Dubai is considered one of the most advanced technology centers in the world. A favorable business environment has been formed here, which contributes to the development and commercial success of corporations. Today, the emirate strives to become the most innovative city in the world. Consider profitable business centers in Dubai, as well as the advantages of opening a business in them.
Dubai Business District Development
As part of the development of the emirate, the opportunities of business districts and SEZs are being expanded. The main goal is to attract investment funds, as well as to implement innovative projects.
Today there are more than 30 frisons operating in Dubai, which are controlled by the Dubai Free Zone Council. Thanks to a convenient platform, they cooperate, increase their efficiency and competitiveness in the global market.
The government continues to develop various solutions for companies so that Dubai remains the most attractive destination for business and life. Each of the solutions is suitable for different areas, budget, type of activity.
Advantages of opening a company in such areas
- the possibility of doing business internationally and within the frison;
- 100% tax exemption;
- completely foreign property;
- the possibility to apply for a certain number of visas in accordance with the rules of the frison;
- optional physical office rental;
- full repatriation of capital, profits;
- no need to get additional trade permits;
- there are no currency restrictions.
List of business districts in Dubai
Dubai’s special innovative ecosystem is localized near three federal highways, major airports, as well as Emirates seaports. Attracts and cooperates with startups, independent corporations, Fortune 500 firms that provide the following types of services:
- real estate.
The first electronic sales zone on the MENA. The project consists of three clusters:
- zones for businessmen with 12 modern office spaces;
- logistics cluster with 105 divisions;
- public areas with art galleries, restaurants, cafes and other facilities.
Dubai Airport Free Zone (DAFZA)
It is located near a large international airport, through which a large number of tons of cargo passes. Small startups and large firms can rent within this FEZ:
- warehouses and offices (both empty and fully equipped);
- small promobjects;
- serviced office space/business suites;
Dubai Design District
It is under construction. The area is suitable for specialists and companies that specialize in design, art, culture. The project is being implemented as part of a program that creates a progressive economic environment based on technological innovations.
Dubai Healthcare City (DHCC)
DHCC are intended for companies from the healthcare and pharmaceutical industries. Divisions of large regional and global medical companies, as well as organizations from the hospitality, consulting, and retail sales sectors are localized on the territory. The free zone has its own management body that ensures the organization of “end-to-end” business processes within the frizone.
Dubai Industrial City (DIC)
The largest SEZ for industrial sector companies. It is distinguished by the presence of modern infrastructure and comprehensive solutions for conducting business activities. There are more than 250 factories registered in the district, as well as 700 global corporations.
Dubai International Academic City (DIAC)
FEZ in the higher education sector. Many international and regional universities and colleges are accredited in the district. They have more than 24 thousand students from different countries.
Dubai International Financial Center (DIFC)
A large financial center is located in the MEASA region. The latter consists of 72 countries, whose population reaches 3 billion people. For more than 15 years, DIFC has allowed for close partnership with the world’s Asian, European and American countries.
Dubai Internet City (DIC)
A large park of information and communication technologies. Thanks to the progressive economic ecosystem of the frison, organizations can use the best solutions to improve their activities in the field of IT technologies.
The only free zone in the world that is fully focused on personnel management and providing high-quality services in the field of education. The project trains specialists and develops the country’s economy. DKP provides services in the field of HR management, personal development, consulting.
Dubai Media City
DMC is suitable for those who specialize in the media business, including mass media, marketing services, printing and publishing. The same category includes music, entertainment, and news agencies.
A Frison with modern infrastructure and great opportunities for regional, international outsourcing organizations. The latter specialize in business processes, HR, IT.
DMCC (Dubai Diversified Commodity Exchange)
The Center for large-scale sales of raw materials has been awarded the title of the best FEZ four times. On the territory there is a gold exchange, goods – DGCX, a coffee and tea center. Moreover, more than 15 thousand firms have been established, including not only startups, but also multinational enterprises.
Dubai Science City
The Free Zone brought together companies of all types and sizes from the science cluster. Moreover, it is engaged in servicing the entire supply chain of the scientific sector. Office spaces, laboratories, warehouses and logistics centers are located on the territory.
Suitable for organizations from modern technospheres. This urban cluster has advanced infrastructure and personal business services.
Cooperates with companies from the following areas:
- TV and radio broadcasting;
Dubai Wholesale City
The area of the integrated wholesale sales area reaches 51 million square meters. It provides all the necessary opportunities for suppliers, customers who are engaged in wholesale trade.
Dubai South (World Central)
The project is called “a city within a city”. Its area reaches 145 square kilometers, and the number of inhabitants reaches one million. The government plans to turn it into a residential, office center, as well as create 500 thousand jobs in various industries on its territory.
The free zone has a very convenient location – the international exhibition center and the Mall shopping center are located nearby. 12 minutes by public transport, and you will find yourself at Dubai airport.
Jebel Ali Free Zone Authority
7,500 organizations from one hundred countries of the world are registered in JAFZA. They provide jobs for more than 13.5 thousand people. The FEZ borders with the largest port – Jebel Ali Port.
The frison is localized on the territory of the hippodrome, where expensive horse races are held annually. There are premises for trade, hotels, sports grounds, entertainment centers, residential quarters.
Dubai Future District
The business center in Dubai will support the development of the “new economy”. There are plans to place centers for trade and finance here. The territory will include the areas of DWTC, DIFC, Emirates Towers, which will be connected by bridges.