Apparel Group Launches Kora Properties to Enter UAE Real Estate Market

Apparel Group holding company, Appcorp, has launched Kora Properties, inaugurating its entry into the real estate sector with a fully integrated development company focused on meeting the UAE’s rising demand for premium properties.

Apparel Group holding company

Apparel Group holding company, Appcorp, has launched Kora Properties, inaugurating its entry into the real estate sector with a fully integrated development company focused on meeting the UAE’s rising demand for premium properties. Under the leadership of Nilesh Ved, Chairman of both Appcorp and Kora Properties, the firm aims to deliver sustainable growth and exceptional value across residential, retail, commercial, healthcare, and hospitality real estate segments.

The launch aligns with Dubai’s Real Estate Sector Strategy 2033, which anticipates the sector reaching Dh1 trillion in market value amid growing global investor interest. Kora Properties extends Apparel Group’s legacy of elevating lifestyle experiences, promising living spaces that nurture dreams, growth, and enduring quality rooted in customer-centric values.

Ved emphasized that Kora Properties is committed not just to building structures but to creating “timeless living” environments that become the backdrop for life’s meaningful milestones. By blending Apparel Group’s trusted global brand heritage with forward-looking innovation, Kora Properties intends to redefine modern living while contributing substantially to the UAE’s dynamic real estate landscape.

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Apparel Group, established in 1996, boasts over 85 international brands, 2,500 stores across 14 countries, and 27,000 employees, underscoring the group’s robust foundation for success as it diversifies into real estate.

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David Collins

David Collins

David has a background in corporate strategy and international trade. His articles cover business growth, entrepreneurship, and market trends.

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