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How to Start a Construction Equipment & Machinery Trading Business with Meydan Free Zone
The UAE construction equipment market is projected to reach 30,190 units by 2030 at a CAGR of 5.78%, up from 20,400 units in 2023.[1] By value, the market generated USD 209.2 million in 2024 and is expected to reach USD 258.2 million by 2030.[2] Abu Dhabi approved 144 infrastructure projects worth USD 18 billion in March 2024, Dubai's Q1 2025 residential transactions surged 23.1% year-on-year, and over 11,300 new hotel rooms are opening across Dubai by 2027 — this pipeline keeps excavators, cranes, forklifts, and road construction equipment in constant demand. The GCC construction machinery market reached USD 4.84 billion in 2024 and is growing at a CAGR of 6.04%.[3] Activity 4773.63 is the full equipment trading license — covering complete machines, not just spare parts.
Who is this for?
4773.63 - Construction Equipment & Machinery Trading
Activity 4773.63 covers the trading of complete construction equipment and machinery. This encompasses earthmoving equipment, road construction equipment, material handling machinery, cranes, concrete equipment, and all categories of construction plant and machinery traded to construction contractors, mining operators, and industrial users.
Activity 4773.63 covers complete construction equipment and machinery. Spare parts for construction equipment are covered under activity 4773.55.
General heavy equipment spare parts fall under 4773.37.
In short: if you are trading complete construction equipment and machinery, you are in. Spare parts have separate activity codes.
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 Arizton. (2025). UAE Construction Equipment Market Sale to Reach 30.19K Units by 2030. arizton.com
- ² PS Market Research. (2025). UAE Construction Equipment Market Size & Growth Report. psmarketresearch.com
- ³ Mordor Intelligence. (2025). GCC Construction Machinery Market. mordorintelligence.com










