The Box to Expand Self-Storage Solutions in the UAE
Dubai-based self-storage provider The Box has secured $12.5 million in debt financing, led by Shorooq Partners, a leading investment firm in the MENA region. The funding will support The Box’s expansion efforts, including the development of a new flagship storage facility in Dubai, aimed at addressing the increasing demand for secure and flexible storage solutions.
Meeting Growing Storage Needs
Founded in 2007 by Wadih Haddad, The Box has established itself as a market leader in self-storage services across the UAE. Catering to both individuals and businesses, the company offers a range of personal storage, record management, and moving services.
With Dubai’s expanding expat population and increasing urbanization trends, the demand for flexible, hassle-free storage solutions continues to rise. The Box provides storage units ranging from small 25-square-foot lockers to 1,000-square-foot rooms, ensuring customizable options for various needs.
The Box, Strategic Growth & Innovation
The newly acquired capital will fuel The Box’s expansion, including the construction of a state-of-the-art storage facility in the heart of Dubai. In effect, the company’s goal is to modernize self-storage by integrating technology-driven solutions that enhance security, accessibility, and convenience.
Shorooq’s investment underscores its commitment to backing transformative industries in the region. Joe Barron, Senior Investment Professional at Shorooq, highlighted that The Box aligns with their vision of enhancing everyday life through intelligent, responsive solutions.
Looking Ahead – Smart & Sustainable Storage
With Shorooq’s strategic backing, The Box is set to elevate the self-storage industry by offering sustainable, tech-enhanced facilities designed for modern urban living. Moreover, the company aims to deliver a seamless customer experience. This will ensure that every storage unit is more than just a space—it’s a gateway to new opportunities.
This investment marks a significant step toward revolutionizing self-storage in the UAE, reinforcing The Box’s position as a leader in the industry.
