A new shopping mall and hotel are set to open in Dubai's Motor City early next year as part of an investment worth AED500 million ($136 million).
First Avenue, based at the edge of the Dubai Autodrome, will have 70 high-street retailers and 15 casual dining restaurants. The four-star 150-room hotel, which adjoins the mall, will be operated by Park Inn by Radisson. The hotel overlooks the race track at Dubai Autodrome, a statement said.
It added that First Avenue will be a social and retail hub for the Union Properties-developed Motor City, with a distinct automotive and lifestyle theme. The two-storey development stretches across 500,000 sqft, with a 1km roadway linking each end.
The development, owned and operated by Saudi Arabia’s Al Tawfeeq for Development and Investment (ATDI), will open in the first quarter of next year.
First Avenue is designed as a European-style mall, with an indoor-outdoor boulevard and Arabesque influences while the Park Inn by Radisson will have 150 rooms, all-day restaurant, lobby, meetings and events space, gym, spa and swimming pool and can be accessed directly from the mall.
Ramy Moussly, ATDI general manager, said: “The development meets local demand for an easily accessible retail and hotel experience, with car parking, restaurants and entertainment options right on the doorstep. As Dubai’s development moves southwards, First Avenue is strategically located to serve a growing and discerning market.”