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04/04/2018 06:14 AST
Union Properties has launched a new mixed-use cluster at its Motor City master-development.
The "Zawaya" represents the first phase of the developer's new master plan for Motor City, itself expected to have a completion cost of Dh8 billion plus.
With a total floor area of nearly 37,000 square metres, and a retail space of 5,100 square metres, Zawaya will consist of 400 residences.
"We are looking forward to launching more residential, commercial, hotel and leisure projects within the new master plan for Motor City, which will redefine many concepts," said Ahmad Yousuf Khoury, Group CEO.
Gulf News
15/03/2018
Al Ramz Capital has been re-appointed as a liquidity provider for Union Properties Shares after obtaining the necessary approvals from Dubai Financial Market and signing the agreement.
A L
Gulf News
16/02/2018
Union Properties, a leading real estate developer in the UAE, has reported a net loss of Dh2.3 billion ($626 million) for the 12 months ending December 31, 2017 (equivalent to Dh0.55 loss per share)
Trade Arabia
22/01/2018
Union Properties announced on Sunday the sale of its entire stake in Emicool to Dubai Investments, which already owned a 50 per cent stake in Emicool, for Dh500 million. Union Properties said in a s
Gulf News
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26/04/2025
Adnoc Distribution, a leading fuel distributor and convenience store operator, has unveiled plans for a major expansion of its electric vehicle (EV) charging infrastructure, increasing its charging p
Trade Arabia
25/04/2025
Saudi Awwal Bank (SAB), one of the leading banks in Saudi Arabia, has signed SR2 billion credit facility agreement with the Saudi Binladin Group, a subsidiary of Binladin International Holding Group,
Saudi Gazette
24/04/2025
The Dubai-based logistics firm Aramex has confirmed a new acting CEO after Othman AlJeda, the incumbent, resigned for personal reasons.
The change at the top comes just weeks after Abu Dhabi
Gulfnews
24/04/2025
The leading UAE banks have put up some sizable growth in their Q1-2025 results, with ADIB's net profit before tax totalling Dh1.9 billion - and that's from an impressive 18% gain year-on-year.
Gulfnews
24/04/2025
Salalah Port has received five modern dual-fuel methanol-powered container vessels from Maersk's fleet, marking a significant milestone in the port's infrastructure development and readiness to accom
Times of Oman
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