Through a new investment in Dubai Industrial City, Elite Holding Group has announced the signing of a land lease agreement to build an integrated center spanning one million square feet, with a total cost estimated at 100 million AED. This multi-purpose center, expected to begin operations in the second quarter of 2026, will serve the automotive and e-commerce sectors, boosting Dubai’s economic growth.
Elite Holding Group encompasses several leading companies in the automotive sector, including Elite Cars, specializing in luxury car sales, with partnerships with global brands such as Zenvo Automotive and Chery. This move reflects the group’s commitment to expanding its operations in the UAE and enhancing its position as a leading hub for innovation in the automotive sector, with a focus on sustainability.
The project is expected to attract investments, stimulate the economy, and create new job opportunities, reflecting the strength of the UAE’s business environment. It also aligns with the objectives of the “300 Billion Project” and Dubai’s “D33 Economic Agenda.”
This investment reaffirms confidence in the future of Dubai Industrial City as a global investment hub for strategic sectors, including automotive and e-commerce, supporting sustainable economic growth in the UAE.
In my opinion, Elite Holding Group’s investment in Dubai Industrial City is a strong strategic step that highlights the UAE’s ability to attract leading investments across various sectors. This project will not only strengthen Dubai’s position as a hub for industrial innovation but will also significantly contribute to boosting the local economy by meeting the needs of both local and global markets. The expansion of the automotive sector reflects the region’s vision for the future and enhances Dubai’s appeal as a global investment center. Additionally, the development of integrated infrastructure in Dubai Industrial City will contribute to the sustainability of major projects and confirm the country’s ability to provide an ideal working environment for ambitious entrepreneurs and investors.
