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

Al Ramz Capital reappointed as liquidity provider for Union Properties

15/03/2018

Al Ramz Capital has been re-appointed as a liquidity provider for Union Properties Shares after obtaining the necessary approvals from Dubai Financial Market and signing the agreement.

A L

Gulf News

Union Properties swings to 2017 net loss

16/02/2018

Union Properties, a leading real estate developer in the UAE, has reported a net loss of Dh2.3 billion ($626 million) for the 12 months ending December 31, 2017 (equivalent to Dh0.55 loss per share)

Trade Arabia

Union Properties sells Emicool stake for Dh500m

22/01/2018

Union Properties announced on Sunday the sale of its entire stake in Emicool to Dubai Investments, which already owned a 50 per cent stake in Emicool, for Dh500 million. Union Properties said in a s

Gulf News

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
SOKOUK 57.50 0.20 (0.34%)
EMAAR 11.80 0.10 (0.85%)
ALDAR 7.60 0.10 (1.33%)
MASAKEN 39.30 0.70 (1.81%)
EMAARDEV 10.80 0.15 (1.40%)
Dubai's Al Ansari Financial Services completes $200m BFC deal in Bahrain

10/04/2025

The Dubai-based Al Ansari Financial Services is now the GCC's biggest non-banking financial services company.

The DFM-listed Al Ansari - which also operates the UAE's biggest remittance firm

Gulfnews

Hilton, Mabanee in deal to open largest coastal resort in Kuwait

10/04/2025

Kuwait-based real estate development company Mabanee and global hospitality major Hilton has announced the signing of an agreement for the development of its prime project - Hilton Kuwait Resort - th

Trade Arabia

Beyon sweeps 2025 Cybersecurity Excellence Awards

10/04/2025

Beyon Cyber, part of the Beyon Group, has been recognized with three major accolades at the 2025 Cyber Security Excellence Awards, one of the industry's most renowned awards, voted on by the global c

Trade Arabia

Estithmar Holding Q.P.S.C General Assembly Elects Board Members

10/04/2025

Estithmar Holding Q.P.S.C. announced the results of the ordinary and extraordinary general assembly meeting held on April 9, 2025, to elect 11 members for the Board of Directors of Estithmar Holding

Gulf Times

Saudi Aramco discovers 14 new oil, gas fields

10/04/2025

Saudi Aramco has made a series of groundbreaking oil and gas discoveries in the Eastern Province and the Empty Quarter, further cementing Saudi Arabia's position as a global energy leader.

A

Arab News