The Dubai Metals and Commodities Centre (DMCC) has launched the Dh499.5 million ($136 million) 64-storey, highly secure Almas Tower for regional and international diamond communities.

It will also be home to the Dubai Diamond Exchange.
Almas, which means diamond in Arabic, is located at the heart of DMCC’s 300-hectare development, overlooking more than 80 surrounding towers of the Jumeirah Lake Towers.
The exchange facilities, situated on the second floor, will offer a modern and relaxing atmosphere with advanced security. The latest hardware (including CCTV and PTZ cameras, electronic access control and intrusion detection technology) is complemented by the expert application of security management systems and well-trained personnel to ensure the highest level of security.
IT infrastructure is fitted with an integral telephone/data network, with each office provided with independent Cat6 UTP horizontal cabling connected to a wall/ceiling-mounted office consolidation point.
Retail outlets, cafes and restaurants and all necessary facilities including a diamond vault for the trade are other facilities on offer. The exchange facilities will also include an exclusive club lounge accessible from the 47th floor sky lobby, adding an additional level of security, a serviced business centre and dining facilities for diamond exchange traders and members. The superstructure, finishing, parking and related facilities cover a total built-up area of 150,000 sq m.
The tower – due for completion in 2006 – accommodates four levels of basement car parking serviced by four lifts to the main entrance lobby and 22 passenger lifts.