Targeted at the mid-to-high-end market, Takaya offers a premium living experience. The project was unveiled at the Ritz Carlton DIFC, where CEO Eng. Amer Khansaheb highlighted its importance in advancing Dubai’s real estate sector.
Takaya spans 436,175 sq ft, overlooking the Dubai Autodrome, and includes a 500-metre retail boulevard. The development features three residential towers with 744 luxurious yet affordable apartments, including studios, one, two, and three-bedroom units, penthouses, townhouses, and villas.
Khansaheb described Takaya as a symbol of innovation and sustainability, aiming to redefine urban living in Dubai. He also noted Motor City’s growing popularity among global investors.
Dubai Land Department data reveals a surge in property transactions in Motor City, driven by high demand for off-plan projects. The UAE real estate market is projected to reach $700B by 2024, growing to $800B by 2028.
Takaya’s amenities include sports courts, pools, co-working spaces, and EV parking. The project offers a flexible payment plan, with 60% due during construction and 40% post-handover. The handover is scheduled for Q4 2027.
Union Properties plans to launch AED 6B ($1.6B) in projects over the next 18 months.