Abu Dhabi's Motor World to Create New District for Auto Dealers

Abu Dhabi's Motor World to Create New District for Auto Dealers

Commercial News » Commercial Real Estate Edition | By Alma Kadragic | January 25, 2011 9:49 AM ET

(ABU DHABI, UAE) -- Motor World, Aldar Properties' custom-designed destination for new and used car showrooms and servicing facilities, is set to transform Abu Dhabi's car retail market when it opens its doors in April.  Designed as a one-stop place for car buyers, Motor World will soon provide all related services as well as the showrooms themselves in a modern and comfortable environment near Abu Dhabi International Airport, accessible for consumers from Abu Dhabi, Al Ain, and Dubai.

The government of Abu Dhabi has been planning to remove car dealerships and repair shops from the central business district for several years. Delivery of the first phase of Motor World which comprises 100 showrooms is on target to begin in April, with over 75 of the 100 showrooms now leased. 

Motor World has entered agreements with a number of leading UAE car dealerships including Al Futtaim Automotive who will soon begin construction of their 48,000m2 flagship showroom offering Toyota, Lexus, Honda, Chrysler, Jeep, Dodge, and Volvo models. Aldar is negotiating with other leading dealerships in the UAE and a Memo of Understanding has been signed with the Emirates Driving Company to open a driving institute at Motor World.

Mohammed Al Mubarak, Deputy CEO and Chief Commercial Officer, Aldar Properties, said, "Combining all motor vehicle related services in one modern, well-equipped location, Motor World will be a boost for the under-developed Abu Dhabi car market. With demand for new and used cars set to grow as the market matures, the industry needs a modern home that meets the standards expected by today's consumer."

Monzer Al Rifai, General Manager, Motor World, said, "We are looking forward to opening our doors in April," and added, "Preparations are also under way for Phase 2, a further 100 showrooms, which will be initiated to meet market demand."

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