Dubai's Union Properties gets its mojo back with 'Motor City Views' launch
UP shareholders to be given preference in sales of new offplan units
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Dubai: The Dubai developer Union Properties has launched its first project in some time, with the community-themed ‘Motor City Views’ spread over 857,184 square feet. The project will overlook the high-profile racetrack that is already such an integral part of the broader Motor City.
Preference will be given to Union Properties’ shareholders on the units making up the latest release. This comes on the back of improving results for the developer. The latest launch announcement is also well-timed given the increased level of interest some of Dubai’s emerging residential communities are getting from end-users.
Mid-market offering?
The Motor City Views will have 880 apartments, with 313 studios, 427 one-bedroom apartments, 133 two-beds, and 7 three-room apartments. These are divided into three buildings with seven floors and are serviced by recreational areas designated for residents such as air-conditioned sports halls, covered children's games and swimming pools for different age groups.
“We are proud to be one of the first real estate companies in Dubai to embrace and spread the concept of integrated residential communities," said Khalifa Hassan Al Hammadi, Chairman. "The concept adoption reflects our strong emphasis on quality property developments through which we can contribute to the emirate’s booming real estate industry and impressive urban scene.
“We look forward to launching more residential, commercial, hotel and entertainment projects within the masterplanned Motor City."
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