Dubai Science Park
Dubai Science Park Overview
Dubai Science Park is a government sponsored commercial zone and licensing body which caters for the pharmaceutical and medical equipment manufacturing sector.
In 2016 the name was changed from Dubai Biotechnology and Research Park (known as DuBioTech) to Dubai Science Park in order to represent the merging of the Dubai government's energy and environment sector with its pharmaceutical and biotechnology sector.
Dubai Science Park was launched in 2005 as a business park geared towards the science, medical and pharmaceutical sector. It covers an area of 300 hectares and is operated by the government-owned TECOM Group.
The vision for the park, as articulated by the Ruler of Dubai, Sheikh Mohammad Bin Rashid Al Maktoum, was to create "an incubator for researchers and scientists and a centre for production, creativity and development... I want the Dubai Biotechnology Initiative to be a centre for civilisation and science in the UAE and to benefit the wider world."
The Dubai Science Park management were responsible for phase one of the development comprising the flagship HQ twin office towers, warehousing facilities, and the Dubai Science Park Lab Complex. The rest of the land is earmarked for development by private partnerships.
Companies that establish themselves in Dubai Science Park can enjoy free zone benefits including exemption on corporate and personal taxes, 100 per cent ownership of their business, full repatriation of capital and profits, no currency restrictions, a one-stop-shop of support services, simplified incorporation and a fast-track visa service.
As of 2018 there were 350 companies registered in the park with between 30 and 40 new companies being added each year.
The Dubai Science Park was originally headed by Dr Abdulqader Al Khayat, a former director-general of the Dubai Police Forensic Department.
It is now headed up by Marwan Abdulaziz Janahi who has been with the company for over 10 years. In a January 2008 radio interview on the Dubai Eye Business Breakfast show, Marwan explained that Dubai Science Park offers commercial space to the scientific community with a flexible offering ranging from the one-man-show entrepreneur scientist who wants to benchwork in a lab, to regional headquarters for large firms who wish to manufacture.
Marwan added that in order to attract customers to the park the management runs a schedule of events in order to bring people in the scientific community together and the DSP also works closely with academia to ensure that talent is nurtured, such as by running an internship program every spring to help match students with local companies. This has been a success with students from both Amity University and Mohammed Bin Rashid University finding jobs in the park.
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The development is being being built in multiple stages with the first contractors starting the infrastructure work in 2006.
The original completion date for phase one was 2008 but progress slowed significantly during the financial crisis and only smaller warehouses and labs were completed before 2009.
The flagship twin towers, The Dubai Science Park Headquarters (DSP HQ), were delayed almost a decade but as of 2018 the office units are currently at the fit out stage.
Dubai Science Park in the News
Construction Week, 16th May 2019
Arabian Business, 5th Aug 2016
Dubai Science Park Communities
We currently maintain records for 3 sub-communities in Dubai Science Park.
Dubai Science Park Buildings
We currently maintain records for 13 building developments in Dubai Science Park.
View all Dubai Science Park building developments.
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