Union Properties breaks ground on $544M ‘Takaya’ project in Dubai

The project in Dubai Motor City had its ground-breaking ceremony on December 20th, 2024 and was attended by prominent figures

Union Properties Breaks Ground on the Landmark “Takaya” Project in Dubai Motor City

Union Properties PJSC is poised to transform urban living with the groundbreaking of its $544 million “Takaya” project in Dubai’s Motor City. This ambitious development sets a new standard in the mid-to-high residential market, offering a unique blend of luxury and modern urban living.

A Bold Vision for Modern Living

The “Takaya” project is a pivotal milestone in Union Properties’ expanding portfolio, symbolizing its commitment to innovation and excellence in real estate.

Spread across a vast 436,175 sq. ft. of prime land with a striking 560-meter roadside elevation, the development overlooks the iconic Dubai Autodrome. It features three stunning residential towers comprising 788 premium units. Buyers can choose from a variety of options, including studios, one to three-bedroom apartments, penthouses, townhouses, and villas.

Complementing the residential spaces, the project boasts a 500-meter-long shopping boulevard, offering a dynamic retail and leisure experience designed to cater to residents’ diverse needs. With cutting-edge amenities, thoughtfully designed layouts, and elegant interiors, “Takaya” represents a bold vision for contemporary, upscale living.

Project Highlights and Ceremony

The enabling phase of the project is well underway, involving 995 foundation piles, 99,000 cubic meters of excavation, and a 500-meter shoring boundary. This critical stage is projected to wrap up in just six months.

On December 20, 2024, Union Properties celebrated the official groundbreaking with a high-profile ceremony. Esteemed attendees included Chairman Mr. Mohamed Fardan Ali Al Fardan, Vice Chairman Mr. Abdul Wahab Al Halabi, CEO and Board Member Eng. Amer Khansaheb, and Board Members Mr. Saif Al Serkal and Mr. Abdulrahman Sharaf.

Contributing to Dubai’s Growth

The launch of “Takaya” aligns with the UAE’s booming real estate sector and Dubai’s vision for sustainable urban growth. By delivering sophisticated developments like “Takaya,” Union Properties underscores its dedication to enhancing the city’s investment landscape and creating exceptional living experiences.

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