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 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

Dubai's Union Properties set to pay dividend for first time in 11 years

17/02/2026

After more than a decade without shareholder payouts, Union Properties is set to revive dividend payments following a year of improved earnings, record cash balances and renewed financial stability.

Gulfnews

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 11.24 -0.42 (-3.61%)
ALDAR 7.79 -0.09 (-1.15%)
EMAARDEV 13.72 -0.20 (-1.44%)
ERES 0.90 0.01 (1.12%)
TECOM 3.38 -0.17 (-4.79%)
Kuwait Airways to operate 728 weekly flights across 58 destinations in June

25/05/2026

Kuwait Airways will operate around 728 weekly flights to 58 global destinations in June, following approvals from relevant authorities, Acting CEO Abdulwahab Al-Shatti said.

According to Kuw

Gulfnews

FAB mobilises $103.74bn in sustainable and transition finance

25/05/2026

First Abu Dhabi Bank (FAB), the UAE's global bank and one of the world's largest financial institutions, facilitated AED381 billion ($103.74 billion) in sustainable and transition finance between 202

Trade Arabia

Oman Fisheries board quits over liquidity crisis

25/05/2026

Oman Fisheries Company has announced the collective resignation of its board of directors and called for an extraordinary general meeting, citing an acute and irreversible liquidity crisis that has l

Muscat Daily

Shurooq, Sanam to develop new K-12 school in Sharjah

25/05/2026

The Sharjah Investment and Development Authority (Shurooq) has announced that it has signed an agreement with Sanam Group's education platform to develop a new K-12 school in the emirate.

Th

Trade Arabia

ADIB, DAMAC ease path to homeownership with new finance solution

25/05/2026

Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, and DAMAC Properties, a leading private real estate developer in the Middle East, have launched a landmark home financing plan

Trade Arabia