Almas Tower, UAE: Dubai’s Iconic Skyscraper of Commerce, Diamonds, and Design
In the hypermodern skyline of Dubai, one tower gleams not just for its height, but for its role in global trade—Almas Tower (Arabic: برج الماس, “Diamond Tower”). Soaring 363 meters above the Jumeirah Lakes Towers (JLT) district, Almas Tower is more than a supertall skyscraper. It’s the beating heart of Dubai’s diamond and precious commodities industries, a free-zone hub, and a symbol of high-value enterprise.
Completed in 2008 and briefly holding the title of Dubai’s tallest tower before the Burj Khalifa, Almas Tower has established itself as a cornerstone of the Dubai Multi Commodities Centre (DMCC) and a magnet for international investors, traders, and entrepreneurs.
A Tower Built for Trade, Designed for Legacy
Located on a dedicated artificial island within Jumeirah Lakes Towers Free Zone, Almas Tower stands tall—literally and figuratively—as a feat of modern engineering and urban planning. The design was spearheaded by WS Atkins & Partners, a firm widely credited with shaping Dubai’s contemporary architectural identity. Construction was undertaken by a joint venture between Taisei Corporation (Japan) and Arabian Construction Company (ACC), under the development of Nakheel Properties.
This 68-storey architectural marvel features:
- 60 commercial floors + 4 service levels
- 35 high-speed elevators
- A total gross floor area of 1.7 million sq ft
- Thousands of parking spaces
- Elevated ground floor, 3 meters above sidewalk level
Unlike conventional towers that fade into urban repetition, Almas Tower anchors itself uniquely by purpose and position—surrounded by water, wrapped in prestige, and powered by trade.
The Nucleus of Dubai’s Global Commodities Market
More than just office space, Almas Tower is the nerve center of the Middle East’s diamond and gemstone economy. It houses:
- Dubai Diamond Exchange
- Dubai Pearl Exchange
- Dubai Gems Club
- Kimberley Process Certification offices
- Secure logistics providers like Brinks and Transguard
- A state-of-the-art diamond vault and grading facilities
When the DMCC moved into Almas Tower in 2008—even before the tower was fully complete—it cemented the building’s future as a regional powerhouse in commodities trading. The tower is equipped with high-level security, befitting its role in high-value transactions, and even includes diamond cutting and grading facilities.
A Magnet for Investors and Entrepreneurs
In the fiercely competitive UAE real estate and commercial scene, Almas Tower remains a top-tier choice for businesses. Here’s why:
✅ 100% Foreign Ownership
Situated within the JLT Free Zone, businesses in Almas Tower benefit from full foreign ownership, zero income taxes, and customs privileges—ideal conditions for startups and established companies alike.
✅ High Occupancy Rates
Thanks to its strategic location and prestige, Almas Tower consistently maintains high occupancy, attracting global firms from the diamond, commodities, and finance sectors.
✅ Conference and Networking Facilities
The Almas Conference Centre on the ground floor spans 800 square meters and can host up to 500 delegates, making it ideal for international trade events, exhibitions, and B2B networking.
Jumeirah Lakes Towers (JLT): A Self-Contained Urban Ecosystem
Living or working in JLT isn’t just about office towers—it’s about lifestyle. This mixed-use waterfront community offers a walkable environment full of greenery, shopping, and leisure.
Community Highlights:
- Waterfront cafes and outdoor restaurants ideal for evening strolls
- Community parks, desert gardens, and art installations between towers
- Retail outlets, groceries, pharmacies, and daycare centers within walking distance
- Fitness facilities like gyms, swimming pools, and saunas in most buildings
Whether you’re an executive working in Almas Tower or a resident enjoying lakeside life, JLT offers a harmonious blend of work-life convenience.
Nearby Shopping & Lifestyle Hubs
The JLT district enjoys excellent proximity to Dubai’s leading malls and leisure destinations, including:
- Dubai Marina Mall
- Mall of the Emirates
- Ibn Battuta Mall
- Dubai Pearl Mall
These centers offer everything from luxury brands to global cuisines, family entertainment zones to fitness clubs—further elevating JLT’s appeal for professionals and families alike.
Why Almas Tower Still Matters in 2025
While other towers have surpassed its height, none have rivaled its niche importance. Almas Tower remains Dubai’s flagship for the global gemstone trade, a hub of commercial energy, and a testament to visionary urban design.
In a city known for bold skylines, Almas Tower is defined by what happens inside it—strategic deals, high-value commodities, and the future of trade.
FAQ: Almas Tower, Dubai – Everything You Want to Know
What is Almas Tower used for?
Almas Tower is primarily used for commercial purposes, especially for businesses involved in diamonds, colored gemstones, and pearl trading. It also houses global commodities firms, certification agencies, and logistics companies.
Is Almas Tower open to the public?
While the lobby and conference center may be accessible during events, the rest of the tower is high-security, especially due to the sensitive nature of the diamond trade.
Who developed Almas Tower?
It was developed by the Dubai Multi Commodities Centre (DMCC) and designed by WS Atkins & Partners.
Can foreign companies own office space in Almas Tower?
Yes, Almas Tower is in a free zone, so 100% foreign ownership is allowed along with other business-friendly benefits.
Is Almas Tower the tallest building in Dubai?
No, it held the title until 2009, when Burj Khalifa overtook it. However, it remains the tallest tower in Jumeirah Lakes Towers.
What are the top amenities offered in Almas Tower?
Key amenities include:
- 24/7 security and surveillance
- 35 high-speed elevators
- Business and conference facilities
- Ample parking
- Central air conditioning
- State-of-the-art fire safety systems
Explore More with TheDubaiWeb.com
For more insights into Dubai’s real estate hubs, iconic landmarks, and best investment opportunities, explore our guides on Sheikh Zayed Road, Dubai Marina, and Downtown Dubai.
Whether you’re a global investor, a curious tourist, or a resident exploring your city—TheDubaiWeb.com is your trusted lens into Dubai’s ever-evolving skyline.
