Phase 2 Work Starts For Dubai Autodrome Business Park

by commitbizadmin 01, May 2020

Phase 2 Work Starts For Dubai Autodrome Business Park

Union Properties, a leading property developer company in the UAE and the master developer of MotorCity and many such properties, announced the expansion of Dubai Autodrome Business Park in Dubai MotorCity, recording a total investment of about AED 25.5 million.

The second phase work has commenced for a purpose-built facility for racing teams and other motorsport related businesses.  The second phase has already secured 100%  bookings ahead of construction and is scheduled for completion in February 2020, the developer mentioned in a public statement.

The second phase spreads over an area of 33,900 square feet, located next to the existing phase 1, close to 5.39km race circuit at Dubai Autodrome. The first phase consists of 54,000 square feet area with 12 unique units catering to automotive, motorsports and racing related-businesses.

The marketing and communications director of Union Properties, Ahmad Ibrahim said in the announcement that as a part of their development plans for the MotorCity phase 2, they are proudly announcing that work on the expansion of the Dubai Autodrome Business Park has commenced.

He added they had seen substantial interest during the launch of the first phase and the second phase of the project will be a continuation of the firm’s successful destination-led strategy that has already secured a 100% booking of all the units.

Phase one of this project is home to significant car racing brands like Lamborghini Trofeo and Porsche, among many others.

The general manager of Dubai Autodrome, Faisal Al Sahlawi said the Dubai Autodrome’s vision is to continually support the motorsport industry in the UAE region, this project showcases their commitment to bringing to market relevant services and products that answer a strong need within the ecosystem. The expansion efforts are propelled by keen market demand for their products and the undeniable success of phase 1 of the Business Park.

About Union Properties and Autodrome

Union Properties-owned MotorCity offers a blend of entertainment, dining, and retail options to the public within a pedestrian-oriented, multi-user environment. This master development encompasses six major projects, each with its unique environment, including Avenue District, Dubai Autodrome, Business Park MotorCity, OIA Residency, Uptown MotorCity, and Community MotorCity.

The Union Property’s Autodrome is a multipurpose facility including a racing circuit with multiple track configurations, a Laserdrome, a Kartdrome, and various areas for the entertainment of kids.

The Autodrome offers a slew of helpful amenities ranging from a racing school to a gas station to a medical centre, and a convenience store.

Dubai’s Autodrome has hosted various world-class racing events that are a class apart from others like the FIA GT Championship, European Touring Car Championship, Lamborghini Super Trofeo ME, A1 GP, and the Radical Middle East Cup among many others.

The Autodrome also includes a Pit Complex, a Race/Safety Control Room, a Media Centre, and a VIP suite. It has a 5.6km strip of track length where it held its first race in 2004. It also provides parking facility of about 500 in Grandstand and 300 in Paddock. Autodrome witnesses over 200,000 visitors annually. Located in the firm-owned MotorCity, a 25 min drive away from the heart of the city. This is an excellent destination for visitors as well as for racing enthusiasts.

Tourism has been one of the most remarkable business sectors in the Middle East region, especially Dubai, as it ranks among the top five travel destination options for international tourists and has a tax-free scenario, a home for millions of expats. One has many opportunities in this sector, ranging from leisure tourism to medical tourism and marine tourism. The city is also a chosen destination for meetings, conferences, exhibitions, and events among various renowned establishments. So, don’t you see the fantastic opportunity to open a travel agency in Dubai yet? Yes, you read it right, we, at Commitbiz, help you set up your dream travel-related agency in Dubai. We also provide you with assistance to grow your travel business in Dubai.

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