Technology Park - Dubai
HIGHLIGHTS
ABOUT DUBAI TECHNO PARK
reputation of being a top-notch technological center and free trade zone in Dubai. Formerly known as the Dubai Technology Park (DTP), it is now called the Dubai National Industries Park (NIP). It operates under DP World and is situated within Jebel Ali, which is at the core of Dubai's industrial area. Its primary objective is to boost technological advancements and stimulate growth in the manufacturing sector by offering plots for land, warehouses, factories, and office spaces that cover an extensive area of 21 million sq. km.
In terms of location, the establishment is strategically positioned near both Al Maktoum International Airport and Jebel Ali Port.
IN A NUTSHELL
NEIGHBOURHOOD
COMMUNITY OVERVIEW
a decree was issued by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Technology Park, Dubai came into existence in 2016. Situated in the heart of Dubai's industrial zone, it boasts a plethora of modern amenities. The commercial area that is currently being constructed spans 21 million sq. km., with open spaces comprising roughly 30%. This location entices top manufacturing industries to establish themselves in Dubai and break into the UAE market.
Upon its completion, Dubai TechnoPark will offer accommodation to roughly 60,000 individuals and employment prospects for approximately 133,000 individuals in the city of Dubai.
TYPES OF COMPANIES IN DUBAI TECHNO PARK
Dubai Techno Park offers various forms of companies that can be established. Among the options available are:
In the UAE, a Limited Liability Company requires a minimum of 2 and maximum of 50 shareholders. When foreign investors are involved, they need to enlist a local sponsor who holds at least 51% shares in the company. On the other hand, Sole Establishments only allow GCC nationals to own and manage all aspects of the business.
In accordance with the Federal Civil Transactions Law No. (5) of 1985 and its subsequent amendments, a Civil Company can be formed as the third type of company. This kind of enterprise is allowed to have foreign nationals as full owners. Those who are interested in establishing branch offices may proceed as follows:
TYPES OF LICENCES IN DUBAI TECHNO PARK
Techno Park Jebel Ali Dubai has authorized three kinds of licenses for conducting business activities in the area. These include:
JAFZA has introduced a program in Dubai Techno Park that aims to assist multinational companies in achieving their target markets and maximizing returns. This one-stop-shop program enables companies to establish their business at minimal startup costs. Its success is demonstrated by the 278 participating companies, including major players like Danube, Carrefour, and Nestle.
PROPERTIES IN DUBAI TECHNO PARK
Dubai Techno Park has a range of properties available, including land ready for businesses, offices and warehouses. Those interested in purchasing or leasing commercial property can choose from various sizes of land. The warehouses available in the area range from 6,423 sq.ft to 230,110 sq.ft and come with dedicated spaces for dry, chilled and frozen storage. Additionally, these modern warehouses are equipped with underground water tankers, firefighting equipment, emergency light systems and septic tanks.
The smoke detector and the device that alerts people to a fire are both important safety features in a building.
The factory spaces in Techno Park offer a range of amenities, including temperature-controlled rooms, office areas, warehouse spaces with attached offices, loading and off-loading bays, as well as water tanks and chiller systems. These adaptable facilities lend themselves to various industrial needs.
RENTAL TRENDS IN DUBAI TECHNO PARK
In Dubai Techno Park, the annual rental cost for warehouses varies between AED 35k and AED 4.9M. The rental rates in the commercial area are primarily influenced by factors such as the size of the property and amenities provided.
SALE TRENDS IN DUBAI TECHNO PARK
For those looking to purchase properties in Dubai Techno Park, there are numerous alternatives available. Warehouses begin at a price of AED 5.2M and can reach as high as AED 55M. Additionally, investors have the option to acquire a factory spanning a space of 30,000 sq. ft. for AED 9.2M within the park's premises.
