Dubai - Mubasher: Construction works on the Dubai CommerCitywill commence next year, Construction Week reported citing Dubai Airport Freezone Authority’s (DAFZA) spokesperson Abdulaziz Al Hammadi.
Dubai CommerCity is an AED 2.7-billion, 2.1-million square feet joint venture between DAFZA and wasl Asset Management Group, in the Umm Ramool area.
It is the first free zone dedicated to e-commerce in the Middle East and North Africa (MENA) region, and is strategically intended to promote Dubai’s position as a leading platform for international e-commerce and to support economic diversification and smart transformation strategies.
Piling and shoring work will start in the first six months of 2019. The project has seen its investment grow by 18% to $871m since its launch in 2017.
“We will be delivering this project in phases, so we are aiming to deliver Phase 1 of the project in Q3 2020. Phase 2 will follow the year after,” Al Hammadi told the magazine
