Dubai market news · 10 November 2026
Emaar has unveiled Dubai Square Business District at the centre of Dubai Creek Harbour: 300,000 sq m of commercial and office space around Dubai Square, with a total development value (TDV) of AED 12 billion. For buyers and investors, this is a planned workplace beside the mall and metro. Prices, payment plans and a timeline have not been released.
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What Emaar announced
On 9 November 2026, Emaar Properties announced Dubai Square Business District in Emaar's 9 November 2026 release: 300,000 sq m of premium commercial and office space planned beside Dubai Square in the heart of Dubai Creek Harbour, with a total development value (TDV) of AED 12 billion. That figure is a development value, not a disclosed construction budget or a cash outlay.
The office towers are planned to wrap Dubai Square on every side, with avenues radiating from Icon Plaza at the centre of the community. Step out of a lobby and the mall, the metro, the hotels, the parks and the promenade are meant to be immediately around you. The new Dubai Creek Tower is only envisioned in this release as an iconic global landmark; no height, architect, programme or timetable has been published.
Mohamed Alabbar, founder of Emaar, said: “Some places are built for business. This place was built for ambition. When the history of Dubai’s next chapter is written, it will be written from these towers.”
| Measure | What Emaar has published |
|---|---|
| Commercial and office space | 300,000 sq m around Dubai Square |
| Total development value (TDV) | AED 12 billion |
| Place | Towers wrap Dubai Square (Icon Plaza) at the centre of Dubai Creek Harbour |
| Metro | Two stations serving the district directly, with climate-controlled links, including the Iconic Metro Station |
| Hotels | Four around Dubai Square; eight across the masterplan |
| Parks | Three park hubs in the district, part of 15 parks and four ecological green corridors |
| Open space | 13% of the masterplan |
| Not yet released | Prices, payment plan, sale or lease model, tower count, architect, start date, phases, completion |
Two metro stations, climate-controlled to the lobby
Two metro stations will serve the district directly, and the office buildings are to be linked straight into them. The release describes a climate-controlled connection from the platform to the lobby, so a team can leave the train and reach the office without a car park or a walk in the heat.
One of those stations is Dubai Creek Harbour’s Iconic Metro Station, shown in the official renders with soaring golden fins above the creek. Across the wider masterplan, Emaar lists three metro stations, 17 bus stops and a 7 km Discovery Loop. For anyone comparing homes in the community, the useful measure is the walk from a tower to a planned station and to Dubai Square, not only the distance to the water.
The square, hotels and parks around the offices
Dubai Square is planned as the front door to the district: flagship retail, hospitality and entertainment under a sculptural, daylit canopy of golden shells, opening onto Icon Plaza and linked to the Iconic Metro Station. Emaar also describes drive-through shopping, an outdoor retail concept, multiple entrances and “sustainable initiatives built into its DNA.” No certification name is given.
Four hotels are planned around Dubai Square, and eight hotels across the wider masterplan. Three park hubs sit inside the district, part of 15 parks, four ecological green corridors and 13% open space across the masterplan. The release names Sidr Square, Pearl Park, Cloud Gate Park and Lake Park among them.
The same release puts the wider Dubai Creek Harbour community at about 200,000 residents, in more than 200 residential towers and 75,500 homes, with residential plots a five-minute walk from the mall. It also lists seven schools, 14 nurseries, two hospitals, 25 clinics, 11 mosques, more than 70 community shops, a 4.5 km promenade and a 600 m urban beach. Those are masterplan figures for the community around the offices, not a housing offer inside this district.
Mohamed Alabbar, founder of Emaar, also said: “We did not set out to build an office district. We set out to build the address every ambitious company in the world dreams of. Dubai Square is that address.”
What this means for buyers — and what has not been released
For home buyers and investors, a 300,000 sq m workplace at the centre of Dubai Creek Harbour is about future daytime population and tenant demand, especially for homes within a short walk of Dubai Square and the metro. That support only arrives as space is built and occupied. Emaar has not released a construction start, phases, completion or handover date, so the district is longer-term context, not a date you can underwrite. Base any purchase on today’s rents and on the handover pipeline around the specific tower you are considering.
