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How to Start a Retail Sale of Fish, Other Seafood and Products Thereof Business with Meydan Free Zone
Walk through Deira Fish Market in the early hours and the UAE seafood retail layer is on full display: hammour, sheri, kingfish, prawns, lobster, mussels, crabs, and squid arriving from local trawlers and international suppliers, with retailers preparing the day's stock for restaurants, hotels, and walk-in household customers. The UAE's 1,318-kilometre coastline along the Arabian Gulf and Gulf of Oman has shaped a deep retail seafood culture, supported by international imports, local aquaculture, and a multicultural consumer base.
According to Mordor Intelligence1, the UAE seafood market reached approximately USD 1.38 billion in 2025, with the UAE capturing 25.37% of total Middle East seafood market revenue, the largest single-country share. A retailer in this activity is the firm that operates specialised fish, seafood, and seafood product retail outlets serving UAE consumers, restaurants, and hospitality clients.
For a fish and seafood retailer setting up in this activity, three dynamics define the UAE opportunity. First, the UAE is the regional market leader: Mordor Intelligence1 cites the UAE seafood market at USD 1.38 billion in 2025 capturing 25.37% of Middle East seafood market revenue, the largest single-country share, supported by the country's 1,318-kilometre coastline, established trade hub status, and 70% re-export rate of imported seafood.
Second, retail spending is structural: Statista2 values UAE Fish & Seafood at USD 2.51 billion in 2024 with 5.56% CAGR through 2029, driven by health consciousness, multicultural demand, and the country's diverse culinary traditions. Third, format diversity defines the segment: traditional fish markets (Deira, Waterfront Market) operate alongside modern retail seafood counters, while specialty seafood stores serve premium and ethnic-focused demand.
Fish leads with 64.02% MEA share, while shrimp is the fastest-growing seafood type. UAE Asmak and other operators use diversified sourcing strategies.
Operators typically combine sourcing relationships (local fishermen, international wholesalers, aquaculture suppliers), cold-chain infrastructure, fishmonger-counter expertise, customer-facing fish preparation services, and increasingly digital integration with home delivery and quick-commerce.
Whether you are operating a traditional fishmonger in a UAE commercial market, running a premium seafood specialty store with international and local sourcing, or managing a multi-format seafood retail combining fresh, frozen, and processed offerings, this activity covers the fish and seafood retail layer serving UAE coastal cuisine and multicultural consumer demand.
Meydan Free Zone offers 100% foreign ownership, zero corporate tax on qualifying income, and a fully digital licensing process, positioning fish and seafood retailers at the centre of a market where UAE coastal heritage, multicultural consumer demand, premium hospitality and restaurant catchments, and growing health-conscious protein consumption are generating sustained retail activity across fresh, frozen, and processed seafood categories.
4721.04: Retail Sale of Fish, Other Seafood and Products Thereof
Under this activity, you are licensed to operate retail sale of fish, other seafood, and seafood products in specialised stores (say, operating a traditional fishmonger in a UAE commercial market, running a premium seafood specialty with international sourcing, or managing a multi-format seafood retail combining fresh, frozen, and processed offerings).
However, this activity has defined boundaries. It excludes manufacturing of bakery products (i.e., baking on premises), which is classified under manufacture of bakery products.
It also excludes retail sale of food in non-specialised stores where multiple product lines are sold under one roof (which falls under retail sale in non-specialised stores), and wholesale trading to other businesses.
To be clear: if you operate a specialised retail focused on fish, seafood, or seafood products, you are in.
Who is this for?
Activity Details
Third-Party Approval
No third-party approval is required for this business activity.
Anti-Money Laundering Compliance
This business activity is exempt from AML compliance requirements.
References
- ¹ Mordor Intelligence. (2026). United Arab Emirates Seafood Market Size & Share Analysis. mordorintelligence.com
- ² Statista. Fish & Seafood - UAE | Statista Market Forecast. statista.com
