Union Properties announces the launch of new mixed-use community focused development
Union Properties on Tuesday announced the launch of Zawaya, a new mixed-use development in Dubai's Motor City.
With the launch of Zawaya, Union Properties said it will be initiating the first phase of its new AED8 billion ($2.1 billion) masterplan for Motor City that was revealed recently.
China State Construction Engineering Corporation (CSCEC) has been hired to carry out the excavation work under the agreement.
Inspired by traditional community-focused neighbourhoods, properties in Zawaya will be built around a main town square, where residents can host pop-up markets, celebrate festive occasions and gather for recreational activities.
With a total floor area of nearly 400,000 square feet, and a retail space of 55,000 square feet, Zawaya will consist of 400 residences including studios, deluxe studios as well as one- and two-bedroom apartments.
The development will also include retail and leisure facilities, a wide range of restaurants and cafés, open green spaces, swimming pools, a fitness centre, and courts for squash and basketball.
Ahmed Yousef Khoury, Group CEO of Union Properties, said: "Union Properties is one the first real estate developers to design and create integrated residential communities in Dubai like Motor City. We are proud to officially announce the launch of Zawaya that will redefine the concept of modern and integrated residential community with its iconic design. Residents will be able to enjoy a close-knit community experience, as we provide them with a suitable and harmonious space for communication and co-existence.”
He added: “We are looking forward to launching more residential, commercial, hotel and leisure projects within the new masterplan for Motor City, which will redefine many concepts and mark a major milestone in Dubai’s real estate market.”