Page 55 - UNION PROPERTIES PR REPORT- December 2024

12/24/24, 9:42 AM Union Properties breaks ground on AED 2bn Takaya project | Decypha

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Union Properties breaks ground on AED 2bn Takaya project

Dubai – Mubasher: 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.
Last October, Union Properties unveiled the project in addition to further development schemes set to be launched at an aggregated
value of AED 6 billion.

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