The US $136.13 million mall and hotel. The US $136.13 million mall and hotel.

A new shopping mall and hotel are set to open in Motor City early next year as part of an investment worth US $136.13 million (AED500 million) that will drive development in Dubai’s Motor City community.

First Avenue overlooks Dubai Autodrome, and will have 70 high-street retailers and 15 casual dining restaurants.

A four-star 150-room hotel, which adjoins the mall, will be operated by Park Inn by Radisson. The hotel overlooks the race track at the Dubai Autodrome. The Park Inn by Radisson will have an all-day dining restaurant, lobby, meeting and events space, gym, spa and swimming pool.

The two-storey development stretches across 500,000ft2, with a one-kilometre roadway linking each end.

The development, owned and operated by Saudi Arabia’s Al Tawfeeq for Development and Investment (ATDI), will open in the first quarter of next year.

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First Avenue is hoping to target the suburban areas close to Sports City, Arabian Ranches, Al Barari, Silicon Oasis, Nshama, Mudon, Studio City and Dubai Production City.

First Avenue is designed as an environmentally friendly, contemporary, European-style mall, with an indoor-outdoor boulevard and Arabesque influences.

ATDI general manager Dr Ramy Moussly said in a statement: “This is a project differentiated by the excitement of the race track and the contemporary style of the shopping and hotel experience, set against the backdrop of a rapidly growing suburban quarter of Dubai.”