DMCC, REIT Development Appoint NEB as Design Consultant for World’s First Web3 Commercial Tower

Dubai Multi Commodities Centre (DMCC), the leading international business district within the emirate, in partnership with REIT Development, has appointed the National Engineering Bureau (NEB) as the official design and supervision consultant for Crypto Tower.

Located in Jumeirah Lakes Towers (JLT), the project marks a significant milestone in advancing Dubai’s Web3 infrastructure and strengthening its position as a global hub for digital innovation.

Learn more about the project → DMCC Crypto Tower in JLT

Key Takeaways

DMCC appoints NEB Dubai consultant as the design and supervision partner for the DMCC Crypto Tower, the world’s first commercial building dedicated to Web3 and digital assets.

Located in Jumeirah Lakes Towers (JLT), the project strengthens Dubai’s role as a global blockchain and Web3 hub.

NEB design consultant Dubai brings over 40 years of architectural and engineering expertise to the development.

Construction of the Crypto Tower JLT is set for completion in Q1 2027, marking a major step in DMCC’s innovation ecosystem.

NEB Brings Four Decades of Design and Engineering Expertise

Appointed as both design and supervision consultant, NEB Dubai consultant brings more than 40 years of architectural and engineering expertise to the project. 

The consultancy will oversee all aspects, from architectural design and engineering approvals to on-site supervision, ensuring the tower meets the highest sustainability and execution standards.

Karen Kriska, VP of Operations for Crypto Tower JLT, share the news:

“We are thrilled to partner with the National Engineering Bureau as our trusted design and supervision consultant. NEB has an extraordinary legacy of designing and supervising hundreds of buildings across Dubai, including many iconic projects in the JLT area. Their deep knowledge of the local regulatory environment, paired with their track record of architectural innovation, makes them the perfect partner to bring Crypto Tower to life as a landmark destination for the Web3 community.”

According to Jamil Jadallah, CEO of NEB:

“Being selected for this visionary project is a proud moment for NEB. Crypto Tower Dubai is set to become a cornerstone of the digital economy in the UAE, and we are committed to delivering a service that reflects its innovation, ambition, and impact. At NEB, we have always believed in shaping the future of urban development – and this project exemplifies that ethos. We look forward to leveraging our decades of experience and deep-rooted presence in Dubai to deliver a landmark that stands as a symbol of the UAE’s leadership in technology and smart infrastructure.”

This partnership underlines NEB’s long-standing reputation for delivering complex developments across the UAE, from high-rise landmarks to integrated mixed-use communities.

About Crypto Tower JLT

DMCC, home to more than 3,400 tech companies, including 700+ in the crypto and blockchain space, has taken another bold step in shaping the city’s digital future through the Crypto Tower project. 

Situated in Jumeirah Lake Towers, Crypto Tower will be the world’s first commercial tower dedicated to Web3 and digital assets.

It will feature purpose-built commercial spaces specifically tailored for blockchain firms, crypto startups, and digital asset companies.

Planned as a 17-storey architectural landmark with 150,000 sq. ft. of leasable area, DMCC Crypto Tower JLT will consist of nine floors dedicated to premium office spaces. 

In addition, three floors will be dedicated to blockchain incubators, venture capital firms, and investment companies, while an entire level will focus on artificial intelligence (AI) innovation.

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Dubai Moves Forward in Web3 Landscape

The Crypto Tower is designed with blockchain technology at its foundation, integrating advanced digital systems to redefine how tenants and investors interact with real estate. 

Through on-chain voting, smart contracts, and automated management tools, the tower will streamline transactions, simplify operational processes, and establish a new benchmark for transparency and efficiency in property management.

This strategic move reinforces Dubai’s ambition to lead the global digital economy, while offering a dedicated, future-ready space for next-generation enterprises.

According to Ahmed Bin Sulayem, Executive Chairman and CEO of DMCC, stated:

“The Crypto Tower is a pioneering development that stands at the crossroads of blockchain, Web3, and real estate. With over 150,000 square feet of leasable space—including nine office floors, three dedicated levels for blockchain incubators, an AI innovation floor, a private crypto club, a gold bullion boutique, and secure vault storage, the tower will offer a world-class environment tailored to the digital economy.

“This project represents not only the real-world application of Web3 principles, where ownership and transparency are guaranteed by blockchain technology, but also reinforces Dubai’s commitment to global innovation leadership.”

By embedding blockchain solutions into daily building operations, the development aims to minimize administrative complexities, enhance trust among stakeholders, and create a self-sustaining, data-secure ecosystem for businesses operating within Dubai’s Web3 landscape.

Construction of the Crypto Tower is slated for completion in the first quarter of 2027, with operations set to commence soon after. 

Once delivered, the landmark will stand as a pivotal addition to DMCC’s expanding innovation ecosystem, complementing the existing DMCC Crypto Centre in Uptown Tower and further reinforcing Dubai’s position as a global hub for blockchain, Web3, and advanced technologies.

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