Dubai to get new waterfront shopping destination

Dubai to get new waterfront shopping destination

A new, waterfront shopping destination is all set to open in Dubai's Deira Islands. Nakheel Malls will open Souk Al Marfa in April 2021 in partnership with DP World.

Stretching 1.9km along the waterfront, Souk Al Marfa is in close proximity with Mina Rashid, Mina Al Hamriya and Deira Wharfage. It can ship and import directly to its 2,500 shops and pavilions.

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", the Government of Dubai Media Office said in a Press note.

"A centralised one-stop-shop at Deira, Dubai's oldest and most traditional trading hub, Souk Al Marfa provides affordable growth opportunities to traders by offering multiple benefits ... These include 100 per cent 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," the media office said.

Dubai is the world's third-largest re-exporting hub, serving countries including the GCC, Africa, Iraq and Yemen. "Souk Al Marfa brings