The community is planned for 75,500 homes, so supply will keep arriving. Location within the masterplan — close to the square, a station and the promenade, with views that cannot be built out — will matter more than the announcement itself. For a wider view of how new supply is shaping the market, see Is Dubai heading for oversupply?. The plan also sits in the city’s push to grow around new urban centres; we set that out in our note on the Dubai 2040 urban centres plan.
This announcement is not a unit sale. Emaar has not published prices, an expression of interest, a payment plan, the number of office towers, an architect for the office district, or whether space will be sold, leased or both. Third-party pages that already advertise floor plans, a payment plan or apartments in this district are not repeating official product terms — those details are not in the release. If you later have a choice between a home and a commercial unit, our comparison of commercial and residential property in Dubai sets out the trade-offs.
Valia by Emaar. Our Valia by Emaar page describes it as the first launch near Dubai Square Mall, an off-plan residential tower in Dubai Creek Harbour. Check that page for the live price and payment plan; those figures are not restated here.
Dubai Creek Harbour on the map. There is not yet a standalone Creek Harbour area guide on this site. Explore the Dubai Creek Harbour projects we cover on the map to compare location and handover. Across the creek, Downtown Dubai remains the established Emaar benchmark; see the Downtown Dubai map or our Downtown Dubai off-plan guide.
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Why Ovation
Ovation Capital Properties (RERA ORN 47175) is a founder-led Dubai off-plan brokerage for investors and resident buyers who refuse to buy blind. Led by Rahul Agiwal (Lead Advisor) and Bhumika Chauhan (Waterfront Specialist), we compare projects head to head, state live From prices and payment plans as facts, and only present DLD and Trakheesi-registered stock. In Dubai Creek Harbour we help you weigh each tower’s distance to Dubai Square and the metro, its views, its payment plan and the handover pipeline around it, then stay with you through SPA, Oqood and handover.
Frequently asked questions
What is Dubai Square Business District?
It is a planned commercial and office district of 300,000 sq m around Dubai Square in Dubai Creek Harbour, announced by Emaar on 9 November 2026, with a total development value (TDV) of AED 12 billion. It is not a priced launch. Prices, a payment plan, a sale or lease model, tower counts and a timeline have not been released.
Where will the district sit?
The office towers are planned to wrap Dubai Square, with Icon Plaza at the centre of Dubai Creek Harbour. Residential plots in the wider community are described as a five-minute walk from the mall.
How will it connect to the Dubai Metro?
Two metro stations will serve the district directly, and the office buildings are to be linked into them by climate-controlled connections, including the Iconic Metro Station. Across the Dubai Creek Harbour masterplan, Emaar lists three metro stations, 17 bus stops and a 7 km Discovery Loop.
Have prices, a payment plan or a timeline been released?
No. Emaar has not published prices, an expression of interest, a payment plan, the number of office towers, an architect for the district, a construction start, phases, completion or handover, or whether the space will be sold, leased or both.
What does this mean for home buyers in Dubai Creek Harbour?
A workplace of this size at the centre of the community, next to the mall and metro, can widen the future tenant pool for nearby homes. That effect depends on the offices being built and occupied, and no timetable has been announced. Compare any home on its walk to Dubai Square and the metro, its views, and the handover pipeline around it.
What has been said about the new Dubai Creek Tower?
In this release the new Dubai Creek Tower is only envisioned as an iconic global landmark for Dubai Creek Harbour. No height, architect, programme or timetable has been published.
Disclaimer: Dubai Square Business District, the new Dubai Creek Tower, Dubai Square and the community figures quoted here are planned figures from Emaar’s 9 November 2026 release; sizes, facilities, transport links and timings may change. No prices, payment plan, sale or lease model, tower count, architect or completion dates have been announced. Any comment on future rents or tenant demand is general context, not a forecast or a guarantee. Project details vary and change without notice; always confirm the live price, schedule, DLD fee treatment and escrow before you book. Official images in this article are credited “Image: Emaar”. This article is general information, not legal, tax or investment advice. Past performance does not guarantee future results. Ovation Capital Properties LLC, RERA ORN 47175.
