Dubai unveils Mega 22m sq ft auto market with 1,500 showrooms to reposition global auto trade
Dubai has launched one of the largest automotive trading hubs.
The project was unveiled under the guidance of Sheikh Mohammed Bin Rashid Al Maktoum, the Deputy Ruler of Dubai Al Maktoum, said the Deputy Prime Minister of Dubai Al Maktoum, said the Deputy Prime Minister of Dubai Al Maktoum, said the Minister of Finance, witnessing the launch.
Developed by DP World, the new market is designed to be the world’s most advanced automotive hub to strengthen its role as a global leader in trade, low-cost D33 products.
Global Trade Vehicles
Sheikh Maktoum also presented the brand identity of the Dubai Auto Market, underscoring Dubai’s position as one of the world’s leading trading centers.
He said the new market is a “huge addition” that will enhance Dubai’s role as a fast-growing autotive Trade Hub, powered by DP World’s Logistics.
He explained that the center was conceived as an investment destination for investors and car enthusiasts, providing state-of-the-art showrooms, industrial warehouses, large event spaces and advanced asset classification that will attract new investment and support economic diversification under D33.
The market will include 1,500 exhibits, dedicated workshops, warehouses, multi-store parking, a convention center, a hotel, retail spaces, and expansive spaces.
At full capacity, it will handle more than 800,000 vehicles annually.
DP World: ‘A Full Commercial Milestone’
Sultan Ahmed Bin Sulayhem, Group Chairman and Chief Executive Officer of DP World, said the development represents a major milestone in a region that positions Dubai as a global trade leader. He pointed out that the new market will enhance DP’s global network in the world, motor vehicle technology and land-based RO-RO capabilities at Jebel Ali Port.
Abdullall Bin Damithan, CEO and managing director of DP World GCC, said the Dubai Auto Market will serve as a one-stop shop for all automotive needs. He also noted that the DP world works in partnership with stakeholders to design world-class infrastructure that meets the emerging needs of the sector and lays the foundation for future growth.
Trading in vehicles and services
The market will host special event spaces, exhibition spaces and integrated services supporting the trade of New and used electric, hybrid and traditional vehicles. It will connect exporting countries to key markets in Africa, the Middle East and Southeast Asia.
The development will also include state-of-the-art infrastructure with On-Site Customs checks, staff accommodation and recreational facilities, creating a perfect environment for traders, investors and industrial professionals.
With UAE Passenger Car SALES and re-exports projected to peak by 2030, the Dubai Auto Market will play a major role in the sector’s growth.
LeveRaging DP’s network of 77 ports and hubs transport vehicles – which handle 10 percent of the world’s leading vehicle sales – the expanded market aims to double its sales of AED6.8bn ($1.85NN).
Dubai is already leading the Gulf region as its largest automotive trading hub and largest automotive market. Jebhel Ali Free Zone (Jafza) is home to more than 940 companies of Vehicles and anchors, including:
- Salmon
- General Motors
- Honda
- Cleaning house
- Mitsubishi
- A sacred bird
- Volkswagen
- Volo
Strategic Partnerships
Dubai Municipality has signed a partnership agreement with CP World Economic Zones to establish and manage the Dubai Auto Market. The agreement strengthens the cooperation between the companies to develop Dubai’s global position in automotive innovation and trade.
The economic sector of the DP economy will oversee END-To-End End solutions, including e-commerce, trade finance and asset development, drawing on its expertise in managing integrated economic Hubs and Logistics around the world.
