Page 65 - UP PR REPORT - February 2025

2/6/25, 10:43 AM Dubai’s Union Properties secures $41mln local funding for new projects

The company has retained a land bank with almost 10 million square feet of gross floor area (GFA) from
its current portfolio for development.

Two new mixed-use projects will be launched soon, the statement said but didn't disclose details.

In October 2024, Union Properties had launched an AED 2 billion mixed-use ‘Takaya’ project in Motor
City master development.

(Editing by Anoop Menon) (anoop.menon@lseg.com)

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