The Dubai Multi Commodities Centre (DMCC) has launched the DMCC Wealth Hub, a centralized platform aimed at supporting family offices and private capital firms looking to establish or expand operations in Dubai. The move underscores the emirate’s growing significance as a global destination for private wealth management.

The initiative comes amid a surge in assets under management (AUM) by Dubai-based family offices, now estimated to exceed $1 trillion. The new Wealth Hub provides a structured environment for managing governance, succession planning, and investment strategies, reflecting the city’s ambition to position itself as a premier jurisdiction for long-term wealth stewardship.

Designed as a single point of entry into Dubai’s private capital ecosystem, the DMCC Wealth Hub offers tailored licensing options - including Single Family Office, Multi Family Office, Special Purpose Vehicle (SPV), and Holding Company structures - alongside access to legal, tax, and fiduciary expertise. Integration with the DMCC Tradeflow platform enables secure asset registration and financing.

The official launch was attended by H.E. Mohamed Hassan Alsuwaidi, UAE Minister of Investment, and H.E. Abdulaziz AlNuaimi, Assistant Undersecretary at the Ministry of Economy and Tourism. Alsuwaidi emphasized the UAE’s strategic intent to become a leading destination for global capital, noting the critical role of private wealth in advancing national economic diversification. AlNuaimi highlighted the importance of regulatory clarity and institutional support in attracting long-term investment.

Ahmed Bin Sulayem, Executive Chairman and CEO of DMCC, said the Hub is a response to the rapid growth in wealth management activity in Dubai. “Family offices in the emirate are projected to grow their assets by over 50% by the end of the decade. The Wealth Hub gives these entities the platform they need to manage cross-border structures and navigate intergenerational wealth planning,” he said.

The launch also featured contributions from Emirates NBD and Deloitte Middle East, with executives sharing insights on current investment trends and structuring models in private wealth.

The Wealth Hub builds on DMCC’s broader position as a global business district, now home to nearly 26,000 companies across sectors including commodities, finance, and technology. With over 3,400 tech firms, including close to 1,000 operating in Web3, the district aims to bridge private capital with opportunities in digital assets, AI, and fintech - further entrenching Dubai as a future-facing wealth center.

Photo credits: Government of Dubai Media Office

Oksana Bozhko

Oksana Bozhko is a Contributor to Dubai Voice.