🏢 Avenew Development × Kora Properties — Motor City, Dubai

O1NE District
Motor City Dubai

Dubai's first purpose-built commercial district in Motor City — 6 Grade A office towers, a hospital, and an integrated retail mall on a prime plot adjacent to the Dubai Autodrome. Freehold. All nationalities.

Grade A Offices Freehold AED 2,500 psf 50/50 Plan Q1 2030 Handover Authorised Partner

Key Facts — Dawn Tower

DeveloperAvenew × Kora Properties
LocationMotor City, DubaiLand
Building21-storey Grade A commercial
TypeOffices + Retail, Freehold
Starting priceAED 1.5M+
Price per sqftAED 2,500
Payment plan50/50 — interest-free
HandoverQ1 2030
OwnershipAll nationalities eligible
0.3%Prime office vacancy in Dubai, late 2025Source: JLL
95%Grade A office occupancy across DubaiSource: Chestertons
+26%Average office sales price growth, 2025 YoYSource: Market data
7–9%Expected gross rental yield, O1NE DistrictBased on comparable sub-market

Market Context

Dubai Has Almost No Premium Office Space Left

Every major forecaster agrees: Grade A office supply will remain critically short through 2027–28. O1NE District enters at exactly the right moment.

🏢

Supply crisis — not a cycle

Dubai has absorbed office supply faster than it can be built. At 0.3% vacancy for prime offices, there is effectively nothing available for large occupiers. The shortage is structural, not temporary — it has been building since 2022.

AED 1,951 Average office sales price per sqft in 2025 — up 26% year-on-year
📍

Motor City — entering before the premium

Motor City is identified by Arabian Business as one of Dubai's emerging commercial clusters, alongside Meydan Horizon and JVC. Offices here start at ~AED 1,500–2,500 psf versus AED 3,900–6,500 in core CBD locations. Buying now means buying before the cluster establishes full market pricing.

AED 2,500 O1NE District psf vs AED 3,900–6,500 in DIFC / Business Bay
🏗️

Institutional backing you can verify

This is not a speculative startup project. Kora Properties is backed by APPCORP Holding — the conglomerate behind Apparel Group, which operates 2,500+ stores across 14 countries including Tommy Hilfiger, Calvin Klein, and Skechers. Avenew is delivering The St. Regis and Waldorf Astoria on Dubai Islands. The JV brings verifiable institutional depth.

2,500+ APPCORP / Apparel Group stores globally across 14 countries

The Masterplan

A Self-Sustaining Commercial District — Not a Single Building

O1NE District is conceived as a full urban commercial ecosystem. Six buildings. One integrated destination.

6

Grade A Office Towers

Purpose-built, high-specification office buildings designed for MNCs, tech firms, and professional services — with advanced digital infrastructure throughout.

🏥

Integrated Hospital

A full healthcare facility within the district — making O1NE one of very few commercial developments in Dubai where healthcare is built into the masterplan rather than an afterthought.

🛍️

Retail Mall

An integrated retail destination serving both district occupiers and the wider Motor City residential catchment — Arabian Ranches, Dubai Sports City, Dubai Studio City all within minutes.

🌿

Pedestrian-First Public Realm

Landscaped public spaces, open views, and a walkable layout designed for wellbeing and community — not just density.

🍽️

F&B and Dining

Rooftop dining, an integrated F&B district, a private restaurant and everyday cafés — creating a genuine live-work-dine environment rather than an isolated office park.

💪

Wellness and Fitness

Gym and fitness facilities, wellness spaces, and outdoor co-working areas — designed for the modern occupier who expects lifestyle amenities alongside workspace.

O1NE District Dawn — Tower Amenities

Built for Modern Business

🏛️

Grand Super Lobby

🌿

Sky Gardens

🌱

Podium Gardens

🍽️

Rooftop Dining

💻

Outdoor Co-Working

🛒

Integrated Retail Podium

🍸

Private Restaurant

💪

Fitness & Wellness

🔌

Smart Infrastructure

🛗

High-Speed Elevators

🅿️

Ample Parking

📡

Advanced Digital Network

Payment Structure

Simple, Interest-Free 50/50 Plan

No bank required. Spread across construction and handover in two equal stages.

50 : 50
Interest-Free · Developer-Financed · No Bank Required
50%During construction
(booking + milestones)
Q1 2030
Target Handover
50%On handover
(keys in hand)

Example — AED 1.5M unit: AED 750,000 during construction + AED 750,000 at handover Q1 2030

Illustrative only. Exact instalment milestones confirmed at time of official booking. Contact IA Wealth team for full payment schedule.

