Jadaf Dubai starts leasing its industrial area at Dubai Maritime City

Some 85 percent of the new Jadaf site's area of 106 hectares has been booked by companies operating out of the existing Jadaf site on Dubai Creek. Most represent local, regional and international companies specializing in repair and maintenance of steel vessels.

Officials are currently scrutinizing applications from prospective new occupants for the rest of the land.

Khamis Abdulla bin Jarsh, Assistant General Manager, Jadaf Dubai, said:

"The handing over of the leased units will begin early in the second quarter of 2007 as part of Jadaf's relocation of its entire operations to Dubai Maritime City. The shifting is being carefully executed in order to avoid disruption of the work for the companies operating out of Jadaf's current site or jeopardizing the interests of their customers."

"A master plan for classifying and distributing land and buildings was drawn up with help from specialists from the marine industry. The result was an integrated complex offering all facilities in line with Jadaf Dubai's operations, especially with regard to ship lifting using very advanced equipment."

Because of rising demand, Jadaf Dubai new applicants for industrial space are required to submit details of their financial and future plans for not less than five years. A work team formed by Jadaf will closely monitor the implementation of the required criteria.

Mr. Bin Jarsh said:

"At the new location, we have allocated space for traditional sea crafts in a bid to encourage the national owners of small ventures. They will be offered lease at favorable rates in line with the vision of the Dubai Government aimed at supporting such businesses."

Jadaf's new master plan includes 82 workshops (of 5,000 and 10,000 square feet) for maintenance and repair of boats and small and medium sized vessels, in addition to 82 warehouses of 5,000 square feet each.

As for commercial outlets, more than 30 separate units are to be leased to companies trading in marine equipment, accessories, spare parts, engines and lubricants, in addition to units allocated for offices, restaurants and showrooms.