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The development will sit next to the Dubai Autodrome and include offices, a hospital, and a retail mall
AVENEW Development has entered into a joint venture with Kora Properties to build a new commercial district in Motor City, Dubai. The project marks a significant addition to AVENEW’s commercial portfolio and brings together two development partners with distinct but complementary strengths.
AVENEW brings a design-led approach to the partnership, while Kora Properties contributes a fully integrated development platform backed by APPCORP Holding, a established regional conglomerate. Together, the two companies aim to deliver a large-scale, long-term urban development in one of Dubai’s established communities.
The joint venture’s first project occupies a development plot in Motor City, directly next to the Dubai Autodrome. The masterplan includes six Grade A office buildings, a hospital, and a retail mall, all within a single, self-contained district.
The development is planned as a walkable urban environment with landscaped public spaces and open views. The design aims to support everyday working life while meeting Dubai’s wider goals around connected and sustainable commercial communities.
Commenting on the partnership, Rasha Hassan, Managing Partner of AVENEW Development, said: “We don’t just build structures, we shape experiences. This partnership represents an important step in AVENEW’s growth, allowing us to expand our presence in the commercial sector while staying true to our core philosophy of intentional development. By working with Kora, we are combining design intelligence with operational strength to create a destination that supports how people work, connect, and operate.”
Mr Nilesh Ved, Chairman of APPCORP Holding and Kora Properties and Owner of Apparel Group, said: “Our partnership with AVENEW reflects a shared vision to create destinations that deliver lasting value. By combining our expertise across development, design, and execution, we are committed to building high-quality assets that serve businesses, strengthen communities, and stand the test of time. The Motor City development reflects our commitment to building commercially resilient destinations that align with Dubai’s long-term growth ambitions.”
The Motor City district will bring together office, healthcare, retail, and leisure uses within a single development. Green spaces and a considered public realm will connect the different components and give the district a coherent identity.
Both partners see the joint venture as a long-term commitment to Dubai’s urban growth. The project is intended to set a clear standard for design-led commercial development in the city.
