Dubai Industrial City, a member of Tatweer, has leased all of its 1.5 million sqft of warehousing facility, which make up half of the first phase of storage it launched earlier this year.
Rashed Al Ansari, Vice-President of Dubai Industrial City, said the warehouses were leased by business investors attracted by the quality the storage on offer, especially with regard to fire and safety levels.
"This is an indication of the dynamism of the industrial sector, which is experiencing a tremendous boom in the city," Al Ansari said.
"Moreover, we managed to grab the lion's share given that our warehouses offer high standards when it comes to fire resistance and safety measures, which is what responsible companies look for. The warehouses are built using pre-cast concrete walls that can contain a fire for four hours and stop it from spreading into neighbouring facilities, the doors are also fire proof, and all our units include independent fire fighting systems with equipment such as alarm panels, sprinkler systems as well as fire hose reels and fire exit doors."
He said Maqayees, the Dubai Centre for Industrial Standards, which is in charge of implementing quality, health, safety and environment (QHSE) standards within the city, was also mandated to ensure the storage materials in the warehouses are safe and offer no hazards to the surrounding community.
"Maqayees has authenticated the safety features within the warehouses and they have the right to inspect all storage materials kept in the warehouses to ensure they conform to our QHSE standards," Al Ansari said.
He said DIC is currently building a further 1.5 million square feet of warehousing facility expected to be operational before the year-end.
"The new facilities will help consolidate our position in the market as one of the largest players in the warehouse industry in Dubai. We are positive about the future of warehouses here especially considering we are building them in line with the latest safety standards to offer high quality and peace of mind to our investors," Al Ansari said.
He said the warehouses were 5,000 and 10,000 sqft and flexible to expand in multiples to be customised to the user's needs in terms of size.
Its location opposite Al Maktoum International Airport and Dubai World Central, as well as its close proximity to Jebel Ali Free Zone and Port, and being midway between Dubai and Abu Dhabi, were additional plus points that contributed to the strong market demand to lease them.
"These warehouses are part of our strategy to offer comprehensive services related to the industrial sector across our city. Storage is vital for industries and we have decided to offer the latest in warehousing facilities meeting our QHSE standards to offer our clients upgraded facilities that meet and exceed their operational needs," Al Ansari said.
Spread over 560 million sqft, the dedicated destination that is designed according to a viable live, work and play concept features six industrial clusters for food and beverage, base metal, mineral products, chemicals, transport equipment and parts, and machinery and mechanical equipment.
Dubai Industrial City is the third largest non-real estate project in Dubai and is spread across 560 million square feet of land.