Dubai-based developer Union Properties (UPP) has announced the launch of its new Takaya project, a major investment valued at AED 1.159 billion, which is approximately $315 million. This ambitious project is expected to bring in a profit of AED 200 million and is set for completion by October 2027.
The Takaya project will be strategically located with a prime view of the Dubai Autodrome in Motor City. It will feature a combination of residential towers, luxurious villas, and commercial spaces, offering a wide range of living and business options. The project aims to cater to various lifestyles, providing modern housing solutions as well as top-notch commercial facilities.
This development highlights Union Properties’ ongoing efforts to contribute to Dubai’s growing real estate sector. The company remains focused on meeting the increasing demand for high-quality residential and commercial spaces in the city, particularly in areas like Motor City. The Takaya project is seen as an important step in enhancing the urban landscape and delivering new, attractive options for both residents and businesses.
By undertaking this significant project, Union Properties is reaffirming its commitment to shaping Dubai’s future real estate market, while offering innovative and appealing developments that align with the city’s vision for growth and modernization.
