Dubai-based self-storage provider The Box has secured US$12.5 million in debt financing through a deal led by Shorooq Partners.

The funds will support its expansion and the development of a new storage facility in Dubai.

Founded in 2007, The Box offers self-storage units, record management services, and moving solutions for individuals and businesses across the UAE.

The financing, led by Shorooq’s Credit Practice, will help build the new facility to meet growing demand.

The Box holds a significant share of the UAE’s self-storage market, which is expanding alongside urban development and a rising expatriate population.

This funding strengthens its market position and supports evolving consumer storage needs.