O1NE District by AVENEW Development & KORA Properties

Starting From
AED 1,500,000
  • Updated On:
  • July 15, 2026

Description

Austrabay Real Estate LLC  ·  Dubai, Australia & International
O1NE District by AVENEW & KORA
Motor City, Dubai  ·  Grade A Offices and Retail
Commercial Off-Plan AED 6B Masterplan Handover Q1 2030 Freehold
6
Grade A Towers
21
Storeys (DAWN Tower)
AED 1.5M
Reported Entry Price
0%
Buyer Fees
Project Overview
Dubai’s New AED 6 Billion Commercial District

O1NE District is a purpose-built commercial district in Motor City, developed through a joint venture between AVENEW Development and KORA Properties, with KORA backed by APPCORP Holding, the conglomerate behind Apparel Group. The AED 6 billion masterplan comprises six Grade A office towers, a hospital, and an integrated retail mall on a prime plot directly adjacent to the Dubai Autodrome, all connected through shared podiums, retail promenades, landscaped zones, and pedestrian-first pathways.

The first tower now launching is DAWN, a 21-storey Grade A commercial building offering freehold offices and retail spaces. DAWN is designed around natural light and flexibility: efficient, adaptable floorplates, generous floor-to-floor heights, a concierge-serviced super lobby, dedicated office elevators, and smart building infrastructure. Direct air-conditioned connectivity links the tower to the retail destination, while sky gardens, landscaped podium terraces, outdoor co-working areas, and rooftop dining venues give occupiers a full lifestyle around the workday. Reported office units span roughly 1,963 to 5,479 sq ft.

The timing is the story. Dubai’s prime office market has been running at a reported vacancy of around 0.3%, with average office sales prices up roughly 26% year-on-year in 2025 and Grade A supply forecast to remain critically short through 2027-28. O1NE District enters that gap in Motor City, an established, well-connected community identified as one of Dubai’s emerging commercial clusters. For Australian investors, this is a rare freehold commercial entry: a Grade A asset class usually dominated by institutions, with an interest-free plan from 10% down and half deferred to handover.

Grade A Supply Gap

Dubai’s prime office vacancy has been reported near 0.3%, with average office prices up ~26% year-on-year in 2025 and the Grade A shortage described as structural through 2027-28.

A Complete Business Ecosystem

Six office towers, an integrated retail mall, a hospital, and landscaped public spaces in one walkable district, designed so occupiers never need to leave.

Institutional Backing

KORA Properties is backed by APPCORP Holding, the conglomerate behind Apparel Group with 2,500+ stores across 14 countries, pairing AVENEW’s design-led vision with serious execution capability.

Autodrome-Front Address

Directly adjacent to the Dubai Autodrome, one of the city’s most distinctive lifestyle anchors, with direct E311 access, ~20 minutes to Downtown and ~15 to Dubai Marina.

Key Project Facts
Developers
AVENEW x KORA Properties
Location
Motor City, Dubai
Masterplan
AED 6B, 6 Towers + Mall
First Tower
DAWN, 21 Storeys
Asset Types
Grade A Offices & Retail
Reported Entry
From AED 1,500,000
Handover
Q1 2030
Payment Plan
10 / 40 / 50
Office Sizes
~1,963 to 5,479 sqft
Ownership
Freehold (All Nationalities)
Pricing Guide
DAWN has just launched and official pricing is largely on request, with reported figures around AED 2,500 per sqft. AUD equivalents are approximate. Contact Austrabay for the current price list across offices and retail.
Office Suites (Entry)
Reported From AED 1,500,000
~AUD $615,000  ·  around AED 2,500 per sqft
Grade A Offices (~1,963 to 5,479 sqft)
Contact Austrabay for Pricing
Flexible floorplates for SMEs to multinationals
Retail Units
Contact Austrabay for Pricing
Integrated podium retail serving the district and Motor City

DLD registration fee (4%) applies separately. Launch pricing is indicative, varies by floor and configuration, and is subject to change at the developers’ discretion.

Payment Structure
10% Down, 50% on Handover

O1NE District offers an interest-free plan built for capital efficiency: 10% on booking, around 40% across construction milestones, and the final 50% on completion in Q1 2030. With half the price deferred to handover, capital stays free while the asset is built, and all payments run through a DLD-registered escrow account for full legal protection. No bank is involved and no interest is charged.

1
Pay 10% on booking to secure your unit, plus the 4% DLD registration fee.
2
Pay around 40% in instalments spread across construction milestones, via DLD-registered escrow.
3
Pay the final 50% on completion and key handover in Q1 2030. Austrabay will confirm the exact milestone schedule.
Example: Entry Office Suite
Purchase Price (Reported Entry)AED 1,500,000
Booking (10%)AED 150,000
During Construction (~40%)AED 600,000
On Handover (50%)AED 750,000
StructureInterest-free, escrow-protected
Location
Motor City, Beside the Dubai Autodrome

Motor City is a mature, well-connected community in New Dubai that has quietly evolved from a motorsport and residential enclave into a genuine micro-city, now identified among Dubai’s emerging commercial clusters. O1NE District sits directly beside the Dubai Autodrome, with direct access to Sheikh Mohammed Bin Zayed Road (E311) plus Al Khail Road and Hessa Street. A large residential catchment surrounds the district, with Arabian Ranches, Dubai Sports City, and Dubai Studio City minutes away, and the corridor’s importance is set to grow as Al Maktoum International Airport expands.

