Union Properties lays foundation stone of 'Motorcity Views' at $217.8mln

New project is positioned in the heart of Motorcity consisting of 3 buildings each of 7 storeys

  
FILE IMAGE: Union Properties reveals Masterplan for MotorCity. Image used for illustrative purpose.

FILE IMAGE: Union Properties reveals Masterplan for MotorCity. Image used for illustrative purpose.

Union Properties / Handout via Zawya

DUBAI - Union Properties PJSC, Dubai's real estate developer, in cooperation with the contracting company Airolink, has launched the preliminary construction works for its latest real estate project, "Motor City Views" that was announced earlier in August, at an estimated cost of AED800 million.

This came in a ceremony held yesterday at the project site at Motorcity, Al Hudaiba 2, Dubai, with the participation of Abdullah Al Rustumani, General Manager of Union Properties, in addition to Executive Managers from both companies and the engineers who will supervise the construction of the project.

The new project is positioned in the heart of Motorcity consisting of 3 buildings each of 7 storeys featuring commercial spaces for retail stores, restaurants, shopping centres and apartments, consisting of 880 apartments, varying between 313 studios, 427 one-bedroom apartments, 133 two-bedroom apartments, and 7 three-bedroom apartments.

On this occassion, Khalifa Hasan Al Hammadi, Chairman of the Board of Directors of Union Properties, said, "We are proud today with the coordination of the contractor Airolink to lay the foundation stone and launch the project "Motorcity Views", which represents a real return for Union Properties PJSC as a leading real estate developer with a distinguished reputation that spans more than three decades and a foundation for future developments." He added that the board of directors’ efforts were devoted to returning the company to the ranks of the leading real estate developers in Dubai.

From his side, Al Rustumani, said that the main objective of the "Motorcity Views" project is to provide a distinct residential destination and a new urban landmark, with a qualitative addition that enriches the urban development in Dubai through the construction of a diversified residential complex equipped with the latest integrated facilities.

© Copyright Emirates News Agency (WAM) 2021.


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