Free Zone Comparison

DKP vs SRTIP: Which Free Zone Is Right for Your Business?

Choosing between Dubai Knowledge Park (DKP) and Sharjah Research, Tech, Innovation Park (SRTIP) comes down to cost, setup speed, banking, and business fit. Here’s an honest comparison.

Dubai vs SharjahAED 13,180 vs AED 11,2333 Working Days vs 4 Working Days

The Bottom Line

SRTIP costs AED 1,947 less (15% savings) in your first year compared to DKP. That’s AED 11,233 vs AED 13,180 all-in with one visa.

If speed matters more than cost, DKP gets you operational in 3 Working Days1 working days faster than SRTIP.

AED 13,180YEAR 1DKP
vs
AED 11,233YEAR 1SRTIP

Dubai · Est. 2003

Dubai Knowledge Park (DKP)

DKP is perfect for training companies, online course providers, and corporate training centers. Choose DKP if you deliver training programs, operate a tutoring center, or develop e-learning content.

License

AED 9,500

Visa

AED 2,750

Setup

3 Working Days

Banking

Medium

The Pros of DKP

Fast 3-day approval — one of the fastest in Dubai

Affordable license at AED 9,500

Virtual address option with no additional office cost

Up to 30 shareholders for group training centers

Integrated classroom, lab, and training facilities available

Ministry of Education pre-approval support for academic programs

The Cons

Medium bank approval (65%) — education sector requires compliance review

Activities limited to training, education, and e-learning

Smaller business ecosystem versus tech hubs (DSO/DIC)

International curricula require separate MOE approvals

Physical classrooms needed for larger training programs


Sharjah · Est. 2016

Sharjah Research, Tech, Innovation Park (SRTIP)

SRTIP is perfect for tech startups, software development teams, and education providers with serious innovation credentials. If your business involves R&D, renewable energy, or advanced technology, SRTIP offers grants and resources unavailable elsewhere.

License

AED 8,110

Visa

AED 2,233

Setup

4 Working Days

Banking

Medium

The Pros of SRTIP

Unlimited shareholders — ideal for VC-backed startups

Dedicated support for R&D and innovation projects

Renewable energy sector grants and incentives available

4-day approval aligned with tech hub standards

Access to research facilities and incubator networks

Competitive fees for tech-heavy businesses

The Cons

Medium bank approval rate — requires strong tech proof of concept

Limited to innovation, tech, and education activities

Sharjah location less convenient than Dubai for international talent recruitment

Smaller corporate ecosystem than DSO or DIC

Office space rental not always included in package


Full Cost Comparison

All figures in AED with 1 visa included. The lower value is highlighted in green.

DKPSRTIPLicenseAED 9,500AED 8,110VisaAED 2,750AED 2,233OfficeFreeFreeHiddenAED 930AED 890

Cost Item

DKP

SRTIP

Business License

AED 9,500

AED 8,110

Office / Desk

Included

Included

Visa (1 person)

AED 2,750

AED 2,233

Medical Exam

AED 320

AED 320

Emirates ID

AED 370

AED 370

Establishment Card

AED 240

AED 200

Total Year 1

AED 13,180

AED 11,233

Annual Renewal (Yr 2+)

AED 8,550

AED 7,200


Banking & Compliance

Getting a bank account open is often harder than getting the license itself. Here’s what to expect at each zone.

DKP

DKP has medium approval (65–70%). Processing takes 2–3 weeks. Training and e-learning companies need clear curriculum documentation. Bring course outlines, student testimonials, or training delivery contracts. Islamic banks and education-focused lenders are more receptive.

License approval takes 3 working days — very fast. For academic programs, Ministry of Education approval required separately — adds 2–4 weeks. Curriculum review applies to formal education (K–12 equivalents). Training and skill-building courses approved faster.

SRTIP

Banks generally approve SRTIP accounts for software and tech companies with documented proof of concept or paying customers. Processing typically takes 3–4 weeks. Bring demo videos, customer testimonials, or revenue proof. Mashreq and RAKBANK show strong appetite for SRTIP tech founders.

Setup takes 4 working days. Innovation and research-focused activities get priority. Businesses must clearly demonstrate their tech innovation angle. If your activity is too general (e.g., "general IT services"), you may be redirected to another zone. Documentation should include detailed business and technical specifications.


Which One Should You Pick?

Choose DKP If…

  • Your business matches: Consultancy, Education, E-Learning, Training & Development
  • You need to get operational as quickly as possible (3 Working Days)
  • You work remotely and don’t need a physical office

Choose SRTIP If…

  • Your business matches: Education, Healthcare, IT Consultancy, Software Development
  • Budget is your primary concern (AED 1,947 cheaper)
  • You work remotely and don’t need a physical office
  • You have multiple shareholders or investors

Our Analysis

If speed is your priority, Dubai Knowledge Park (DKP) gets you operational in 3 days versus Sharjah Research, Tech, Innovation Park (SRTIP)'s 4-day timeline. But that faster setup comes with cost implications—Sharjah Research, Tech, Innovation Park (SRTIP) saves you AED 1,947 (15% less) in your first year. Both carry medium banking approval ratings, so account opening difficulty is comparable. Dubai Knowledge Park (DKP) shines for dkp is perfect for training companies, online course providers, and corporate training centers. choose dkp if you deliver training programs, operate a tutoring center, or develop e-learning content., while Sharjah Research, Tech, Innovation Park (SRTIP) targets srtip is perfect for tech startups, software development teams, and education providers with serious innovation credentials. if your business involves r&d, renewable energy, or advanced technology, srtip offers grants and resources unavailable elsewhere.. The cost gap is modest enough that your specific business needs should guide the decision. Dubai Knowledge Park (DKP) offers better banking relationships despite higher upfront costs; Sharjah Research, Tech, Innovation Park (SRTIP) prioritizes affordability without sacrificing core services.


Frequently Asked Questions