Benifits and Fecilities available in Dubai Textile City (DTC)- TEXMAS
Joint Venture between TEXMAS and Port, Customs & Free Zone Corporation (PCFC)
Location:
The land, measuring around 6 million sq.ft areas, is located on the Awir road, approximately 23 kms from the heart of the city and is just 10 minutes drive from Dubai International Airport.
Purpose:
DTC is an entity located in Al Awir Free Zone, facilitating storage of textile fabrics for long periods without attracting customs duty, which is 5% currently. It is meant to help traders who are mainly in re-export business. (It is estimated that 85% of the goods imported to Dubai are re-exported, at one time or other)
Other benefits of being in DTC are briefed below:
- Facility to sub lease the property
- Long lease period 15 +15 years (30 years initially, renewable thereafter)
- Rent-free period first 15 years, only ground leases payable @ DH 0.90 (90 fils) per sq.ft per year. From 16th to 20th year @ Dhs 3.50 & 21st – 30th year, rent as per market price less 50% with a minimum of Dhs 8.5 per sq.ft.
- Better costing due to the absence of intermediaries
- Better business turn over due to new markets being introduced as a result of global publicity.
- Lower administrative cost. As much as 35% savings on the cost when compared to the present working system
- International media publicity
UNIT SIZES
Type A (3000 sq.ft) – 18 Units
Area in sq.ft
Ground Showroom 363
Mez. Office 363
Ground Warehouse 2344
Total 3070
Type B (5000 sq.ft) - 158 Units
Area in sq.ft
Ground Showroom 617
Mez. Office 617
Ground Warehouse 4547
Total 5781
Type C (10000 sq.ft) – 108 Units
Area in sq.ft
Ground Showroom 1223
Mez. Office 1223
Ground Warehouse 9135
Total 11581
Area Covered:
Total Warehouse + Office/Showroom space-over two million sq.ft
Conditions:
Exclusively for Texmas members
Note:
- To be a Texmas member one has to have valid trade licence in Dubai
- The trader should be a wholesale dealer in Textile goods
- All units sold out
(Publication of Dubai Textile City)