Page 37 - UNION PROPERTIES PR REPORT- December 2024
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12/24/24, 9:34 AM UAE: Union Properties breaks ground on $544.5mln Takaya project
The mixed-use development called Takaya will be located in Dubai Motor City. Image courtesy Union Properties.
The Takaya project marks a crucial turning point in the evolution of the company’s ambitious
portfolio
Staff Writer, Mubasher
December 23, 2024
Union Properties broke ground for its AED 2 billion project in Dubai’s Motor City community, according to
a press release.
The Takaya project marks a crucial turning point in the evolution of the company’s ambitious portfolio.
The mixed-use development spans 436,175 square feet of land, featuring three residential towers with
788 housing units, including studios, 1, 2, 3 BRs, in addition to penthouses, townhouses, and villas.
With this launch, Union Properties seeks to promote the development of a project that promises to
support the UAE's growing real estate industry.
The project aligns with the company’s strategy to redefine urban living, while contributing to Dubai's
long-term vision for sustainable growth and investment appeal.
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