Location

Motor City — Where Dubai's Workforce Already Lives

Between E311 and Al Khail Road. The people your business needs to attract are already on the doorstep.

A strategic position, not a compromise

O1NE District is positioned directly adjacent to the Dubai Autodrome in Motor City, with fast access via Sheikh Mohammed Bin Zayed Road (E311) and Al Khail Road (E44) — two of Dubai's main arterial routes — without the congestion and cost premium of CBD locations.

The surrounding residential catchment — Arabian Ranches, Dubai Studio City, Dubai Sports City, Jumeirah Golf Estates — houses a substantial, qualified workforce. For a commercial district, proximity to where talent lives is often more important than proximity to where traffic concentrates.

Education is already established: Nord Anglia International School (Outstanding rating) and JESS Arabian Ranches are both within 1.1km — a signal of the area's family and professional demographic.

Adjacent
Dubai Autodrome
Walking distance
E311
Sh. MBZ Road
Direct access
E44
Al Khail Road
Direct access
5 min
Dubai Sports City
By road
7 min
Arabian Ranches
By road
10 min
Dubai Studio City
By road
15 min
Mall of Emirates
Nearest Metro (Red Line)
25 min
Downtown Dubai
By road / E311

The Joint Venture

Two Developers. One Mission.

Avenew Development

Dubai-born developer founded in 2024 by Rasha Hassan. Design-led, people-first philosophy — described as "intentional development." Despite its youth, Avenew has secured landmark partnerships with Marriott International (St. Regis Residences and Waldorf Astoria on Dubai Islands) and is delivering residential communities in Dubai South. O1NE District is the company's commercial expansion — and its most ambitious project to date.

St. Regis · Waldorf Astoria · Dubai Islands

Kora Properties — Backed by APPCORP

Kora Properties is the real estate arm of APPCORP Holding, a global conglomerate chaired by Nilesh Ved operating across 14 countries and 4 continents. APPCORP's flagship subsidiary, Apparel Group, runs 2,500+ stores and 85+ international brands — Tommy Hilfiger, Calvin Klein, Skechers, Tim Hortons among them. This is institutional capital, retail expertise, and operational scale behind a property development — not a standalone developer.

Apparel Group · Tommy Hilfiger · Calvin Klein · 14 Countries

Why Investors Are Paying Attention

The Investment Case for O1NE District

📉

Enter Before the Premium

AED 2,500 psf against AED 3,900–6,500 in DIFC and Business Bay. Emerging clusters in Dubai historically close this gap as they establish — Motor City is at the start of that cycle.

🏢

Scarcity-Driven Demand

0.3% vacancy. 95% Grade A occupancy. Rents up 19% in a year. The supply-demand imbalance for premium offices in Dubai is structural — not a temporary spike — and persists through 2027–28 per every major forecaster.

💰

Rental Yield Potential

Expected gross yields of 7–9% based on comparable Motor City commercial sub-market performance. Premium office assets in emerging Dubai clusters have consistently outperformed residential yield benchmarks.

🌍

Freehold for All Nationalities

Full freehold ownership. NRIs, Indian nationals, and any other foreign buyer can purchase with the same rights as a UAE national — sell, rent, or hold with no restrictions.

🏗️

District Effect

Buying into the first tower of a six-building masterplan creates exposure to the entire district's appreciation as subsequent buildings complete, tenants move in, and footfall and amenity value grow over time.

⚖️

Simple 50/50 Structure

No complex milestone tracking, no bank approval needed, no interest. 50% during construction, 50% on handover Q1 2030. Straightforward capital commitment with a clear end date.

🏢 Authorised Channel Partner — IA Wealth Dubai

Request Pricing & Available Units

Exact unit sizes, floor plans, and availability are shared on request. WhatsApp our Dubai team for a personalised response within 2 hours.

Starting investment

AED 1,500,000+ AED 2,500 per sqft · 50/50 interest-free · Q1 2030 handover · Full pricing on request
WhatsApp for Pricing & Units →

IA Wealth Real Estate LLC · Authorised Channel Partner · himanshu@investadvise.in · +971 56 909 3693

Questions Answered

O1NE District — FAQ

O1NE District is a new integrated commercial district in Motor City, DubaiLand, developed through a joint venture between Avenew Development and Kora Properties (backed by APPCORP Holding — the conglomerate behind Apparel Group). The masterplan comprises six Grade A office buildings, a hospital, and an integrated retail mall on a prime plot directly adjacent to the Dubai Autodrome. O1NE District Dawn is the first tower being launched — a 21-storey Grade A commercial building offering freehold offices and retail spaces.

