Dubai South, or Dubai World Central (DWC) as it was known earlier, is a full-fledged urban project at the centre of Dubai. This 145 sq. km. megapolis is designed to host more than a million people and create more than 500,000 jobs. This master-planned city will offer a uniquely sustainable, inclusive and uplifting ecosystem for creative and motivated individuals and enterprises from around the world.
Dubai South is divided into 7 separate Districts – Residential, Exhibition, Aviation, Logistics, Commercial, Golf and Business Park. The Business Park at Dubai South is a collection of 11 ultra-modern buildings featuring versatile and flexible ready-to-occupy business spaces that offer fast and easy business set up with a variety of licensing options.
In the following paragraphs, we explore a few factors that set Dubai South apart as one of the growth-oriented and fertile destinations for company formation in the Middle East.
1.Location, Location, Location
Located at the heart of Dubai, and enclosing the Al Maktoum International Airport, Dubai South is one of the most sought-after business locations in the world. As a vibrant, growth-oriented ecosystem within one of the most dynamic and modern cities in the world, Dubai South offers businesses a highly respected address has easy access to three continents and more than a billion consumers.
2.Easy Trade and Transport
Dubai South is located at close proximity to Dubai’s Jebel Ali Port and encloses Al Maktoum International Airport (to be the largest airport in the world when finished). This not only facilitates easy business travel, but also makes it the perfect location to establish a manufacturing point to trade with customers across the world. The 21 sq. km. Logistics District features multi-scale ready-to-use modern facilities that offer world-class multi-modal connectivity and cargo operations.
3.A Fully Integrated Ecosystem
Dubai South is much more than just a Free Zone. It is a complete urban ecosystem that includes a variety of residential and commercial facilities. The Residential District hosts housing complexes, schools, hospitals, and malls. The Commercial District features multiple zones with commercial, residential, shopping and hospitality facilities. This is in keeping with Dubai South’s vision to mould itself as an inclusive and sustainable ecosystem that aims for individual empowerment and facilitates a cohesive environment where people can live, work, and grow.
Businesses looking to set up their presence in Dubai South can enjoy the entire range of benefits that are afforded to companies in UAE’s Free Zones, and much more. These include 100% foreign ownership, 100% of repatriation of capital and profits, 100% personal income tax exemption, 0% import or export duties, no currency restrictions and easy access to global markets via air, land and sea.
5.Holistic Business Development
Dubai South operates a dedicated Business Centre for the complete formation needs of a variety of businesses operating in multiple industries. Companies looking to set up their new presence can choose between anything from small core offices and custom built office spaces to large scale industrial and warehousing facilities. With a mission that reiterates the idea of sustainability, enterprises operating in Dubai South are assured not just short term profits, but also long term synergy and growth.
With further development efforts in full swing, and an aim to elevate itself as a “pivotal hub in the global economy”, it is safe to say that there is a lot more to come from Dubai South. And Dubai South’s growth would not only be incredible for the businesses operating within it, but also for the entire region as a whole. If you a business looking to establish offices in Dubai South, it would be very helpful to get in touch with a registered Dubai company formation agent to guide you through the various processes.