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Free Zones in the UAE - PKF International

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Facility costs and type of license<br />

Facility Size Cost <strong>in</strong> AED per annum<br />

Office <strong>in</strong> commercial tower<br />

for purchase<br />

Flexible 1,200 - 1,800 per sq.ft<br />

Offices <strong>in</strong> Bus<strong>in</strong>ess Avenue 22 sq.m - 110 sq.m. 180 per sq.ft (approx)<br />

Registration Fee one time AED 5,010<br />

Type of License Cost <strong>in</strong> AED per annum<br />

Manufactur<strong>in</strong>g 8,000 to 25,000<br />

(depends on <strong>the</strong> units or area leased)<br />

Trad<strong>in</strong>g 15,010<br />

Service 15,010<br />

• These figures are <strong>in</strong>dicative and subject to change.<br />

JUMEIRAH LAKES TOWERS (JLT)<br />

Jumeirah Lakes Towers (JLT) is a dynamic waterfront community and is one of <strong>the</strong><br />

designated areas with<strong>in</strong> <strong>the</strong> Dubai Multi Commodities Centre (DMCC). The DMCC<br />

Authority (DMCCA) will be <strong>the</strong> licens<strong>in</strong>g authority for bus<strong>in</strong>esses operat<strong>in</strong>g <strong>in</strong> <strong>the</strong><br />

Jumeirah Lakes Towers. Bus<strong>in</strong>esses <strong>in</strong> JLT <strong>the</strong>refore, will benefit from a <strong>Free</strong> Zone<br />

status, mak<strong>in</strong>g JLT <strong>the</strong> first mixed-use <strong>Free</strong> Zone <strong>Free</strong>hold development <strong>in</strong> Dubai.<br />

JLT have attractive residential and office towers alongside hotels, leisure and<br />

retail outlets. Out of <strong>the</strong> 79 towers, 3 towers will be developed by <strong>the</strong> Dubai Multi<br />

Commodities Centre. These are <strong>the</strong> Almas, Au and Ag Towers. The landmark Almas<br />

Tower is <strong>the</strong> natural focal po<strong>in</strong>t of <strong>the</strong> development, situated on an island surrounded<br />

by water <strong>in</strong> <strong>the</strong> centre of <strong>the</strong> community. The tower shall house <strong>the</strong> Dubai Diamond<br />

Exchange and Dubai Multi Commodities Centre (DMCC) member bus<strong>in</strong>esses <strong>in</strong> <strong>the</strong><br />

gold, diamond, energy and commodities <strong>in</strong>dustries.<br />

JLT is situated adjacent to Sheikh Zayed Road, between Interchanges 5 and 6. A total<br />

of 79 towers stand tall <strong>in</strong> this prestigious project that will become one of Dubai’s most<br />

recognised addresses, where property <strong>in</strong>vestors have been given <strong>the</strong> opportunity to own<br />

and develop towers on a freehold basis.<br />

<strong>PKF</strong> - <strong>Free</strong> <strong>Zones</strong> <strong>in</strong> <strong>the</strong> <strong>UAE</strong> - <strong>Free</strong> <strong>Zones</strong> <strong>in</strong> Dubai 45

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