Nakheel Malls launches ‘Souk Al Marfa’ in partnership with DP World – MEP MiddleEast

Nakheel Malls launches ‘Souk Al Marfa’ in partnership with DP World – MEP MiddleEast

Nakheel Malls, the retail arm of master developer Nakheel, has launched Souk Al Marfa in partnership with DP World, the leading smart trade enabler and provider of global end-to-end supply chain logistics.

Strategically located at Deira Islands and stretching 1.9km along the waterfront, Souk Al Marfa is in close proximity with Mina Rashid, Mina Al Hamriya, and the Deira Wharfage, with the potential to ship and import directly to its 2,500 shops and pavilions.

Due to open in April 2021, the retail and trading hub will operate seven days a week and 365 days a year. UAE citizens, residents, and tourists are welcome to visit and enjoy a diverse, large-scale shopping destination.

A centralised one-stop-shop at Deira, Dubai's oldest and most traditional trading hub, Souk Al Marfa aims to provide affordable growth opportunities to traders by offering multiple benefits including 100% foreign ownership, repatriation of capital and profit, no restrictions on currency movement, logistical ease and ancillary amenities such as warehousing, office space, showrooms, ancillary retail and F&B facilities – all with minimal paperwork.

Dubai is already the world's third-largest re-exporting hub, serving countries including the GCC, Africa, Iraq, and Yemen. Souk Al Marfa brings a unique opportunity to unlock inbound investment and increase