, the UAE’s premier multi-purpose motorsport and entertainment facility, has announced the completion of its AED16.5 million ($4.5 million) Business Park Phase Two project that includes seven warehouse units, each of which measures 4,844 sq ft.
Spread over a 34,000 sq ft area, the Phase Two development features all the required amenities to help business owners run smooth and uninterrupted operations, said the statement from Dubai Autodrome.
Spanning over a total area of 65,000 sq ft, the expansion project of the already existing 12-unit Phase One project will help bolster Dubai Autodrome’s position as a premier motorsport and motoring venue in the Middle East, it stated.
Also, the park is distinguished by its strategic location and proximity to the racetrack, which makes it an ideal environment for all entities within the automotive sector, it added.
Since its establishment in 2004, Dubai Autodrome has attracted millions of people to its venue to enjoy its motorsport and lifestyle events while providing a safe venue to hold adrenaline-filled activities for motorsports enthusiasts.
The Business Park expansion project will enhance business-to-business relations within the community and help drive further national and international commerce activities to Dubai.
General Manager Faisal Al Sahlawi said: "Dubai Autodrome, along with Union Properties, has successfully created a new motoring hub for various communities to use as their business home. Over the past years, the Autodrome has evolved into a base that caters to the various needs of the automotive and motorsport community."
Following the success of the first two phases, Dubai Autodrome Business Park phase 3 is already in its planning stages and will incorporate modular type of units to meet the needs and expectations of customers.
Bert Grogor, Senior Commercial Manager, Dubai Autodrome, said: "The completion of phase 2 has helped consolidate our position as the Motorsport and Motoring hub of the UAE."
"With phase 2 already fully occupied, it proves that Motor City is fast becoming the favorite hub in Dubai among residents and business owners alike," he added.