Dubai’s Yiwu Market set to open on June 28

  • Date: 26-Jun-2022
  • Source: Gulf News
  • Sector:Retail
  • Country:UAE
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Dubai’s Yiwu Market set to open on June 28

Dubai: Dubai’s new Yiwu Market is all set to open its doors on June 28. As the first smart free zone market in the Middle East, it will cater to the retail and wholesale industries. Yiwu Market is the first phase of the Dubai Traders Market in the Jebel Ali Free Zone (Jafza) that aims to revolutionise the trading experience for traders and consumers through its unique offerings. Spanning over an area of 200,000 sq.m, the market houses 1,600 mainland showrooms, out of which 99 per cent of them are already occupied. These showrooms are spread across two floors and are categorically divided into different sections, namely, electronics & appliances, furniture & lighting, beauty & accessories, tools & hardware (including auto spare parts), kitchen & bath, bedding, curtains, and clothing. The market comprises 324 warehouses spread across two floors. The warehouses are located right behind the showrooms, enabling the easy supply of products to the showrooms, thus eliminating the impact of low-stock-delays on outbound trade. Additionally, each warehouse has a dedicated loading dock, providing complete logistical support for the seamless movement of goods. Abdulla Bin Damithan, CEO & Managing Director, DP World UAE & Jafza, said: “As part of a