Dubai, UAE
Union Properties PJSC, a Dubai-based publicly-listed developer, said It broke ground for Takaya that kicks off the enabling construction of the Dh2 billion project that will deliver 788 luxury homes in Dubai’s Motor City community.
The launch of Takaya marks a crucial turning point in the evolution of Union Properties’ ambitious portfolio, the company says. The mixed-use development, which overlooks the Dubai Autodrome, spans 436,175 square feet of land and with a roadside elevation of 560 meters and features three residential towers with 788 luxury housing units, including studios, 1, 2, 3 BRs, in addition to penthouses, townhouses, and villas.
“Additionally, the development boasts an exquisite 500-meter-long shopping boulevard to meet the varying needs of residents. With its modern amenities, spacious layouts, and sleek finishes, Takaya is a testament to Union Properties’ vision of offering buyers an upscale living environment,” the company said.
Takaya’s enabling package involves 995 foundation piles, 99,000 cubic meters of excavation (earthworks), and a 500-meter-long shoring boundary, which will be completed in six months.
The ground-breaking ceremony, which was held on December 20th, 2024, was attended by Mohamed Fardan Ali Al Fardan, Chairman, Abdul Wahab Al Halabi, Vice Chairman, Amer Khansaheb, CEO and Board Member, Saif Al Serkal, Board Member, and Abdulrahman Sharaf, Board Member, Union Properties. With this latest move, Union Properties seeks to propel the development of a project that promises to support the UAE’s booming real estate industry. More importantly, the project showcases the company’s strategic focus on delivering advanced developments that redefine urban living, while contributing to Dubai’s long-term vision for sustainable growth and investment appeal.
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