Dubai CommerCity launches first phase
DEDICATED E-COMMERCE FREE ZONE INCLUDES 470,000 SQ FT OFFICE SPACE
Dubai CommerCity has announced the launch of 470,000 square feet of new facilities as part of its first stage in line with its planned schedule.
The CommerCity, the first dedicated e-commerce free zone in the Middle East, North Africa and South Asia regions, is situated in the Umm Ramool area, and is a Dh3.2-billion, 2.1 million sq.ft project.
The launch of the new phase includes a built-up area of over 320,000 sq.ft of offices spaces in the Business Cluster. It also includes 145,000 sq.ft e-commerce logistics units and multi-client warehouses in the Logistics Cluster, which will be managed and operated by Hellmann Worldwide Logistics and DHL.
“The launch of Dubai CommerCity aims to lead the future of e-commerce business in the region. The project has been thoroughly studied not only to provide foundational solutions, but also to stimulate and support business and prosperity at a time when the sector is going through peak growth. The e-commerce sector is key as its value is expected to reach $148.5 billion by 2022 in the Middle East, Africa and South Asia regions,” Shaikh Ahmad Bin Saeed Al Maktoum, Chairman of the Dubai Airport Freezone Authority, said.
The project [will] stimulate and support business and prosperity at a time when the sector is going through peak growth.” Shaikh Ahmad Bin Saeed Al Maktoum | Chairman of Dafza
Dubai CommerCity is set to attract specialised companies aiming to establish their regional headquarters in the emirate of Dubai.”
Dr Mohammed Al Zarooni | Director General of Dafza
Dubai CommerCity (DCC), the first dedicated e-commerce free zone in the Middle East, Africa and South Asia (MEASA) regions, has announced the launch of 470,000 sq-ft of new facilities as part of its first stage in line with its planned schedule.
Dubai CommerCity is situated in the Umm Ramool area, and is a Dh3.2-billion, 2.1 million sq.ft project. The launch of the new phase includes a builtup area of over 320,000 sq.ft of offices spaces in the Business Cluster. It also includes 145,000 sq.ft e-commerce logistics units and multi-client warehouses in the Logistics Cluster, which will be managed and operated by Hellmann Worldwide Logistics and DHL. The new free zone managed to lease more than 51 per cent of the logistics warehouses to companies in sectors ranging from ecommerce, logistics and information technology to fashion, jewelry and electronics.
Key enabler
Shaikh Ahmad Bin Saeed Al Maktoum, Chairman of the Dubai Airport Freezone Authority (Dafza), emphasised how the e-commerce industry has proven to be a key enabler of growth for companies and a new module adopted by many businesses to ensure business continuity as a result of the increased demand. He added that the acceleration of digital transformation within supply chains and trade due to the pandemic, has spurred companies to ensure continued operations which are picking up with great optimism in 2021.
“The launch of Dubai CommerCity aims to lead the future of e-commerce business in the region. The project has been thoroughly studied not only to provide foundational solutions, but also to stimulate and support business and prosperity at a time when the sector is going through peak growth. The e-commerce sector is key as its value is expected to reach $148.5 billion by 2022 in the Middle
Fast growing sector
The GCC region is the fastest growing in the e-commerce sector, and the UAE comes in second place as it is expected to grow 38.3 per cent Compound Annual Growth Rate (CAGR). The UAE is also ranked the fifth largest B2C products e-commerce market in sales within the Middle East, Africa and South Asia regions valued at $4 billion. UAE companies in e-commerce account for 6 per cent of the 100 largest companies in the sector within the Middle East, Africa and South Asia region. “The launch of the new Dubai CommerCity facilities comes in line within the planned schedule. Despite the global circumstances and the challenges posed by the Covid-19 pandemic, we have witnessed an urgent need to build a world-class e-commerce platform. It is set to attract specialised companies aiming to establish their regional headquarters in Dubai, which helps them expand and develop their regional operations to keep pace with the significant growth in e-commerce,” said Dr Mohammad Al Zarooni, Director General of Dafza.
UAE companies in e-commerce account for six per cent of the list of the 100 largest companies in the sector within the Middle East, Africa and South Asia (MEASA) region.