The iconic cantilevered building along Dubai's Sheikh Zayed Road, One Za'abeel, has officially joined the Dubai World Trade Free Zone, as announced on Wednesday. This development enables all companies and organizations within the new landmark to avail the privileges offered by the free zone authority, in accordance with Decree No. 18 of 2024. These benefits include 100% foreign ownership, exemption from customs duties, dual-licensing opportunities, 0% Corporate Tax, simplified procedures for visas and permits, as well as a wide range of flexible office solutions.
Abdalla Al Banna, vice-president of Free Zone Regulatory Operations of Dubai World Trade Centre Authority, stated, "Expanding our jurisdiction to include One Za’abeel as part of the Free Zone reinforces our position as a hub for commerce and enterprise in the heart of Dubai’s Central Business District. This move directly benefits businesses and SMEs, vital to accelerating the goals of Dubai's Economic Agenda D33."
One Za’abeel's The Offices offers 26,000sqm of Grade-A office space and premium amenities and services, holding both LEED Gold and WiredScore Platinum certifications, indicating the highest standards of technology, connectivity, and sustainability for tenants. Spanning across 17 levels, The Offices provides access to a diverse ecosystem of retail, dining, hospitality, and more.
Issam Galadari, director of One Za’abeel Holdings, highlighted the significance of joining the Dubai World Trade Centre Authority’s Free Zone for the tenants of One Za’abeel The Offices and its upcoming retail Podium. This move offers continued opportunities for growth and establishment within the thriving business community.
One Za’abeel’s retail Podium, featuring an array of international and local brands, is scheduled to open later this year.
