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Monday, November 30 - 2009

Special showrooms zone in Dubai Investments Park attracts AED 2 billion

  • United Arab Emirates: Wednesday, May 16 - 2007 at 12:03
  • PRESS RELEASE

The Dubai Investments Park (DIP), the wholly-owned subsidiary of Dubai Investments has attracted over AED 2 billion in investments in various enterprises in its special showroom zone.

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To further improve its economic viability and business flexibility while extending its services to a wider customer base, the DIP has incorporated the Commercial Showrooms Zoning District into its master plan, which permits the development of retail and wholesale commercial showrooms that are to be oriented primarily to a customer base outside of the DIP.

"The DIP has been strategically conceptualized to be both a self-contained community and a destination of choice for non DIP-based clients who are looking for a hassle-free venue to transact business through the Commercial Showrooms Zoning District," said Omar Al Mesmar, General Manager, DIP.

DIP's strong appeal is hinged on its self-sustaining concept, covering all aspects that contribute to a healthy business enterprise - from corporate-centric services, to industrial facilities, to comfortable housing and recreational amenities for company workforce.

"The DIP's range of amenities is unparalleled, from business, to leisure, comfortable living and even sports. Being just half an hour from downtown Dubai and located close to the Jebel Ali port and Dubai's upcoming International Airport, DIP's Commercial Showrooms Zoning District is an ideal location both for companies and consumers. Investors can take advantage of the Commercial Showrooms Zoning District's conducive platform to maximize the visibility of their products and services, while they can also tap in DIP's built-in customer base. Consumers will have a comfortable and satisfying experience with the zone's wide range of services and products, excellent leisure amenities and proximity to key areas of the emirate," Al Mesmar.

Situated at an ideal location facing the Emirates Road, the Showrooms will be leased to vendors of automobiles, furniture, home appliances, professional and commercial equipment, industrial equipment and supplies, hardware, plumbing and cooling equipment and many more commodities.

A number of major developers have started work on their projects at the zone, which is expected to be completed by mid 2008. The zone, which will be carpeted and will have a lavish landscaping, has a leased area of over three million square feet.

The zone will be one of the DIP's key commercial amenities, which already include six international schools, sports clubs, fire and police departments, a healthcare centre, postal, banking and insurance services, and major shopping facilities. DIP also prides itself as Dubai's first private development to offer tenants water for irrigation and fire-fighting through an extensive irrigation network.
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