Zawaya first phase of new masterplan for Motor City which is currently estimated to have a completion cost of $2.2bn
Union Properties says China State Construction Engineering Corporation (CSCEC) has begun excavation work on its newly launched ‘Zawaya’ mixed-use development in Dubai’s Motor City According to the real estate developer, Zawaya initiates the first phase of its new masterplan for Motor City which is currently estimated to have a completion cost of $2.2 billion.
‘Zawaya’ has a total floor area of nearly 37,000sqm, and a retail space of 5,000sqm and will comprise 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.
Union Properties says properties in Zawaya will be built around a main town square, which will serve as the heart of the community, where residents can host pop-up markets, celebrate festive occasions and gather for recreational activities. Zawaya will also provide a modern lifestyle that improves the overall living standard of its residents and will add significant value to Motor City, adds the developer.
“Union Properties is one the first real estate developers to design and create integrated residential communities in Dubai like Motor City,” said Ahmed Yousef Khoury, group CEO of Union Properties. “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. 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.”