Dubai South and Aldar Join Forces to Elevate Logistics Landscape

04 April 24

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Dubai

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Dubai South, the leading aviation and logistics hub in the region, and Aldar Properties, the UAE's premier developer, have announced a groundbreaking partnership to develop Grade A logistics facilities within Dubai South's Logistics District. This strategic collaboration signifies a significant step forward for Dubai's ambition to solidify its position as a global logistics powerhouse.

The agreement, signed in February 2024, paves the way for the construction of modern, high-specification warehouses catering to the evolving needs of the logistics sector. Aldar will be responsible for the design, development, and delivery of these facilities, starting with a 24,000 sqm behemoth located strategically near Al Maktoum International Airport. This prime location offers tenants exceptional accessibility and proximity to leading logistics giants like Amazon, Noon, and DHL.

"This partnership with Aldar marks a significant milestone in our journey to solidify Dubai South's position as a premier logistics hub," said Mohsen Ahmad, CEO of the Logistics District, Dubai South. "The development of Grade A facilities will not only attract leading logistics companies but also empower them to operate at the peak of efficiency."

This collaboration aligns perfectly with Aldar's recent venture into the logistics real estate sector. Their commitment includes a AED 1 billion investment earmarked for developing build-to-suit and build-to-lease projects across the UAE.

"We are thrilled to partner with Dubai South to develop best-in-class logistics facilities," said David Dudley, Chief Partnerships and Investments Officer at Aldar. "This project aligns perfectly with our strategic expansion plans and will allow us to cater to the growing demand for modern logistics infrastructure in the region."

The combined expertise of Dubai South and Aldar promises to deliver a game-changing development that will transform the logistics landscape in Dubai. With its focus on innovation and efficiency, this partnership is poised to attract international investment and further solidify Dubai's position as a global trade and logistics hub.

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