Union Properties PJSC has officially introduced its latest project, ‘Takaya,’ in Dubai Motor City. This ambitious development promises to elevate the concept of sophisticated urban living within Dubai’s real estate landscape. Positioned as a mid-to-high-range offering, Takaya features a blend of affordable luxury and innovative amenities, set to cater to diverse customer needs.
The grand unveiling took place at the Ritz Carlton DIFC, where Eng. Amer Khansaheb, CEO and Board Member of Union Properties, emphasized the project’s role in advancing Dubai’s real estate sector. Takaya will not only enhance the Motor City master community but also introduce fresh, unique amenities that are expected to attract investors and homebuyers alike.
A Landmark Development in Motor City
Situated on a 436,175 sq. ft. plot with views of the iconic Dubai Autodrome, Takaya offers an impressive 500-metre retail boulevard and includes three residential towers comprising 744 luxury apartments. The project provides a variety of unit sizes, including studios, 1, 2, and 3-bedroom apartments, alongside townhouses, penthouses, and villas. Commercial spaces are also available, making Takaya a comprehensive mixed-use development.
“This launch reflects our unwavering commitment to innovation, sustainability, and excellence,” stated Eng. Amer Khansaheb. “At Union Properties, our goal is to create exceptional living experiences, and the Takaya project aligns with our long-term vision of delivering quality and value to our customers. With its unique location overlooking the Dubai Autodrome, Takaya will reshape the standards of modern urban living.”
Innovative Design and Sustainable Living
Takaya has been meticulously crafted to balance functionality with comfort. The development incorporates smart building management systems to lower energy consumption and operational costs. Residents will enjoy upscale amenities such as outdoor sports courts, swimming pools, a jogging track, kids’ play areas, multipurpose rooms, and a cinema/AV room. Retail outlets, cafes, and services are integrated into the ground floor of each tower, enhancing convenience for residents.
A key focus of the project is sustainability. Takaya integrates environmentally friendly materials, high-performance facades that exceed green building standards, and a variety of green spaces, including a central garden. The project’s sustainable design ensures reduced utility costs and longevity, while also providing facilities like EV charging stations and sports facilities, including basketball courts, a squash court, and jogging tracks.
Flexible Payment Plans and Market Growth
Takaya’s competitive pricing and payment plan are set to attract both investors and homebuyers. The flexible payment structure requires 60% of the cost to be paid during the three-year construction phase, with the remaining 40% due over three years post-handover, offering significant financial flexibility. The project is expected to be completed by Q4 2027.
Eng. Amer Khansaheb added, “The real estate market in Motor City has shown strong growth, driven by increasing demand for off-plan projects. This has positively impacted property values in the area, further enhancing its appeal as a hub for investors and homebuyers. We anticipate continued growth within the UAE’s real estate sector, with projections pointing to a market value of USD 0.7 trillion by 2024 and USD 0.8 trillion by 2028.”
Union Properties remains committed to its vision of reshaping urban living in Dubai. The company plans to launch AED 6 billion worth of projects over the next 18 months, continuing its strategic expansion within Dubai’s real estate market.
For more details, visit Union Properties’ website.