AVENEW Development, a Dubai real estate developer, has entered into a strategic joint venture (JV) with Kora Properties to deliver a landmark integrated commercial district in Dubai Motor City.
Backed by APPCORP Holding, the partnership brings together AVENEW’s design-led, people-first philosophy and Kora’s fully integrated development and execution platform.
The collaboration is structured to create long-term, high-quality urban assets that respond to evolving commercial and lifestyle needs in Dubai.
The masterplan features six Grade A office buildings, a hospital, and an integrated retail mall, forming a fully self-sustaining business ecosystem.
The district, located on a prime plot directly adjacent to the Dubai Autodrome, is designed to serve corporate tenants, healthcare providers, retailers, and the wider community within a single, cohesive environment.
Conceived as a modern, pedestrian-friendly district, the project will incorporate landscaped public spaces, open views, and green corridors that enhance connectivity and well-being.
The emphasis on walkability and integrated amenities reflects growing demand for commercial environments that prioritize employee experience, accessibility, and sustainability. The approach aligns with Dubai’s broader ambition to create cleaner, smarter, and more connected commercial communities.
Nilesh Ved Chairman APPCORP Holding, Kora Properties
“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.”
Rasha Hassan, Managing Partner of AVENEW Development, stated that, “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.”
