Dubai Industrial City
Elite Group Holding signs agreement to develop AED 100 million integrated automotive hub at Dubai Industrial City
19 December 2024
Elite Group Holding, a diversified UAE-based conglomerate, has signed a musataha agreement to develop a 1 million square foot integrated facility at Dubai Industrial City, the region’s leading manufacturing and logistics hub. The new facility, worth AED 100 million, will drive growth in the automotive and e-commerce sectors, reinforcing Elite Group Holding’s commitment to innovation across its diverse business portfolio.
The project’s agreement signing ceremony at Dubai Industrial City, one of TECOM Group PJSC’s 10 vibrant business districts in the city, was attended by Saud Abu Alshawareb, Executive Vice President of Industrial at TECOM Group and Tamer Abu Khalaf, Partner of Elite Group Holding.
The facility, expected to be operational in Q2 2026, will serve as a central hub for Elite Group Holding’s operations catering to both domestic and international markets. Elite Group Holding’s subsidiaries include The Elite Cars, a luxury automotive dealership in the UAE, with exclusive automotive partnerships with brands including Danish supercar manufacturer Zenvo Automotive, leading SUV brand, Jetour, the emerging modern, urban SUV brand, SOUEAST; ZRT Contracting and ART Elite Car Rental, among others.
“The automotive industry's pursuit for innovation is fuelling economic activity, attracting investment, and creating new skill-based jobs,” said Saud Abu Alshawareb, Executive Vice President of Industrial at TECOM Group PJSC, on behalf of Dubai Industrial City. “Elite Group Holding’s investment at Dubai Industrial City underscores the growing confidence in the UAE’s robust business ecosystem and its attractiveness for companies seeking to expand their regional footprint. By nurturing efficiencies across vital sectors such as automotive and e-commerce, the new hub will catalyse industry excellence and have a positive ripple effect on our society and economy. We welcome such partners to strengthen Dubai Industrial City’s ambition to contribute to economic growth as envisioned by the Operation 300bn, Make it in the Emirates, and Dubai Economic Agenda ‘D33’ strategies.”
Tamer Abu Khalaf, Partner of Elite Group Holding, said: “We are excited and optimistic about the future as we enter a new phase of growth and expansion. This investment marks a pivotal step in broadening our footprint across key sectors and solidifying our presence in this dynamic region. Dubai Industrial City aligns perfectly with our vision to innovate and lead in industries shaping tomorrow’s economy, offering a centre of excellence to drive efficiency, sustainability, and innovation across our operations. Our growth strategy includes launching new branches, expanding dealership networks, and building strategic partnerships to bring leading luxury and premium brands to the UAE, while advancing eco-friendly solutions like electric and hybrid vehicles, and enhancing digital integration across our e-commerce and automotive operations. We are proud to join Dubai Industrial City’s vibrant community, whose world-class infrastructure supports sustainability and resource efficiency, making it an ideal foundation for our continued growth.”
Elite Group Holding’s expansion into Dubai Industrial City aligns with its vision for growth in future-focused industries. With proximity to Al Maktoum International Airport, Jebel Ali Port, an Etihad Rail freight terminal, and key national roadways, the facility will serve as a hub of excellence, advancing efficiency, sustainability, and innovation. Dubai Industrial City has enabled the regional manufacturing and logistics sectors for more than two decades as the home of more than 1,100 local, regional, and international customers and 350 operational factories. The region’s leading industrial hub offers world-class infrastructure, including land, storage, and logistics spaces across six sector-specific zones that promote resource efficiency and minimise waste
Dubai Industrial City is part of TECOM Group’s portfolio of business destinations that include Dubai Internet City, Dubai Media City, Dubai Studio City, Dubai Production City, Dubai Knowledge Park, Dubai International Academic City, Dubai Design District (d3), and Dubai Science Park.