Units at O1NE District Dawn start from AED 1,500,000, at a price of AED 2,500 per square foot. This compares to AED 3,900–6,500 per sqft in core Dubai office locations such as DIFC and Business Bay, making Motor City a significantly lower entry point into the Grade A office market. Full pricing, unit sizes, and availability are shared on request through IA Wealth Dubai.

O1NE District Dawn offers a 50/50 payment plan — 50% paid during construction across booking and construction milestones, and the remaining 50% due at handover. The plan is interest-free and developer-financed, requiring no bank loan. Target handover is Q1 2030. On an AED 1.5M unit, this means AED 750,000 during construction and AED 750,000 at handover. Exact instalment schedule is confirmed at the time of official booking.

Yes. O1NE District Dawn is a freehold development, meaning all nationalities — including NRIs, Indian passport holders, and any other foreign national — can purchase with full ownership rights. No UAE residency or visa is required to buy. You can hold, sell, or rent the unit freely under Dubai's freehold property framework.

Motor City is identified by Arabian Business as one of Dubai's emerging commercial clusters — alongside Meydan Horizon, JVC, and JVT — where investors can enter before values align with established districts. The area benefits from direct access to both Sheikh Mohammed Bin Zayed Road (E311) and Al Khail Road (E44), a substantial surrounding residential workforce across Arabian Ranches, Dubai Sports City, and Dubai Studio City, and the growing scarcity of affordable Grade A office space closer to the CBD. O1NE District is the first purpose-built commercial development in Motor City at this scale.

Kora Properties is the real estate arm of APPCORP Holding, chaired by Nilesh Ved — the conglomerate behind Apparel Group, which operates 2,500+ stores across 14 countries. This is institutional capital from a global operating business, not a standalone developer. Avenew Development, co-founded by Rasha Hassan, has secured agreements with Marriott International to deliver The St. Regis Residences and Waldorf Astoria on Dubai Islands — globally recognised hospitality brands that conduct rigorous developer due diligence before agreeing to any partnership. Together they represent design capability plus operational and financial depth.

Based on comparable commercial sub-market performance in Motor City and emerging Dubai office clusters, gross rental yields in the 7–9% range are anticipated. Dubai's Grade A office rents rose 19% annually into early 2026 against a backdrop of 95% occupancy and 0.3% prime vacancy — the supply-demand dynamics that underpin commercial rental growth are structural, not cyclical. Actual yields will depend on market conditions at the time of handover and the tenant and management approach taken. These figures are indicative and not guaranteed.

WhatsApp the IA Wealth Dubai team on +971 56 909 3693 or click any enquiry button on this page. Share your preferred unit type, target budget, and whether you are buying to occupy or invest. Our team will respond within 2 hours with available unit sizes, floor plans, and the full pricing and booking process as authorised channel partners for O1NE District.

Disclaimer: This page is provided for informational purposes only and does not constitute a binding offer, financial advice, or investment guarantee. All prices, payment plans, handover timelines, rental yield projections, and market data figures are indicative only and subject to change. Market statistics (office vacancy, occupancy, price per sqft growth, rental yield) are sourced from third-party research organisations as cited and are provided for context — they do not guarantee future performance. Rental yield figures are based on comparable sub-market data and are not guaranteed by IA Wealth Real Estate LLC or the developers. All unit sizes, floor plans, and exact payment milestones are confirmed at the time of official booking through the Sales Purchase Agreement with the developer. IA Wealth Real Estate LLC is an authorised channel partner and does not take responsibility for any change in project details by Avenew Development or Kora Properties. Buyers should conduct independent due diligence and seek independent legal and financial advice before making any investment decision. IA Wealth Real Estate LLC, RERA Reg. 52591, Trade License 1512596, Broker Card 86334, 2015 OBK Business Centre, 20th Floor, 48 Burj Gate Towers, Downtown, Sheikh Zayed Road, Dubai.

🏢 Commercial
O1NE District
Motor City Dubai
From AED 1.5M · AED 2,500 psf
Enquire Now
✦ Enquire Now