Dubai, UAE: AVENEW Development and KORA Properties have launched O1NE District, marking the first major milestone following the strategic joint venture announced by the partners earlier this year. The launch introduces a new mixed-use destination in Motor City and brings to life the partners' shared vision for an integrated business, retail and lifestyle destination.

O1NE District comprises six commercial towers, an integrated retail destination, healthcare facilities and landscaped public spaces, positioned adjacent to Dubai Autodrome with direct access to Downtown Dubai, Palm Jumeirah and the future Al Maktoum International Airport. With a development value of AED 6 billion, the district brings together business, retail, dining and leisure within one connected destination.

DAWN, the first office tower within O1NE District, marks the launch of the wider masterplan. The Grade A office building features flexible floorplates, generous floor-to-floor heights and direct air-conditioned connectivity to the retail destination. Amenities include a concierge-serviced super lobby, landscaped podium terraces, outdoor workspaces, sky gardens and rooftop dining venues.

Designed to support businesses of all sizes, DAWN combines flexible layouts with workplaces enhanced by abundant natural daylight.

The retail destination complements the workplace with restaurants, cafés and everyday conveniences, creating an active destination throughout the day and beyond traditional office hours.

Rasha Hassan, Managing Partner of AVENEW Development, commented: “O1NE District marks the next chapter in our partnership with KORA Properties and our shared vision for Motor City. When we announced our joint venture earlier this year, we set out to create a destination that brings together business, retail and lifestyle within one connected environment. With DAWN, we are taking the first step towards delivering that vision.”

Mr. Nilesh Ved, Chairman of APPCORP Holding, Owner of Apparel Group and Founder of KORA Properties, said: “At KORA Properties, we create destinations that anticipate how people will live, work and connect in the future. Together with AVENEW Development, O1NE District brings business, retail and lifestyle into one integrated ecosystem, anchored by a future shopping mall that will serve as the heart of the community. DAWN marks the first step in delivering a destination built for long term value, innovation and meaningful experiences, reflecting our commitment to quality and purposeful development.”

The launch of DAWN marks the beginning of O1NE District’s wider masterplan. Future phases will introduce five additional commercial towers, an integrated retail destination and a healthcare facility, progressively shaping a connected mixed-use destination in the heart of Motor City.

About AVENEW Development:

Founded in Dubai in 2024 by Rasha Hassan, AVENEW Development creates destinations defined by thoughtful design, comfort and finesse. Guided by a philosophy of deliberate location selection, timeless design and long-term value creation, the company develops refined residential and mixed-use projects that enrich the way people live. Every AVENEW destination reflects a commitment to exceptional quality, enduring craftsmanship and the belief that a home is more than a place—it is where life's most meaningful moments unfold.

About KORA Properties:

KORA Properties is dedicated to delivering exceptional value and meeting the growing demand for premium residential and commercial developments. The company is part of APPCORP Holding, a global conglomerate with a strong presence in 14 countries across four continents. APPCORP’s flagship enterprise, Apparel Group, is a globally recognized retail leader with over 2,500 stores, a diverse portfolio of 85+ international brands. The Group has established a strong presence in the GCC—Bahrain, Saudi Arabia, Kuwait, Qatar, and Oman—and continues to expand across key markets including India, Southeast Asia, South Africa, and Egypt. Offering an integrated omni-channel experience, Apparel Group represents global names such as Tommy Hilfiger, Calvin Klein, RITUALS, Skechers, ALDO, Charles & Keith, and Tim Hortons. Its sustained growth is driven by a multicultural workforce of over 27,000+ and steered under the leadership of its founders, Nilesh Ved and his wife Sima Ved.