DDE Relocating to Almas Tower

The Dubai Diamond Exchange (DDE) will be moving into its new offices in the Almas Tower November 16, IDEX Online has learned. The DDE is moving into the second floor of the Tower, located in the Jumeirah Lake Towers, part of the DMCC free trade zone.

Lobby of the new DDE offices

DDE’s new infrastructure will house a 1,500 square meter trading floor, comprising public trading facilities, private viewing rooms, a gem analysis center, fully automated vaulting facilities and digital market information.

Purpose-built to cater to the specific needs of the diamond industry, Almas Tower has hi-tech security systems and other diamond-related services. It houses the offices of many of the DDE members, includes shipping agents, customs inspection facilities, a diamond boiling factory and specialized tools shop.

The DMCC has been moved into the 49th, 50th and 51st floors of the 65-floor building in July.