The announcement comes as Dubai\u2019s real-estate sector is on track to reach a market value of Dh1 trillion under the Dubai Real Estate Sector Strategy 2033<\/p>\n\n\n\n
AppCorp Holding, the parent company of fashion and lifestyle conglomerate Apparel Group, has made its first move into Dubai\u2019s booming property market with the launch of KORA Properties, a \u201cfully integrated\u201d premium-segment real-estate development firm.<\/p>\n\n\n\n
KORA Properties will operate as a developer, with its debut project scheduled to launch on November 12 in Dubai Maritime City, Tempi di Khaleej<\/em> can reveal.<\/p>\n\n\n\n The company is chaired by Nilesh Ved, Chairman of AppCorp Holding and owner of Apparel Group, who said it will focus on developing premium residential and commercial spaces.<\/p>\n\n\n\n \u201cKORA Properties is founded on the belief that a home is one of life\u2019s most important milestones, and homes are forever. It is not just about bricks, steel, and mortar; it is about creating spaces that become canvases for life\u2019s most meaningful moments and offer \u2018Timeless Living\u2019,\u201d he said.<\/p>\n\n\n\n The announcement comes as Dubai\u2019s real-estate sector is on track to reach a market value of Dh1 trillion under the Dubai Real Estate Sector Strategy 2033. KORA Properties plans to develop multiple projects \u2014 from residential to retail and commercial \u2014 as well as niche developments in the healthcare and hospitality segments.<\/p>\n\n\n\n Ved said the multi-billion-dollar Apparel Group aims to create experiences that elevate lifestyle for the community, whether through its offerings in fashion, lifestyle, or service.<\/p>\n\n\n\n \u201cWith KORA Properties, we are extending our brand’s promise into real estate, promising living spaces that nurture dreams, foster growth, and elevate living. Today marks a new chapter, as we continue to innovate and diversify while staying true to our core values of commitment, quality, and customer-centricity.\u201d<\/p>\n\n\n\n The venture marks a key milestone in AppCorp\u2019s diversification strategy as it expands beyond retail and lifestyle into high-value sectors aligned with the UAE\u2019s long-term growth plans.<\/p>\n\n\n\n Established in 1996, Apparel Group has built one of the region\u2019s largest retail footprints, representing more than 85 global brands across 2,500 stores in 14 countries and employing 27,000 people. The creation of KORA Properties positions AppCorp as a multi-sector holding company with ambitions stretching from fashion to real-estate development.<\/p>\n\n\n\n Source: Khaleej times<\/strong><\/p>\n\n\n\n Published: 30 October 2025<\/strong><\/p>\n\n\n\n <\/p>","protected":false},"excerpt":{"rendered":" The announcement comes as Dubai\u2019s real-estate sector is on track to reach a market value of Dh1 trillion under the Dubai Real Estate Sector Strategy 2033 AppCorp Holding, the parent company of fashion and lifestyle conglomerate Apparel Group, has made its first move into Dubai\u2019s booming property market with the launch of KORA Properties, a […]<\/p>","protected":false},"author":7,"featured_media":35205,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[5356,4565,361,5357,5355],"class_list":["post-35204","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-apparel-group","tag-dubai-maritime-city","tag-dubai-real-estate","tag-kora-properties","tag-new-development-dubai"],"_links":{"self":[{"href":"https:\/\/elite-bricks.com\/it\/wp-json\/wp\/v2\/posts\/35204","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/elite-bricks.com\/it\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/elite-bricks.com\/it\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/elite-bricks.com\/it\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/elite-bricks.com\/it\/wp-json\/wp\/v2\/comments?post=35204"}],"version-history":[{"count":1,"href":"https:\/\/elite-bricks.com\/it\/wp-json\/wp\/v2\/posts\/35204\/revisions"}],"predecessor-version":[{"id":35206,"href":"https:\/\/elite-bricks.com\/it\/wp-json\/wp\/v2\/posts\/35204\/revisions\/35206"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/elite-bricks.com\/it\/wp-json\/wp\/v2\/media\/35205"}],"wp:attachment":[{"href":"https:\/\/elite-bricks.com\/it\/wp-json\/wp\/v2\/media?parent=35204"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/elite-bricks.com\/it\/wp-json\/wp\/v2\/categories?post=35204"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/elite-bricks.com\/it\/wp-json\/wp\/v2\/tags?post=35204"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}