Union Properties launches 400-home cluster at Motor City

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

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

Most Viewed Companies

Ticker Price Volume
FUTUREKID 113.00 724,193
EXCH 0.00 0
DHBK 1.74 7,353,576
BKDB 0.17 0
AUB.KSE 0.00 0
EMIRATESNBD 20.35 2,849,915
ALRAJHITAKAFUL 181.00 178,926

Valuation

UPP Sector Market
P/E
Price/BookValue

Momentum

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

Top Related Companies

Ticker Price Change
SOKOUK 49.00 -0.20 (-0.41%)
ALDAR 8.10 0.10 (1.25%)
EMAAR 8.73 0.05 (0.57%)
MASAKEN 32.00 -1.50 (-4.48%)
EMAARDEV 8.82 -0.05 (-0.57%)

Recent News

EEC's capital optimization plan to shore up financial position and sustain growth: CEO

14/09/2024

RIYADH: Saudi master developer Emaar The Economic City's SR8.7 billion ($2.32 billion) capital optimization plan is a "strategic response" to its current financial challenges, according to its CEO. <

Saudi Gazette

Arabian Mills set final IPO price at $17.59 per share as CEO details growth vision

12/09/2024

Saudi wheat flour producer Arabian Mills for Food Products Co. has set its final initial public offering price at SR66 ($17.59) per share on the Tadawul main market. During the book-building proces

Arab News

SABIC-MCC joint venture starts output

04/05/2018

SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.

Saudi Gazette

S&P affirms QIB rating at A-

05/04/2018

Standard & Poor's (S&P) has affirmed QIB's Issuer Credit Rating at A-, Qatar's leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB's rating

Gulf Times

Qatar National Bank seeks growth in Southeast Asia

05/04/2018

Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told

The Peninsula

logo

Financial Information Co.

(MITCO), P.O. Box 69410, Riyadh 11547, Saudi Arabia

GCC Markets

Mutual Funds

News

Investment Tools

Sector News

Screeners

Indices & Commodities

Downloads

Copyright ©2001 - 2024, Financial Information Co. All Rights Reserved.

Terms of Services | Privacy Policy | Advertise with us | Contact Us | Sitemap