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How to Start a Other Retail Sale of New Goods in Specialized Stores Business with Meydan Free Zone
The UAE retail market reached USD 145.3 billion in 2024 and is projected to reach USD 227.1 billion by 2033, growing at a CAGR of 5.1%.[1] This growth is underpinned by high consumer spending, a large and diverse expatriate population, sustained tourism, and ongoing investment in world-class retail infrastructure across Dubai, Abu Dhabi, and the Northern Emirates. Dubai Mall, Mall of the Emirates, and a network of souks and specialist retail destinations make the UAE one of the most active retail environments anywhere in the world.
Activity 4773.00 is the parent license under which all specialised retail activities in this class sit — covering the full breadth of new goods sold through specialist retail formats that fall outside the mainstream food, clothing, and electronics categories.
Who is this for?
| Audience Segment | Profile |
|---|---|
| SPECIALIST RETAIL | Specialist Retail Store Operators Entrepreneurs and businesses establishing specialist retail stores selling new goods in a defined product category not covered by another specific activity code, using this parent license as the foundation for their retail trading activity. |
| MULTI-CATEGORY TRADING | Multi-Category New Goods Traders Trading companies whose product range spans several specialised categories covered under the 4773 class, using this parent activity to cover the breadth of their new goods retail operations. |
4773.00 - Other Retail Sale of New Goods in Specialized Stores
Activity 4773.00 covers the retail sale of new goods through specialised stores — the parent class for a wide range of specialist retail trading activities. This encompasses all retail sale of new goods in specialist stores that are not classified under other specific retail categories.
It is the foundation license for specialised retail trading in the UAE.
Activity 4773.00 covers the retail sale of new goods through specialised stores only. It does not cover the retail sale of food products in general or specialised food stores, the retail sale of clothing and footwear, or the retail sale of household appliances and electronics, which are classified under separate retail categories.
In short: if you are retailing new goods through a specialised store format, you are in. If you are selling food, clothing, or mainstream consumer electronics, you are not.
| Category | Scope |
|---|---|
| Photographic & optical equipmentCameras, lenses, binoculars, telescopes, and precision optical instruments sold through specialist retail stores. | Pet animals & pet food Live pet animals, pet food, and pet care products sold through specialist pet stores. |
| Watches, clocks & jewelleryTimepieces, jewellery, and precious items sold through specialist retail formats including boutiques and souk-based stores. | Souvenirs & craftwork Tourism souvenirs, handicrafts, and cultural articles sold through specialist stores and souk-based retail outlets. |
| Flowers, plants & seedsCut flowers, potted plants, seeds, fertilisers, and related horticultural products sold retail. | Stamps, coins & collectibles Postage stamps, coins, and other collectible items sold through specialist dealers. |
Third-Party Approval
This activity does not require third-party approval to obtain a business license from Meydan Free Zone.
Anti-Money Laundering Compliance
This business activity is not subject to AML compliance requirements.
References
- ¹ IMARC Group. (2025). UAE Retail Market Size, Share & Trends Forecast 2033. imarcgroup.com
