Dubai CommerCity says it has succeeded in leasing 30 per cent of its facilities within a period of only two months.
The first dedicated e-commerce free zone in the Middle East, Africa and South Asia (MEASA) region has begun commercial operations signalling a new chapter for global e-commerce and trade.
Dubai CommerCity said it has succeeded in leasing 30 per cent of its facilities within a period of only two months in the first part of the development phase of the free zone, which extends over an area of 2.1 million square feet and backed by an investment of AED3.2bn.
Dr Mohammed Al Zarooni, Director General of DAFZA, said: “What we achieved in the first phase of the commercial operations is a pivotal achievement in anticipating the future of e-commerce and accelerating its growth in the region… In just under three years of construction, we have managed to turn a dream and a concept into a physical, world-class facility that will inspire a whole new generation of entrepreneurs and innovators.”
Dubai CommerCity is divided into three clusters – the Business Cluster, the Logistics Cluster and the Social Cluster. Dubai CommerCity said it will be unveiling new office buildings in October 2022 and will also be launching phase 2 of its Logistics Cluster during the same month.
