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Thursday, August 28, 2025

Tecom’s $435M Dubai Land Deal Sparks Industrial Boom

Tecom 33 million square feet industrial land

Tecom 33 million square feet industrial land acquisition is the latest move set to reshape Dubai’s industrial landscape. With a Dh1.6 billion investment, Tecom Group secured 138 new plots in Dubai Industrial City, expanding its total portfolio to over 209 million square feet. This bold step highlights Dubai’s ambition to strengthen its manufacturing and logistics backbone while attracting global investment.

Strategic Expansion for Dubai

The Tecom 33 million square feet industrial land deal comes at a pivotal time. Dubai Industrial City has already reached 99% occupancy, proving the strength of demand for industrial space. By acquiring new land, Tecom ensures that it can meet this demand while positioning itself to support Dubai’s wider economic diversification agenda under D33, Operation 300bn, and Make it in the Emirates.

Why Dubai Industrial City Matters

Dubai Industrial City’s location has been key to its success. Nestled near Jebel Ali Port, Al Maktoum International Airport, the Etihad Rail freight terminal, and major highways, it offers unmatched global connectivity. With the addition of the Tecom 33 million square feet industrial land, more companies will be able to establish operations in one of the Gulf’s most connected industrial zones.

Boost to Gulf Industrial Demand

The Gulf region has seen soaring demand for industrial land as diversification plans accelerate. Tecom’s investment secures Dubai’s competitive edge by ensuring capacity for new players across logistics, food manufacturing, automotive, and technology. The move strengthens Dubai Industrial City and reinforces the UAE’s vision of becoming a leading industrial economy.

Tecom’s Strong Financial Position

Tecom Group’s solid financial footing makes this acquisition even more significant. In the first half of 2025, Tecom reported a 22% rise in net profit, reaching Dh737 million, while overall portfolio occupancy stood at 95%. This financial performance gives the group confidence to commit billions into long-term industrial development.

Opportunities for Businesses and Investors

The Tecom 33 million square feet industrial land expansion is expected to benefit Gulf businesses by offering new opportunities in logistics, warehousing, and production. Suppliers, contractors, and service providers will also find increased opportunities as industrial activity grows. For international investors, the deal showcases Dubai’s reliability and readiness to host global enterprises seeking strategic industrial bases.

Tecom’s Role in the Industrial Vision

Tecom CEO Abdulla Belhoul stressed that this acquisition underlines Dubai Industrial City’s role in advancing the UAE’s industrial agenda. The addition of large-scale land ensures the hub can accommodate growing demand while supporting national priorities of boosting non-oil GDP and industrial exports.

Looking Ahead

The Tecom 33 million square feet industrial land purchase is more than a real estate investment it’s a symbol of Dubai’s long-term vision. It signals readiness for the future of global manufacturing and logistics, giving the emirate a competitive edge in industrial growth.

For the Gulf audience, this deal reflects confidence, ambition, and stability values that make Dubai a continuing leader in regional industrial development.

Mariam Banu

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