Dubai Industrial City has secured an additional 13.9 million sq. ft. of land through a $112 million (Dh410 million) investment. This expansion aims to bolster local supply chains and stimulate domestic manufacturing in the UAE.
The strategically situated plots enhance Dubai Industrial City’s land bank and come after a period of impressive growth. Pro-industry initiatives like Operation 300bn, Make it in the Emirates, and D33 have fuelled demand for high-quality industrial space.
Land occupancy within the city surged by 12% year-on-year to 97% in Q1 2024. This follows a year of significant expansion in 2023, with Dubai Industrial City’s customer base growing 17% to over 1,000 domestic, regional, and international companies.