TRANSPORTATION AND PARKING SPACES IN DUBAI TECHNO PARK
The Dubai Techno Park has excellent connectivity due to its proximity to two major highways, namely Sheikh Mohammed Bin Zayed Road (E311) and Sheikh Zayed Road (E11), which run on either side of the community from the north and south. Additionally, it is located in close vicinity to key destinations such as the Expo 2020 Site and Dubai Logistic Corridor that includes Jebel Ali Port and Al Maktoum International Airport. This feature enables multi-modal transportation while also reducing container and cargo traffic.
Dubai's prominent industrial center boasts an abundance of parking spots. A multi-level parking structure situated in Dubai Techno Park, spanning 82,000 sq. m., can house as many as 12,000 vehicles concurrently. In addition to this, every company and office is allocated their own designated parking areas.
PUBLIC TRANSPORTATION IN DUBAI TECHNO PARK
If you're looking for public transportation in Dubai Techno Park, you have a few options. One possibility is taking the bus from the Motiongate bus station at Dubai Parks & Resorts, which is about a 15-minute drive away. Alternatively, you could head to one of two nearby metro stations - DAMAC Properties or UAE Exchange - both reachable by car in under 15 minutes. In addition to these modes of transit, there are also taxi services like Careem and Uber available for commuting around town.
AMENITIES, SCHOOLS AND HEALTHCARE
SUPERMARKETS NEAR DUBAI TECHNO PARK
In close proximity to Dubai Techno Park, there are various supermarkets that offer a range of daily necessities. These include Al Sultan Hypermarket, Zabeel Mini Supermarket and Madinat Al Qusais Supermarket, all within a 10-15 minute drive from the area.
CHURCHES, TEMPLES AND MOSQUES NEAR DUBAI TECHNO PARK
Muslim individuals have the option to pray in several mosques, including Emirates Station Mosque, New East Accommodation Mosque and Jebel Ali Mosque. Additionally, certain companies provide designated prayer spaces.
Christian worshipers have the option of visiting St. Francis of Assisi Church or Dubai Mar Thoma Church, both situated in close proximity to Dubai Techno Park and reachable within a 16-minute drive. In terms of Sikh temples, Guru Nanak Darbar Gurdwara is the nearest one available for visitation, covering an area of 12,500 sq. ft., and also happens to be the largest gurdwara in the region that has been open for devotees since 2012.
SCHOOLS NEAR DUBAI TECHNO PARK
The educational institutions near Dubai Techno Park can be reached within a 20-minute drive. Among the popular schools in the area are Delhi Private School, Dove Green Private School, and The Arbor School. Dove Green Private School follows British curriculum for Foundation Stage to Year 6 students while The Arbor School emphasizes eco-literacy and sustainability in their curriculum.
Individuals seeking higher education have a multitude of choices in close proximity to the community, such as prestigious institutions like the University of Balamand Dubai and the University of South Wales. These esteemed universities are conveniently located within a 15 to 20-minute driving distance.
CLINICS AND HOSPITALS IN DUBAI TECHNO PARK
Dubai Techno Park has nearby healthcare options such as Access Clinic Jafza and Noor Al Shefa Clinic. Mediclinic is a top-notch medical facility in Dubai that offers services for family medicine, paediatrics, gynaecology and obstetrics, dentistry, and dermatology. The clinic's closest branch is situated in Ibn Battuta Mall which can be reached within 18 minutes by car.
NEARBY AREAS
Despite being a bit far from the central city, Dubai Techno Park boasts a convenient road network that makes commuting easier. There are several residential areas in close proximity, including Jebel Ali Village and Dubai Investments Park to the southwest, and Jumeirah Islands and Emirates Hills to the north. Other popular communities like Dubai Production City and The Springs are just a short drive away. In addition, one can reach Abu Dhabi by car from the commercial district in about an hour and a half.
LIFESTYLE
SHOPPING, DINING AND NIGHTLIFE
MALLS NEAR DUBAI TECHNO PARK
Visit The Outlet Village by Meeras, located near Dubai Techno Park, for a seamless shopping experience. With over 80 high-end stores offering fashion brands and lifestyle items of every kind, you'll find everything you need here. Indulge in some delicious dining options at Godiva, Operation: Falafel, Starbucks or Caffe Nero. You can also enjoy valet parking services and complimentary shuttle bus service along with access to open Wi-Fi and prayer rooms. Stores such as Aldo, Adidas, Banana Republic, DKNY, Nike Sephora and Skechers are just a few popular ones amongst the many available here.
