Aldar Properties and DP World have signed an agreement to develop a 144,000-square-meter (1.55 million square feet) Grade A logistics park at National Industries Park (NIP) in Dubai’s Jebel Ali. Construction will begin in Q4 2024, and the first tenants will be welcomed in Q4 2025. 

It is strategically positioned near Jebel Ali Port and Al Maktoum International Airport and well-connected to major road networks such as the E11 and E311. The project will target third-party logistics (3PL), e-commerce, and retail tenants looking to expand or relocate, catering to the high demand for warehousing facilities. 

 “The site’s location within NIP is significant, strategically positioning us in a logistics hotspot with excellent access to the port and the main highway to Dubai and Abu Dhabi. Leveraging our expertise in development and asset management, this unique project will play an integral role in the continued growth and diversification of our logistics offering,” said Talal Al Dhiyebi, Group Chief Executive Officer of Aldar Properties.

This comes with a demand for more warehouse facilities and as a part of Aldar’s recently announced $272 million investment to expand its logistics real estate business in Abu Dhabi and Dubai. 

The logistics park will will sit on a 2.36 million sqft (220,000 sqm) plot and comprise three modular buildings that can be modified accordingly to become single- or multi-tenanted facilities. Aldar will be responsible for developing the logistics park, from concept and design to execution and management.

Meanwhile, Abdulla bin Damithan, CEO and Managing Director of DP World GCC said, “With more than 330 businesses operating their facilities out of NIP, the development of this logistics park will ensure that the right infrastructure and services are in place to meet the growing demands of our customers.”

NIP is a 21-square-kilometer zone situated in the heart of Dubai’s industrial district. It offers a supportive ecosystem for manufacturing and processing companies, including multimodal sea, land, and air logistics solutions.

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