Page 60 - UNION PROPERTIES PR REPORT- December 2024

12/24/24, 9:43 AM Union Properties breaks ground on AED 2bn Takaya project - Mubasher Info

Union Properties breaks ground on AED 2bn Takaya project

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23 December 2024 12:33 PM

UPP
UPP
0.49% Dubai – Mubasher: Union Properties broke ground for its AED
0.41 0.00 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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