Online Auction Platform in GDP
Gold and Diamond Park — Dubai, UAE. From AED 36,500/yr.
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Setting Up Online Auction Platform in GDP
To operate a online auction platform business in Gold and Diamond Park, you need a Professional license. GDP is located in Dubai and specializes in jewelry, precious metals.
Key features: Sheikh Zayed Road location
Operating a online auction platform business from the UAE provides access to the wider MENA e-commerce market of 400+ million consumers. Available in 43 free zones. A professional license is required, typically suited for service-based and specialist activities.
About GDP: Gold and Diamond Park (GDP) is a specialized free zone on Sheikh Zayed Road dedicated to jewelry design, manufacturing, and precious metals trading. It houses jewelry workshops, diamond cutting facilities, and retail showrooms. GDP provides licenses specifically for the jewelry and precious metals industry.
Cost Packages at GDP
| Package | License Fee | Visas | Office | Total Year 1 |
|---|---|---|---|---|
| GDP Trading License | AED 12,000 | 2 (AED 3,500/pp) | Retail/Office AED 15,000 | AED 36,500 |
| GDP Manufacturing | AED 15,000 | 5 (AED 3,500/pp) | Workshop AED 30,000 | AED 65,000 |
Requirements
| License Type | Professional |
|---|---|
| Activity Category | E-Commerce |
| Free Zone | Gold and Diamond Park |
| Emirate | Dubai |
| Minimum Setup Cost | AED 36,500 |
| Official Website | www.goldanddiamondpark.com |