It takes just 15 minutes to reach the shopping mall. Nearby, there are alternatives like Riverland Dubai's Sapphire Mall and The French Village.
RESTAURANTS NEAR DUBAI TECHNO PARK
As the community is still growing, there are alternative dining options available in nearby areas. In proximity to Dubai Techno Park, restaurants such as Up Star Restaurant, La Mensa Restaurant, Veg Hut Restaurant and Emir Turkish Restaurant can be found. Likewise, Dubai Parks & Resorts provides a range of dining choices including Kalea, Urban Seafood and Bricks Bites. For more high-end dining experiences, individuals may venture north towards Dubai Marina and Palm Jumeirah.
BEACHES NEAR DUBAI TECHNO PARK
Dubai has a variety of popular public beaches located to the north, which can be reached by driving for 20-30 minutes. These beaches include JBR Beach, Kite Beach, and Sufouh Beach. Additionally, Golden Tulip Bungalows is another public beach situated near Dubai Techno Park in Ghantoot's off-plan development.
LEISURE ACTIVITIES AND NOTABLE LANDMARKS
The Jebel Ali Shooting Club is an exceptional leisure destination that offers a competitive atmosphere for shooters, regardless of their skill level. With five clay shooting ranges illuminated by floodlights, it caters to both novice and seasoned shooters. Additionally, the club houses a restaurant where one can unwind after taking aim.
enjoy various rides and attractions based on popular movies. Bollywood Parks Dubai offers a taste of Indian culture with nine themed zones featuring live entertainment, restaurants, and shopping options. The location of the leisure spot is convenient for those who reside near Dubai Techno Park. It boasts three theme parks and one water park that provide visitors with numerous indoor and outdoor rides as well as other fun-filled activities. Legoland Dubai caters to children between the ages of 2 to 12 years old, boasting six zones with over 40 Lego-themed rides. In addition, there is also a Legoland Waterpark in the area where families can enjoy several splash-worthy attractions together. Motiongate Dubai is a Hollywood-inspired theme park that allows guests to experience thrilling adventures based on their favorite films while Bollywood Parks Dubai offers an immersive cultural experience through its nine uniquely themed zones containing live performances, dining options, and shops selling souvenirs related to Indian culture. Those living around Dubai Techno Park have easy access to this exciting destination.
Dubai Parks & Resorts offers a chance to encounter beloved characters like those from The Kung Fu Panda, The Smurf, and The Hunger Games. Additionally, visitors can explore other theme parks such as Bollywood Parks and Riverland Dubai.
OUTDOOR ACTIVITIES, FITNESS AND BEAUTY
In order to partake in outdoor recreation, locals may visit neighboring towns. Examples of public parks in the vicinity include DIP Public Park and Jumeirah Park Community Park.
Fitness lovers in the vicinity of Dubai Techno Park have access to several gyms such as Mia Fitness Centre, Evolve Fitness and The Big Gym. These fitness centres are conveniently situated within a 15 to 20-minute drive.
Men can visit either Barbers Salon or Bollywood Men's Salon for haircuts and beard grooming, with both establishments located within a 20-minute driving distance.
COMMUNITY EVENTS
Riverland, located in Dubai Parks and Resorts, offers various events that include outdoor movie screenings and dazzling fireworks displays.
THINGS TO CONSIDER
Dubai Techno Park primarily serves as a commercial zone with few housing possibilities. Nonetheless, the impending residential developments will benefit those who work in this area and desire to relocate with their loved ones.
FAQs
Is Dubai Techno Park a Free Zone?
Dubai Techno Park is among the zones in Dubai that offer free trade, facilitating companies of various specializations to establish their ventures.
Where is Dubai Techno Park located?
Situated in close proximity to both the Expo 2020 site and Al Maktoum International Airport.