Aldar to Develop Grade A Logistics Park for DP World at Jebel Ali

Aldar Properties and DP World have signed a strategic agreement where Aldar will fund and develop a 1.55 million sqft Grade A logistics park at National Industries Park (NIP) in Jebel Ali, Dubai.

The NIP 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.

Catering to the high demand for warehousing facilities, the project will target third-party logistics (3PL), eCommerce and retail tenants looking to expand or relocate.

The Grade A and LEED certified logistics park will sit on a 2.36 million sqft (220,000 sqm) plot and will comprise three modular buildings that can be modified to become single or multi tenanted facilities, offering flexible unit sizes.

Dubai South and Aldar Break Ground on First Grade A Logistics Facility

Aldar will be responsible for the full development cycle of the logistics park, from concept and design to execution and management.

In January this year Aldar had announced that it was investing a further US$270 million to expand its logistics real estate business in Dubai and Abu Dhabi.

Talal Al Dhiyebi, Group Chief Executive Officer, Aldar Properties, said: “This strategic agreement with DP World further bolsters our presence within the logistics real estate sector and aligns with our broader expansion plans in Dubai."

Abdulla Bin Damithan, CEO & Managing Director, DP World GCC, said: “Our collaboration with Aldar will expand the logistics capabilities at NIP, strengthening our position as a critical distribution hub for some of the biggest manufacturers and businesses in the FMCG segment. 

"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 kilometre zone that is situated at the heart of Dubai’s industrial district.

Construction of the new logistics park will begin in Q4 2024, with the first tenants set to be welcomed in Q4 2025.

Read More: Dubai South and Aldar to Develop Build to Suit Logistics Facility for Kuehne+Nagel