Page 33 - UNION PROPERTIES PR REPORT- December 2024
P. 33
12/24/24, 9:33 AM Union Properties Breaks Ground On $544M 'Takaya' Project In Dubai
Project Overview
The “Takaya” development marks a significant turning point in the evolution of Union
Properties’ ambitious portfolio.
Spanning 436,175 sq. ft. of land with a roadside elevation of 560 meters and
overlooking the Dubai Autodrome, the mixed-use development will feature three
residential towers, housing 788 luxury units.
These will include studios, 1, 2, and 3-bedroom apartments, as well as penthouses,
townhouses, and villas. In addition, the development will include a 500-metre-long
shopping boulevard to cater to the varying needs of residents.
Takaya at Dubai Motor City
With modern amenities, spacious layouts, and sleek finishes, “Takaya” is a testament to
Union Properties’ vision of providing an upscale living environment for buyers.
Enabling Package and Groundbreaking Ceremony
The enabling package for Takaya includes 995 foundation piles, 99,000 cubic metres of
excavation, and a 500-metre-long shoring boundary. This part of the project is
expected to be completed within six months.
The ground-breaking ceremony, held on December 20th, 2024, was attended by
prominent figures from Union Properties, including Mr. Mohamed Fardan Ali Al
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