AppCorp Holding, the parent company of the renowned Apparel Group, has announced its strategic entry into Dubai’s thriving real estate market with the launch of KORA Properties. This premium real estate development firm is set to debut its first project in Dubai Maritime City on November 12, 2025. The move aligns with Dubai’s ambitious Real Estate Sector Strategy 2033, which aims to elevate the sector’s market value to Dh1 trillion. KORA Properties will focus on creating high-end residential and commercial spaces, as well as niche developments in healthcare and hospitality. Nilesh Ved, Chairman of AppCorp Holding, emphasized that KORA Properties is committed to crafting living spaces that transcend mere construction, offering ‘Timeless Living’ that nurtures dreams and fosters growth. This venture marks a significant step in AppCorp’s diversification strategy, expanding its portfolio beyond retail and lifestyle into high-value sectors. Established in 1996, Apparel Group has grown into one of the region’s largest retail conglomerates, representing over 85 global brands across 2,500 stores in 14 countries. With KORA Properties, AppCorp is poised to become a multi-sector holding company, blending its expertise in fashion with innovative real estate development.
Apparel Group enters real estate with KORA Properties; first project in Dubai Maritime City