Adjacent Dubai Autodrome
Direct Sheikh Mohammed Bin Zayed Rd (E311)
Direct Al Khail Road and Hessa Street
Minutes Arabian Ranches and Sports City
Minutes Dubai Studio City
15 min Dubai Marina
20 min Downtown Dubai
Corridor Al Maktoum International Airport
Nearby 600+ Retail and F&B Outlets (Motor City)
The District and DAWN Tower
A Live-Work-Dine Environment, Not an Office Park

O1NE District is designed as a pedestrian-first destination where business, retail, wellness, and leisure share one connected environment, with DAWN setting the quality standard as the district’s first tower.

Inside DAWN Tower
✓  Concierge-Serviced Super Lobby
✓  Flexible Grade A Floorplates
✓  Generous Floor-to-Floor Heights
✓  Dedicated Office Elevators
✓  Smart Building Infrastructure
✓  Abundant Natural Daylight
Wellness and Lifestyle
✓  Sky Gardens and Podium Gardens
✓  Rooftop Dining Venues
✓  Outdoor Co-Working Areas
✓  Gym, Fitness and Wellness Spaces
Across the District
✓  Six Grade A Office Towers (Phased)
✓  Integrated Retail Mall and Promenades
✓  Hospital Within the Masterplan
✓  Landscaped Public Plazas
✓  Pedestrian-First Walkable Layout
Occupier Convenience
✓  Direct A/C Link from Offices to Retail
✓  Cafes, Restaurants and Everyday Essentials
✓  Private Restaurant and F&B District
✓  Ample Parking and 24/7 Security
Signature Feature: The Integrated District Concept

Unlike a standalone office tower, O1NE District is a phased AED 6 billion ecosystem: six Grade A towers connected through shared podiums and retail promenades, a hospital built into the masterplan rather than added as an afterthought, and a future mall intended as the community’s heart. Offices connect to the retail destination through direct air-conditioned walkways, so no one steps into the summer heat for lunch. The district is designed to compound in value and function as each phase comes online.

Investment Case
Why Invest in O1NE District?

Commercial property is a different play from residential, and the current numbers explain the interest: Dubai’s prime office vacancy has been reported at around 0.3%, average office sales prices rose roughly 26% year-on-year in 2025 to about AED 1,951 per sqft, and forecasters expect Grade A supply to remain critically short through 2027-28 because the shortage is structural rather than temporary. O1NE District enters this gap with institutionally backed developers, an entry-phase freehold product in an emerging commercial cluster, and a capital-efficient plan with only 10% down and half deferred to Q1 2030 handover. Motor City’s established residential catchment and the growing Al Maktoum corridor add long-term demand drivers as the phased district matures.

✓  0% Income Tax for Individuals ✓  0% Capital Gains Tax ✓  ~0.3% Reported Prime Office Vacancy ✓  ~26% YoY Office Price Growth (2025) ✓  Structural Grade A Supply Shortage ✓  Only 10% Down, 50% on Handover ✓  DLD-Registered Escrow Protection ✓  APPCORP-Backed Joint Venture ✓  First-Mover Entry in a Phased District ✓  Freehold for All Nationalities ✓  Favourable AUD to AED Rate
UAE Residency Visa Eligibility

Freehold property investments meeting the relevant value thresholds could potentially support UAE residency visa applications, including the 10-year Golden Visa at AED 2 million and above. Eligibility criteria for commercial property are set by the DLD and immigration authorities and should be confirmed at the time of purchase. Austrabay can guide you through the current requirements for your chosen unit.

The Developers
AVENEW Development x KORA Properties

AVENEW Development is a Dubai-born developer founded with a mandate to design experiences rather than simply construct buildings, led by Managing Partner Rasha Hassan with a philosophy of intentional, design-led development. KORA Properties brings a fully integrated real estate platform spanning commercial, retail, hospitality, and lifestyle sectors, giving the joint venture the operational execution strength that design-led concepts require.

KORA is backed by APPCORP Holding, one of the region’s leading conglomerates with presence across 14 countries and flagship enterprise Apparel Group operating over 2,500 stores globally, chaired by Nilesh Ved. The combination of design intelligence and institutional infrastructure makes O1NE District one of the most strongly backed commercial district launches Dubai has seen, with DAWN as its opening statement.

AED 6B
District Masterplan Value
2,500+
Stores (APPCORP’s Apparel Group)
14
Countries of Group Presence
Austrabay Real Estate LLC · Your Bridge Between Australia and Dubai
Interested in O1NE District?

First-mover allocations in DAWN, the district’s opening tower, set the entry point for the entire masterplan. Our team is available across Australian and UAE time zones.

0% Fees Charged to Buyers

Enquire Now
Contact us and we will send you the complete O1NE District brochure, DAWN floor plans, current price list, and payment plan details.
Austrabay Real Estate LLC
Dubai, Australia & International
RERA License No. 1562043  ·  austrabay.com
All project details are sourced from AVENEW Development, KORA Properties, and public listings as of July 2026. O1NE District is a newly launched commercial development; entry pricing, unit sizes, payment schedules, and handover dates are indicative, vary by source at this early stage, and should be confirmed directly at booking. Office market statistics are reported third-party figures, not guarantees of future performance. This is a commercial property offering; buyers should seek independent financial and legal advice. Austrabay acts as an authorised marketing partner. AUD equivalents are approximate based on prevailing exchange rates.

City:
State/County:
Country: United Arab Emirates

Property Id: 22841
Price: AED 1,500,000

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Avinash Sharma