Ras Al Khor Auto Market is located in Ras Al Khor Industrial Park, Dubai, with a superior geographical location and convenient transportation. The market is only about 20 minutes' drive from Academic City, International City and Dubai Silicon Oasis, making it an important automobile trading and maintenance center in the surrounding areas. Ras Al Khor Auto Market is mainly divided into two parts: the used car market and the automobile maintenance market. The used car market has hundreds of car showrooms, all of which have been licensed by the Dubai Municipality, ensuring the safety of people buying cars. The maintenance market provides one-stop services, including car repairs and maintenance. In addition, the market also deals in heavy trucks and industrial vehicle tires and accessories, and its main customer group is industrial users.
Established in 2000, formerly known as Dubai Cars & Automotive Zone (DUCAMZ).
Location: Located in Dubai's Ras Al Khor area, close to Jebel Ali Port and Dubai International Airport, with convenient transportation and excellent logistics and transportation conditions.
the governing body is managed by the Jebel Ali Free Zone Authority (JAFZA) and is part of DP World UAE, a global-scale logistics and port operator.
Free Zone: It aims to attract foreign direct investment in the automobile industry and provides an investment environment with tax incentives and convenient policies for international automobile enterprises. Enterprises can enjoy 100 per cent foreign ownership and other policies.
the Specialized Economic Zone is primarily geared towards the Gulf Cooperation Council (GCC) market, providing dedicated areas and services to meet the specific automotive market needs and business development in the region.
Retail area: serving the local market, providing one-stop services such as car sales, after-sales service, and parts purchase for local consumers in Dubai.
Infrastructure: The area has a modern road network, storage facilities, office space, exhibition hall, etc., which can meet the needs of various automobile-related enterprises. For example, warehouses with different sizes and layouts are available, with 3,000 square feet, 6,000 square feet or even 11,500 square feet of warehouse and plot combinations.
Government services: There are branches of Dubai Customs, Dubai Port Authority and other government agencies to provide enterprises with convenient one-stop services, including license processing, customs clearance, vehicle testing and certification, etc.
Supporting services: It also provides a series of supporting services such as insurance, banking, logistics, automobile maintenance, catering, etc. to meet the daily needs of enterprises and employees.
Automobile trade is a distribution center for many international well-known automobile brands, covering the import, export and sales of all kinds of passenger cars, commercial vehicles, second-hand cars, etc. It not only has close trade relations with markets in Asia, Africa and other regions, but also an important hub for supplying automobiles to the markets of GCC countries.
Automotive services: provide a full range of automotive after-sales services, such as repair, maintenance, parts supply, etc. At the same time, it also includes automobile finance, insurance, logistics and transportation and other related service industries, forming a relatively complete automobile industry chain.
Automobile manufacturing and modification: some enterprises carry out automobile manufacturing, assembly and automobile modification business in the region to meet the individual needs of different customers.
Enterprises: More than 400 international companies operate here, such as Boeing International, UAE Post, Aramex, etc.
Advantages: 100 per cent foreign ownership, 100 per cent of capital and profits repatriated; no personal income tax; world-class infrastructure and efficient communication systems; unlimited currency; no import and export tariffs; competitive freight costs; no quantitative restrictions on car imports; access to quality support services from Dubai Port Authority; free transfer of ownership in the region.
Determine the company type and business activities: select the appropriate company type according to your needs, such as free zone company (FZE), free zone company (FC ZO) or branch, and determine the specific scope of business activities.
Preparation of registration materials: Application form, business plan, company name registration certificate, articles of association, passport copy, proof of criminal record and other documents are usually required. The specific requirements may vary depending on the type of company and business activities.
Submit the application and review: Submit the prepared registration materials to the Jebel Ali Free Zone Administration for review. The review time is generally about 5 to 6 weeks.
Sign a lease agreement and obtain a license: After approval, the company needs to sign a lease agreement for office space, warehouse or exhibition hall, and pay the corresponding fees to the Free Zone Administration, and then obtain a business license.
Real estate investment in the UAE comes with the following risks and coping strategies:
Market Volatility Risk: The UAE real estate market is influenced by global economic conditions, oil price fluctuations, and geopolitical factors. For example, the 2014 oil price drop led to a temporary downturn in the UAE property market.
Project Delay or Abandonment Risk: Many investors opt for off-plan properties, but developers may face funding or construction issues, leading to delayed delivery or even project abandonment.
Legal and Policy Risk: While current policies are foreign-investor-friendly, future adjustments—such as changes to foreign ownership restrictions—could impact the market and investors.
Market Competition Risk: Popular investment areas and projects face intense competition, potentially resulting in overpricing or difficulty securing high-quality projects.
Funding Risk: Property investments require substantial capital. Funding chain disruptions—such as inability to pay installments or cover maintenance costs—may lead to investment failure.
In-Depth Market Research: Monitor global economic trends, UAE macroeconomic data, oil prices, and local property supply-demand dynamics. Regularly review authoritative economic and real estate reports to understand market trends.
Choose Reputable Developers: Evaluate developers' background, credibility, financial strength, and past project performance. Prioritize large, well-known developers with strong track records, such as Emaar.
Stay Updated on Policies: Maintain close contact with local lawyers and real estate professionals to track regulatory changes and ensure compliance. Always have contracts reviewed by legal experts before signing.
Assess Competition: Before investing, evaluate competition levels in target areas and projects. Set realistic budgets and strategies, avoiding impulsive decisions based on hype.
Plan Finances Wisely: Create detailed financial plans to cover down payments, loan interest, and maintenance costs. Manage leverage prudently to avoid excessive debt.
Alibaba Bank typically charges corporate accounts various fees, including:
Account opening fee (one-time charge)
Monthly management fee (fixed monthly fee)
Transaction fee (per transfer or transaction fee)
Minimum balance fee (if the account balance falls below the required threshold)
Fee standards vary significantly between different banks. Businesses should carefully compare options when choosing a bank to select the most cost-effective solution.
When registering a company in the UAE, you can choose between a Ministry of Economy or a Free Zone Company, depending on whether you have a physical office, business scope, and customer base. If the company will operate locally and sell products to locals, it is recommended to set up a Ministry of Economy Company; if you do re-export business or open a local bank account, it is recommended to set up a Free Zone Company.
Zhuoxin Consulting relies on its Chinese service network and Dubai executive team to provide professional one-stop business services without communication barriers for Chinese companies to enter the Middle East market. Its business covers company establishment and maintenance, accounting and taxation, bank account opening, PRO services and business services.
Zhuoxin Consulting has high-quality business resources and maintains close cooperation with many free zones, bankers and tax departments in the UAE to escort your expansion in the Middle East market.