KEY FEATURES:

•  Name of the project: Gold & Diamond Park

•  Phase 1 - Area of Plot 167,885 square feet.

•  Legal Status: EMAAR Properties PJSC has a long-standing agreement with Jebel Ali Free Zone that extends all free zone facilities to the Gold & Diamond Park , specifically 100% foreign ownership. Jebel Ali Free Zone also assists in visa application and processing.

•  The Park: The Gold & Diamond Park consists of an enclosed air-conditioned ground floor retail facility housing 37 retail shops that are fully leased. It also contains a three storey manufacturing block (G+2), with 118 manufacturing units. The units range in size from 310 square feet to 1283 square feet.

All units have been leased and are now on a wait list basis.

FACT FILE:

•  The Gold & Diamond Park consists of one manufacturing block (G+2) and a Retail Center (G only).

•  Construction at the Gold & Diamond Park commenced on November 21st 1999 and was completed on July 31st 2000 .

•  The Gold & Diamond Park was opened officially on 29th of May 2001.

•  All 37 retail outlets and 118 manufacturing units are operational.

•  The Retail Center is a mixture of 37 retail units of approximately 323 square feet to 1,107 square feet each.

BENEFITS:

•  Strong support from His Highness General Sheikh Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai and UAE Minister of Defense, the Government of Dubai, the Department of Tourism and Commerce Marketing, the Gold and Jewellery Group, and the World Gold Council.

•  Assistance for tenants in all government related issues.

•  Full Free Zone facilities and benefits exactly as JAFZA.

•  Central air conditioning plant connections to each unit.

•  Central gas distribution system to each unit.

•  Healthy purpose built work environment with proper ventilation systems, exhaust facilities and provision of acid disposal waste collection.

•  24 hours, 7 days a week security personnel and video surveillance, fire alarms and fire defense systems.

•  Hallmarking will soon be provided by the Dubai Municipality 's regular pickup services for all gold manufactured and sold from the Gold & Diamond Park .

•  Excellent retail centre facilities and atmosphere, serving tourists and shoppers.

•  Shuttle transport between the Gold & Diamond Park and 5-star beach hotels.

SPECIAL FEATURES:

•  Some outlets are only found exclusively at the Gold & Diamond Park e.g. Prestige Gallery retailing Purple Gold jewellery.

•  Full support from the World Gold Council, the Dubai Gold and Jewellery Group and The Diamond Trading Company.

•  Luxury ambience.

•  Competitive prices.

•  Customers can buy custom-made Jewellery and enjoy watching it being made throughout the manufacturing process.

•  Excellent parking available.

SETTING UP

The Investing Company can be registered under the Free Zone Authority. The GDP in association with JAFZA offers attractive concessions and investment incentives to foreign investors including superb manufacturing and commercial facilities. The Free Zone initiative has helped the GDP play an important role in the development of Jewellery manufacturing and trading in Dubai .

•  100% foreign owned business, with no local sponsor or partner required.

•  The yearly license registration fee amounts to approximately Dhs. 5,850.00

•  No administration problems, but easy and efficient services

•  Easy registration procedures with assistance provided by our PRO.

•  Recruitment of staff made simple and all visas are granted through JAFZA