Page 53 - UNION PROPERTIES PR REPORT - October 2024_Neat

10/11/24, 11:20 AM DXB Rest

Dubai’s UPP announces $315mln

development in Motor City

FOR INQUIRIES THURSDAY، 10 OCTOBER 2024

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S Dubai United Arab Emirates
Dubai developer Union Properties (UPP) has announced an AED 1.159 billion ($315 million) project
starting at the end of the month, which it says will turn a profit of AED 200 million.
The Takaya project overlooking Dubai Autodrome in Motor City, which is is scheduled for
competition in October 2027, will include residential towers, villas and commercial space.
(Writing by Imogen Lillywhite; editing by Seban Scaria)

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