Dubai Investments Park houses 3,500 firms

Dubai Investments Park (DIP), an integrated commercial, industrial and residential community in the Middle East, has attracted over 3,500 companies across a wide array of sectors over the last 17 years, playing a pivotal role in UAE’s industrial and manufacturing boom.

DIP, a subsidiary of Dubai Investments, offers a total of approximately 59.5 million square feet of space within the 2,300-hectare DIP which are readymade facilities and includes 3,000-plus warehousing and industrial units besides staff accommodation.

The park has attracted a number of multinationals and international brands, including Danzas, Aujan Industries, Transmed, MH Al Shaya, Dubai Refreshments Company [Pepsi], Permasteelisa Gartner ME, Mapei-Innovative Building Solutions, Larsen & Toubro [L&T], Weatherford Oil Tool among others. A number of companies have set up their regional headquarters within DIP.

Omar Al Mesmar, General Manager of DIP, said: “Today, we are home to over 3,500 companies from various sectors – industrial to manufacturing to trading who have set up base in the park. In fact, DIP serves as a regional gateway for a number of companies.”

DIP today has over 30 office buildings, 25 showrooms, five schools, three hotels, besides 292 residential and staff accommodation buildings.

According to Knight Frank research, released in July 2014, rental values in industrial parks such as DIP have experienced double-digit growth compared to last year.

Rentals in Class 2 buildings in DIP have gone up by 47 per cent year-on-year while those in Class 1 buildings in DIP have risen by 29 per cent over 2013.

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