Union Properties launches three residential towers in Motor City, Dubai

The development will overlook the district's racetrack and include 880 new apartments.

Dubai-based developer Union Properties has revealed a new integrated residential community project in Motor City that will include 880 new apartments spread across three buildings.

Motor City Views will overlook the famous racetrack located in the district and consist of 313 studios, 427 one-bedroom apartments, 133 two-bedroom apartments and seven three-bedroom units. Construction on the project will start by еру end of 2021 as soon as all approvals from Dubai authorities are received.

Union Properties' chairman Khalifa Hassan Al Hammadi said that more project launches would be forthcoming in residential, commercial and entertainment sectors within Motor City.  

The three new residential buildings will have seven floors each the gross floor area will be 857,184 square feet.  

The project also comprises recreational areas, sports halls and swimming pools.

'We look forward to launching more residential, commercial, hotel and entertainment projects within the master-planned Motor City. Once completed, our newest project will raise the bar higher in the local real estate market amid promising industry opportunities that are vital to UAE’s preparations for the next 50 years,' said Al Hammadi.

In the second quarter of 2021 the company's profit increased by 483 percent compared to the same period last year. The growth was attributed to higher revenues from sales.