Page 64 - UP PR REPORT - JULY 2025
P. 64
7/30/25, 11:46 AM Union Properties resolves legacy debt with new Motor City sale - Arabian Business: Latest News on the Middle East, Real Estate, …
strategic development, long-term value creation, and a sustainable impact across the
UAE’s real estate landscape.”
The real estate project will make a meaningful contribution to the continued evolution of
MotorCity, one of Dubai’s most established and sought-after communities.
Structured under a deferred payment framework, the agreement further reinforces Union
Properties’ disciplined financial approach. The initial deposit has already been secured,
ensuring strong cash flow visibility and continued balance sheet optimisation.
In a statement, Union Properties said it “remains committed to delivering value-driven,
market-responsive developments that elevate communities and support Dubai’s broader
urban vision”.
https://www.arabianbusiness.com/industries/real-estate/union-properties-resolves-legacy-debt-with-new-motor-city-sale 3/3

