Dubai has renamed Dubai World Central, the 145-sq-km master-planned city which hosts the now-operational Al Maktoum International Airport, as ‘Dubai South’ in August 2015.
Announcing the new name, Sheikh Ahmed bin Saeed Al Maktoum, chairman of Dubai Aviation City Corporation, said: “The Government of Dubai has been working to build a new destination – which we are naming today ‘Dubai South’ – where individuals can empower themselves to achieve their legitimate aspirations to the greater good of society.”
“The name is iconic, and will become instantly recognisable for years to come. Dubai South is the emirate’s flagship urban project that will set benchmarks for the rest of the emirate in terms of manifesting the themes of happiness as set out in Dubai Plan 2021,” he added.
As a city basing itself on the happiness of the individual, Dubai South aims to change the fundamental concept around how a community is built and what it stands for. The city’s ecosystem is expected to generate over half a million jobs and sustain a total population twice that number.
Dubai South’s two essential urban dimensions of living and commerce are reflected in its logo, whose colour is a mixture of green and blue. Green represents living, and is also symbolic of rebirth, growth and sustainability. Commerce and industry is universally represented by blue.
Al Maktoum International Airport, when complete in 2022, will be the world’s largest with a capacity to handle 220 million passengers and 16 million tonnes of cargo per year.
Free Zone Benefits
As a free economic zone, Dubai South offers companies the space and the flexibility they need to setup, grow and expand businesses within the aerotropolis and city around the m. Companies can enjoy operating from the Business Park buildings that are fully completed and ready for immediate use. The Business Park offers 11 high-quality commercial buildings that are strategically located between Dubai and Abu Dhabi it is an ideal place for long-term business growth.
The Business Park offers finished, ready-to-use offices as wells as core and shall commercial spaces that can be shaped and designed in accordance with client specifications. A major advantage of the Dubai South Business Park buildings is that major companies can consolidate their offices into large contiguous floors either vertically or horizontally.
Moreover, companies can benefit from the free zone environment offered by the Dubai South and enjoy advantages such as:
- Free Zone environment
- State-of-the-art facilities
- 100% tax free
- 100% foreign ownership
- No corporate tax
- wide range of business activities are available
- Flexible commercial lease terms
- Competitive rates
- Direct access to Al Maktoum International Airport and Jebel Ali Sea Port
Facilities offered by Dubai South :
Office space: They have immediate availability of core & shell office and fitted out office space as per your requirement and more. As you might know we can reach up to 140,000 sq. ft. on one level with the bridged floors of 3 consecutive buildings.
Lease Length and commencement date: Starting 1 year up to 5 years lease length for medium and shell and core office space which will help in better forecast for the company planning.
Parking: a ratio of 1 :50 sq. m. of leasable area.
Visa: In Dubai South allows 1 employment visa every 8 sq. m. and No visa deposit required. Visa cost starting from AED 1,800 if the applicant outside the country, up to AED 3,500 if the applicant inside the country, excluding medical test and emirates ID.
Telecom & IT: They currently have Etisalat as their service provider. However, based on an existing agreement between Etisalat and Du their tenants can approach Du to receive the telecom service from them. In addition, Smart world will be able to provide with your IT and Telecom requirements.
Transport: They currently have RTA buses coming from Ibn Battuta and Danube metro stations. They are in process with RTA to increase the frequency as and added advantage to their clients. Furthermore, to increase the connectivity to the project soon RTA might start also add a route of Mall of the Emirates. A further initiative they are now starting a dedicated shuttle bus service for DWC working population at peak hours. This will tremendously reduce the time of travel to and from the Metro and increase the frequency.
Conference Facilities: they have a state of the art conference facility in the basement floor of our Head Quarter building that can be booked at our standard rates.
By Dhruti Thakkar- Consultant, Corporate Service & Compliance at N R Doshi & Partners