Dubai Airport Freezone Authority (DAFZA): Established in 1996, DAFZA is a dynamic business hub located at the heart of global trade, adjacent to Dubai International Airport. It hosts over 3,000 registered businesses from more than 20 sectors, employing over 20,000 professionals. DAFZA offers a business-focused regulatory and tax-free environment, providing total ownership, full repatriation of earnings, and world-class facilities.
Wasl Asset Management Group: Founded on May 25, 2008, by the Dubai Real Estate Corporation (DREC), Wasl is a semi-government entity overseeing the development and management of a diverse real estate portfolio. It was created following the merger of two public sector organizations: Dubai Development Board and Real Estate Department. Wasl's operations span various sectors, including residential and commercial properties, hospitality, and leisure projects, contributing significantly to Dubai's urban development and real estate landscape.
The strategic partnership between DAFZA and Wasl in developing Dubai CommerCity reflects a shared vision to position Dubai as a leading global e-commerce hub. By leveraging DAFZA's free zone expertise and Wasl's real estate proficiency, Dubai CommerCity provides an innovative ecosystem tailored to the needs of digital commerce businesses, facilitating seamless operations, scalability, and expansion across the MEASA region.