Page 30 - UNION PROPERTIES PR REPORT - October 2024

10/14/24, 11:28 AM Union Properties unveils $544M Takaya project in Dubai Motor City - CW Property Middle East

With a projected value of approximately Ü544 million (AED 2 billion) and spanning a
plot area of 436,175 sq. ft., the mixed-use Takaya development overlooks the
renowned Dubai Autodrome and features a 500-metre retail boulevard. It

comprises three residential towers housing 744 luxurious yet affordable
apartments, with a variety of unit sizes including studios, one, two, and three-
bedroom options, alongside penthouses, townhouses, villas, and commercial
spaces.

Eng. Khansaheb remarked, “We are thrilled to off icially launch the eagerly awaited
‘ Takaya’ project, which reflects our unwavering commitment to innovation,

sustainability, and excellence. At Union Properties, we strive to create exceptional
living experiences for our customers through unique projects.”

The project boasts innovative smart building management systems designed to
reduce energy consumption and operational costs, alongside upscale features such
as outdoor sports courtyards, leisure pools, jogging tracks, and kids’ play areas. The
ground floor of each tower will host a mix of retail outlets, dining establishments,
and other essential services, further enhancing the community experience.

Additionally, Takaya provides 150 parking spaces equipped with EV chargers.

Union Properties plans to launch Ü1.63 billion (AED 6 billion) worth of projects in the
next 18 months. Eng. Khansaheb added, “By leveraging our extensive industry
expertise and market insights, we look forward to capitalising on new opportunities
in the real estate market and creating future-ready liveable environments.”

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