Real Estate
Union Properties Launches Zawaya in Motor City and Begins Excavation Work
Union Properties PJSC, among the largest real estate designers in the United Arab Emirates, today revealed the launch of 'Zawaya', a new mixed-use advancement in Electric motor City, and the beginning of its excavation work.
With the launch of Zawaya, Union Properties will certainly be launching the initial phase of its new masterplan for Electric motor City that was exposed recently, which is presently approximated to have a completion expense of over AED 8 billion. China State Construction Engineering Corporation (CSCEC) remains in charge of the excavation job under the agreement, which was authorized recently by both business to complete the new masterplan.
Inspired by traditional community-focused communities, the project boasts a unique building design that fulfills the needs of modern life in all its aspects and intends to develop a vibrant, integrated, and lasting community within the larger Electric motor City area. Properties in 'Zawaya' will certainly be built around a major community square, which will certainly serve as the heart of the community, where residents could host pop-up markets, commemorate joyful occasions and gather for recreational activities.
With a complete floor location of almost 400,000 square feet, and a retail area of 55,000 square feet, 'Zawaya' will include 400 houses including studios, luxurious workshops in addition to one- and two-bedroom houses. The 148,000-square foot advancement will likewise consist of retail and leisure facilities, a wide variety of restaurants and cafs, open green areas, pool, a fitness center, and courts for squash and basketball. 'Zawaya' will also offer a modern way of life that improves the total living requirement of its residents and will include substantial value to Motor City.
Commenting on the project,Ahmed Yousef Khoury, Group CEO of Union Properties, said: "Union Properties is one the very first realty developers to design and create integrated household neighborhoods in Dubai like Electric Motor City. We are happy to formally introduce the launch of 'Zawaya' that will certainly redefine the concept of modern and integrated domestic community with its renowned design. Residents will have the ability to take pleasure in a dense community experience, as we give them with an appropriate and harmonious space for communication and co-existence."
"We are anticipating launching much more domestic, commercial, hotel and leisure tasks within the new masterplan for Motor City, which will certainly redefine several concepts and mark a major turning point in Dubai's real estate market," added Khoury.