Properties for sale in Dubai Industrial Park

Establishing cooperative relations with the Financial Free Zone Authority, Dubai's real estate sector allows international companies to buy properties in Dubai. The only condition which is mandatory is that companies should be registered in ADGM (Authority of Abu Dhabi Global Market) with a memorandum of understanding signed by the Dubai Land Department (DLD). One of the most regarded properties in Dubai that these companies can invest in is Dubai Industrial Park (DIP). Situated close to Jebel Ali Port and Maktoum Airport, Dubai Industrial Park is a hallmark of industrial advancements in Dubai. Introduced in 2004, the project comprises six major zones, including food and beverage, chemicals, base metal, mineral products, transport equipment and parts, and machinery and equipment. Strategically positioned, Dubai Industrial Park extends across an area of 560 million sq. ft., an can accommodate more than 500,000 occupants at once.

Types of Properties in Dubai Industrial Park

Complemented with various educational, logistical and mixed-use areas, Dubai Industrial Park (DIP) contains over 3 villas that range between 2,932 sq. ft. to 3,800 sq. ft. With built-in wardrobes, outdoor swimming pools, elegantly furnished dining areas, state-of-the-art kitchens and patios, these villas provide a perfectly idyllic setting. As far as the other properties are concerned, Dubai Industrial Park contains more than 3 townhouses and 4 residential plots with a built-up area that ranges between 965 sq. ft. to 84,965 sq. ft. When it comes to commercial properties, Dubai Industrial Park contains more than 13 warehouses with built-up areas that lie between 24,000 sq. ft. to 265,834 sq. ft.

Sale Price Trends for Properties in Dubai Industrial Park

A member of TECOM group, Dubai Industrial Park is one of the largest industrial hubs in the city that has played a role in the economic diversification of Dubai. Owing to that, buying a unit in Dubai Industrial Park is a reasonable decision. As far as prices are concerned, they are quite reasonable as compared to other areas of Dubai, such as Jebel Ali. The cost of warehouses in Dubai Industrial Park ranges between AED 5,200,000 and AED 20,000,000. In the realm of residential properties, the cost of residential plots in Dubai Industrial Park starts from AED 1,860,000.

Popular Areas of Dubai Industrial Park

Established with an aim to advance the technological development in 2002, Dubai Techno Park is an IT park that extends over 21,000,000 sq. m., out of which 30% is an open space. In close proximity to Dubai Industrial Park, Dubai Techno Park (DTP) is located in Jebel Ali, consisting of the world's leading petrochemical, oil, gas and information technology industries. Being a premier industrial hub in the entire Middle East, Dubai Techno Park contains limited liability companies with only 2 to 50 shareholders and sole establishment companies who are owned by a sole owner (must be a UAE national or GCC). One of the other most popular areas lying in the vicinity of DIP includes Jollytops Restaurant which serves spanish cuisine. From adobong tahong (at AED 35), ginisang tahong (AED 40), sinigang tahong (AED 30), steamed tahong garlic (AED 35) to beef short ribs soup (AED 20), the restaurant offers scrumptious dishes. For sidelines, oxtail nilanga (AED 35), prawns sizzler (AED 25), sotanghon soup (AED 15) and oxtail soup (AED 20) to cream of mushroom soup (AED 12) are the restaurant’s picks. Nearby DIP, lies Souq Extra which incorporates the idea of contemporary retail planning into innovative developments. Built in the year 2008, Souq Extra has its centres in Ras Al Khaimah, Sharjah, Dubai, Al Ain, Abu Dhabi and Fujairah. With an objective to increase the outreach of neighborhood facilities, it is anchored by two major concepts: the establishment of a supermarket and the provision of basic needs.

Reasons for Investing in Dubai Industrial Park

Located near key highways of Dubai, Sheikh Mohammed Bin Zayed Road and Emirates Road, Dubai Industrial Park makes traveling easier for residents. Offering amenities, such as retail showrooms, open storage yards, office spaces and logistic solution support, Dubai Industrial Park represents the growth of the industrial sector. It contains 700 companies, 320 factories with a workforce that consists of 5,000 employees. So by buying a unit here, you will be able to catalyze your growth in the emerging industry.