Union Properties PJSC announces Motor City Views project
Union Properties PJSC, Dubai's iconic real estate developer listed on the Dubai Financial Market (DFM) with a portfolio of diverse subsidiaries, has revealed its latest development project named Motor City Views, which is one of the emirates upcoming integrated residential communities. The recent project is expected to add value to the emirates comprehensive urban redevelopment efforts. Construction operations are expected to begin by the end of this year after obtaining the final approvals from Dubai authorities.
Situated in the heart of Motor City and overlooking its famous racetrack, Motor City Views has a total gross area of approximately 857,184 sq. ft. Shareholders will have a purchase priority in the location.
Motor City Views features 880 residences comprising 313 studios, 427 one-bedroom apartments, 133 two-bedroom apartments, and 7 three-room apartments with a contemporary design and warm colors, giving the interiors a comforting effect.
The apartments 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 playground, and swimming pools of different sizes for all age groups. The buildings include a retail area that comprises a shopping mall with diverse shops, restaurants, and various recreational activities to meet the needs of the residential community.
We are proud to become one of the first prominent real estate companies in Dubai to embrace and implement the concept of integrated residential communities. This reflects our strong emphasis on quality property developments through which we can contribute to the emirates booming real estate industry and impressive urban scene. The Motor City Views project, the latest in our investment portfolio, is the true embodiment of this innovative concept, which seeks to provide an integrated lifestyle to those who are looking for unique real estate units. said H.E. Khalifa Hassan Al Hammadi, Chairman of the Board of Directors, Union Properties PJSC.
Al Hammadi added We look forward to launching more residential, commercial, hotel, and entertainment projects within Motor City. Once completed, our newest project will raise the bar even higher in the local real estate market amid promising industry opportunities that are vital to the UAEs preparations for the next 50 years. At Union Properties, we reaffirm our relentless endeavors to develop and build outstanding residential and commercial communities throughout the UAE. This commitment forms part of our efforts to enhance the property markets competitiveness, given that the sector plays a major role in diversifying the national economy and bolstering the countrys comprehensive growth and development..
