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

Union Properties plans Dh2 billion Dubai home community after 68% revenue jump

24/07/2026

Union Properties is progressing plans for a new Dh2 billion residential community as the Dubai developer moves ahead with an approximately Dh4 billion project pipeline following a 68% increase in fir

Gulfnews

Union Properties approves first dividend in 11 years

08/04/2026

In a landmark decision, shareholders of Union Properties PJSC have approved the distribution of a cash dividend of 3 fils per share, marking the company's first dividend payout in 11 years.

Khaleej Times

Union Properties joins Massachusetts institute's industrial liaison programme

06/03/2026

Union Properties, one of the UAE's leading master developers, said it has entered into a membership agreement with the Massachusetts Institute of Technology (MIT) through its globally recognised Indu

Trade Arabia

Ticker Price Volume
UPP Sector Market
P/E
Price/BookValue
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
EMAAR 11.38 -0.02 (-0.18%)
ALDAR 8.16 0.04 (0.49%)
EMAARDEV 12.80 -0.08 (-0.63%)
ERES 0.80 0.02 (2.56%)
TECOM 3.29 0.02 (0.61%)
Al Salam Bank's It's Your Moment campaign launched

06/10/2026

AL Salam Bank announced the launch of its 'It's Your Moment' campaign featuring exclusive, limited-time draws for women through Danat and Danat Plus accounts during October and November 2026.

GDN Online

APM Terminals Bahrain joins Made in GCC 2026 as partner

06/10/2026

APM Terminals Bahrain has been announced as a partner for the inaugural Made in GCC 2026 Forum and Exhibition, set to start today at Exhibition World Bahrain.

Held under the patronage of His

GDN Online

Strong demand for NBK Al Manzel program

06/10/2026

The NBK Al Manzel program has witnessed strong demand from customers since its launch, reaffirming its position as one of the leading housing finance solutions in the local market. This success is dr

Kuwait Times

Zain Group earns 2026 MEIRA Gold Standard Certification for Investor Relations excellence

06/10/2026

Zain Group, a leading regional TechCo, has earned the 2026 MEIRA Gold Standard Certification, a new recognition introduced by the Middle East Investor Relations Association (MEIRA) to benchmark excel

Kuwait Times

Saudi Arabia's SAL Expands Logistics Options as Global Trade Map Shifts

06/10/2026

The speed and cost of transporting shipments are no longer the only factors determining companies' choices in the logistics services market. Geopolitical disruptions and changes in global trade route

Asharq Al Awsat