Page 31 - UNION PROPERTIES PR REPORT - October 2024_Neat

10/14/24, 11:29 AM Union Properties launches $540m ‘Takaya' in Motor City

Union Properties launches $540m ‘Takaya' in Motor

City

DUBAI

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Eng Amer Khansaheb

Union Properties has launched its AED2 billion ($540 million) ‘Takaya’ project in Dubai Motor City. The company’s latest
milestone in Dubai’s real estate landscape designed to redefine sophisticated urban living, Takaya sets a new standard in the mid-
to high-range segment, promising exceptional living experiences for its residents.

The mixed-use project is being constructed over a plot area spanning 436,175 sq ft, overlooking the Dubai Autodrome, along with
a stunning 500-m retail boulevard. It comprises three residential towers with 744 affordable luxurious apartments. It also offers
competitive unit sizes (studio, 1, 2, 3 BR) and pricing, making it a compelling market choice., along with penthouses, townhouses,
villas, and commercial space. The handover date for this flagship project is expected to be in Q4 2027.

In contrast to other properties in the market, Takaya offers spacious living areas with attractive, post-handover payment plan.
From sleek finishes to state-of-the-art amenities, the development is set to provide a prestigious living experience for residents.

Novel and distinctive amenities

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