has grown to become a thriving business community hosting
both global and regional media companies in line with the vision to establish
Dubai as a centre for communications and a media hub for the region.. The
business park offers an environment for media companies and individuals to
operate with collective synergy and freedom while enjoying free zone benefits
which include 100% business ownership and tax free income as well as value added
services such as networking opportunities, venue management services, industry
building programmes and government services.
DMC’s Media Business Centres have also contributed to promoting talent and
entrepreneurship in the region. These unique facilities are targeted at
freelancers and independent media professionals. Freelancers find the Centres an
ideal base for gaining visibility and building relationships with the media
industry.
The Entertainment & Media (E&M) market in
the MENA region has the highest growth compared to global markets. The MENA E&M
market is forecasted to grow in the next 5 years at a 16.5% compound annual
growth rate (CAGR). Surrounding markets such as Turkey and India also have high
E&M market growth rates. These three leading global markets will grow at a
higher rate then North American and European markets.
Age distribution in the Middle East, especially in the GCC countries is more
heavily skewed towards the youth segment. On average 60% of the population in
the GCC countries is below 35. With a young population and increase in broadband
penetration in the MENA region, digital migration will be at full force in the
coming years. Broadband household penetration levels in the MENA region will
increase from 18.5% in 2010 to 38.5% in 2014. Internet household penetration
levels in the MENA region will increase from 39.7%% in 2010 to 64.3% in 2014.
This will drive the regional trend for the digital media sector with new
developments for Arabic online content such as online advertising, social media
platforms and mobile applications etc.
Leading international and regional players have chosen Dubai as regional hub for
growing their business in the Middle East and North Africa (MENA) region. A
fundamental component of media ecosystem is to have the ability to secure key
players in the industry to connect with various businesses across the value
chain. Dubai Media City has more than 1,400 companies registered and operating
since its launch in 2001.
Dubai Media City is set in the heart of “New Dubai” with the Marina district to
the west, Palm Jumeirah to the North and Sheikh Zayed Road to the South. The
site is accessible via Al Sufouh road or Exit 32 from Sheikh Zayed Road.
The zone includes over 20 buildings offering premium commercial real estate
products in low rise, mid-rise and high rise categories.
- Commercial Offices
- Boutique Villas
- Business Centre
Dubai Technology & Media Free Zone Authority (DTMFZA) is responsible for the
establishment and registration of companies in DMC.