Page 19 - UNION PROPERTIES PR REPORT - February 2024

delivering high-quality products and services to meet the diverse needs

and satisfaction of its clients. The company’s state-of-the-art properties
redefine contemporary living, elevating standards and augmenting the
overall value of the Real Estate market.

Dubai has been home to a diverse range of residents and visitors looking

for high living standards and exceptional job opportunities. In 1950, the
Emirate had a modest population of 70,000 residents, which increased to
226,000 in 1970. A report by Dubai Statistics Centre recorded a staggering
3.5 million residents in 2022. Experts now project that owing to the 2040
Urban Master Plan this figure is poised to ascend even further, reaching an

estimated 5.8 million residents.

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Dubai’s real estate market presents remarkable opportunities for mixed-
use developments, further enhancing the city’s urban landscape and
economic prospects. These projects have the potential to accommodate

the burgeoning population, facilitating sustainable growth and shaping
the future of urban living. Dubai is not merely transforming its Real Estate
landscape; it is fundamentally redefining the core identity of a progressive
and inclusive global city.

https://www.khaleejtimes.com/business/dubai-mixed-used-developments-transforming-urban-
landscapes