Union Properties Unveils Takaya in Dubai Motor City

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Union Properties has launched its new Takaya project in Dubai Motor City, aiming to redefine urban living with affordable luxury.

Union Properties Unveils Takaya in Dubai Motor City

Summary

Union Properties has launched the Takaya project in Dubai Motor City, offering affordable luxury with innovative amenities, aimed at attracting investors.

Union Properties PJSC has taken a significant step in the UAE's real estate market with the launch of its latest project, 'Takaya', located in Dubai Motor City. This ambitious development aims to set a new benchmark in urban living, targeting the mid-to-high range segment with a promise of exceptional living experiences.

During the launch event at the Ritz Carlton DIFC, CEO Eng. Amer Khansaheb emphasized the company's dedication to advancing Dubai's real estate landscape. The Takaya project is strategically designed to enhance the offerings within the Motor City's master community, presenting novel amenities that cater to a diverse clientele.

Spanning over 436,175 square feet, Takaya overlooks the iconic Dubai Autodrome and features a 500-metre retail boulevard. The development comprises three residential towers housing 744 luxurious yet affordable apartments, including studios, and one to three-bedroom units, alongside penthouses, townhouses, villas, and commercial spaces. The project is characterized by spacious living areas and attractive post-handover payment plans, distinguishing it from other market offerings.

Union Properties' strategic move with Takaya is poised to attract investors seeking competitive pricing and innovative living solutions. The project's location in Dubai Motor City, a hub of activity and connectivity, further enhances its appeal. With sleek finishes and state-of-the-art amenities, Takaya presents a compelling investment opportunity.

Given the promising outlook of the Takaya project and Union Properties' strategic positioning in the real estate market, the company's stock presents an attractive investment. Investors should consider a 'buy' recommendation, focusing on the potential for growth and value appreciation as the project progresses.

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Source

Press release

Summary

Union Properties has launched the 'Takaya' project in Dubai Motor City, aiming to enhance urban living in Dubai's real estate market. The project, unveiled at the Ritz Carlton DIFC, includes three residential towers with 744 apartments, penthouses, townhouses, villas, and commercial spaces. It features a 500-meter retail boulevard and overlooks the Dubai Autodrome. Takaya offers a range of unit sizes and competitive pricing, along with spacious living areas and a post-handover payment plan. The project is designed to attract investors and meet diverse customer needs, contributing to the development of Dubai's real estate sector.

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