2,244 in completed buildings, at a median of AED 1,754.7 per sq ft. The most recent was on 2026-05-12.\n\nThese are two separate sets of figures, and they should not be set against each other. The area figures cover the whole of JLT, where apartments, offices and shops in many towers are sold, so they say little about one specialised trading tower. The tower's own figure rests on only 11 sales, and a few very large or very small units can move a median a long way. If you are thinking of buying here, ask for recent sale figures for the same floor and size you are considering, with their dates. Sale records show what was registered, not what any unit is worth today, so treat them as a starting point for questions to the seller or agent, not as a price.\n\nTo see what sales records look like in practice, browse recent registered transactions on our site. Our methodology page explains how the area figures are counted.\n\n\n\n## Other projects by the Dubai Multi Commodities Centre\nThe Dubai Multi Commodities Centre also has projects with pages on our site. In JLT, ME DO RE, Silver Tower (Ag Tower) and Lake Elucio are completed. In Jumeirah, Sobha Verde JLT and Mercer House DMCC are under construction.\n\nThe Dubai Multi Commodities Centre also has a developer page on our site.\n\n## Other buildings in Jumeirah Lake Towers you can compare\n\nFloor layouts, building age, facilities and service charges differ from one building to the next, so it helps to look at two or three before you decide, whether you are buying or leasing. The differences show up fastest when you ask the same questions in every building and keep the answers on one list.\n\nThese are other buildings in Jumeirah Lake Towers with pages on our site:\n\n- Golf Views Seven City, completed by Seven Tides\n- Me Do Re 2, completed by Me Do Re Properties\n- Viewz By Danube, under construction by Danube Properties\n- Diamondz by Danube, under construction by Danube Properties\n- Upper House, under construction by Ellington Properties\n- Verde by Sobha, under construction by Sobha Realty\n\n## A checklist before you rent or buy an office in Almas Tower\nAlmas Tower is a specialised building, so a few of the usual steps matter more here.\n\n1. Ask for the unit's exact size, its floor and its floor plan, and check the plan against what you are quoted.\n2. Check that your business fits the tower. It is dedicated to the diamond, coloured gemstone and pearl industries, so ask the building management and DMCC if your trade and licence activity are accepted.\n3. If you are buying, ask to see the title deed and confirm that the seller's name matches the owner on it.\n4. Ask for the owners' association service charge budget for the tower and what it covers, and whether vault storage or other services are charged separately.\n5. Ask how access control and CCTV apply to your staff, visitors and deliveries, and how visitors are registered at the door.\n6. Ask how covered parking and valet parking work for your staff and clients, and whether spaces come with the unit.\n7. If you are leasing, ask what the rent includes, what condition the office is handed over in, and what rules apply to fit-out works.\n8. Visit at a busy time and a quiet time to see how the lifts cope in a 68-floor building and how the floor feels on a working day.\n9. Once you sign a lease, register it in Ejari and keep copies of the contract, the Ejari certificate and every payment receipt. If you are buying, complete the transfer through Dubai Land Department and check that the new title deed carries the right name.\n\nKeep a dated record of every answer you get, with the name of the person who gave it, and compare units on the same list. Asking prices and charges change, and a figure with no date is hard to rely on.\n\nDo not feel rushed. A careful viewing, a few written answers and a check of the documents take little time compared with the length of a tenancy or the cost of a purchase, and they leave you free to say no if something does not match what you were told.\n\n## Asking about offices in Almas Tower\nThe building page is at aigentsrealty.com/areas/jumeirah-lake-towers/almas-tower. Want the latest asking prices or floor plans for Almas Tower? Message us on WhatsApp and we'll send them, or ask Sophia on aigentsrealty.com.\n\n## FAQ\n### Who developed Almas Tower?\nAlmas Tower was developed and is owned by the Dubai Multi Commodities Centre (DMCC).\n\n### How tall is Almas Tower?\nAlmas Tower is 360 metres (1,180 ft) tall, with 68 floors above ground and 5 basement levels.\n\n### What is Almas Tower used for?\nIt is a commercial tower for the diamond, coloured gemstone and pearl trade. It houses the Dubai Diamond Exchange, the Dubai Pearl Exchange, the Dubai Gems Club and the Kimberley Process Certification offices.\n\n### Who designed Almas Tower?\nAtkins Middle East designed it, and a joint venture of Taisei Corporation and ACC built it.\n\n### Where is Almas Tower?\nIt stands on an island in Lake Almas West, in Jumeirah Lake Towers, Dubai, adjacent to Sheikh Zayed Road.\n\n### What security does Almas Tower have?\nThe tower has high-security vault storage, access control and CCTV. Brinks and Transguard, both armoured transport agencies, have offices inside.\n\n### How many sales did Dubai Land Department record in Jumeirah Lake Towers in the latest 12 months?\nDubai Land Department recorded 3,583 sales across JLT - Jumeirah Lake Towers over the latest 12 months, 1,339 of them off-plan and 2,244 in completed buildings. The most recent was on 2026-05-12. These are figures for the whole area, not for Almas Tower."