Union Properties has officially launched its latest and highly anticipated project, ‘Takaya,’ marking a key milestone in the evolution of Dubai’s real estate landscape. The unveiling took place at a prestigious event hosted at the Ritz Carlton in Dubai International Financial Centre (DIFC), where Eng. Amer Khansaheb, the CEO and Board Member of Union Properties, highlighted the company’s dedication to shaping the future of Dubai’s real estate market.
Designed to elevate the offerings within Dubai Motor City, the ‘Takaya’ project is a mixed-use development with a projected value of AED 2 billion ($544 million). The project covers an expansive plot of 436,175 square feet and includes three residential towers overlooking the iconic Dubai Autodrome. The development will feature 744 residential units, ranging from studios to spacious penthouses, townhouses, villas, and commercial spaces, providing luxurious living at accessible price points.
Eng. Khansaheb emphasized the innovative and sustainable approach of the project, which aims to enhance the master community while catering to a diverse customer base. “With Takaya, we are committed to delivering unparalleled amenities that not only attract investors but also meet the evolving needs of our residents,” he remarked. The development is set to include a 500-metre retail boulevard and a variety of upscale facilities, such as outdoor sports courts, leisure pools, jogging paths, and children’s play areas.
Takaya will also incorporate cutting-edge smart building management systems, designed to optimize energy use and reduce operational expenses. Each tower’s ground floor will host an array of retail, dining, and essential service outlets, creating a vibrant community environment. Additionally, the project will provide 150 parking spaces, all equipped with electric vehicle (EV) charging stations.
As part of its broader vision, Union Properties plans to launch projects valued at AED 6 billion ($1.63 billion) over the next 18 months. “Our extensive market expertise allows us to seize new opportunities, and we are committed to creating future-ready environments that offer residents an exceptional quality of life,” Khansaheb added.
Takaya is slated for completion in Q4 2027, further contributing to Union Properties’ goal of delivering innovative, sustainable, and vibrant communities across Dubai.
