The region is set to open the Middle East’s first mega marketplace in a free zone that will cater to the retail and wholesale industries.
Spanning 200,000sq m in the Jebel Ali Free Zone (Jafaz), Yiwu Market will feature hundreds of warehouses and showrooms, providing businesses the opportunity to access goods at “wholesale discounts” with lower supply chain costs.
The AED600M investment is part of the Dubai Traders Market (DTM) project of DP World and China Commodity City. DTM is a retail and wholesale marketplace that will house 20,000 traders and tenants within Jafza.
The Yiwu Market will provide businesses access to two purpose-built sections. The first section will have 1,600 showrooms that will serve as a trading area or shopping mall. The second section will feature 324 bonded warehouses; each will be equipped with a loading dock to facilitate movement of goods.
According to, Ahmad Al Haddad, Chief Operating Officer, Parks and Zones at DP World, the opening of the Yiwu Market is expected to “catalyse trade” and facilitate the seamless movement of goods and cut supply chain costs for businesses.