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Dh450 million UP project for MotorCity

Oia Residences will have 269 units, completion by end-2017 Union Properties has awarded the main construction contract for its Dh450 million Oia Residences in MotorCity to China State Construction Engineering Corporation Middle East (CSCEC). “We have commenced work on the project and we expect to complete it by end of 2017,” said company Chairman Khalid…

Dubai’s newest ‘discount’ shopping destination opens this year

Design of The Outlet Village is inspired by a hilltop town in Tuscan countryside Meraas, a Dubai-based holding company, will open – The Outlet Village – adjacent to Dubai Parks and Resorts in the third quarter of 2016. The mall will offer discounted high-end brands merchandise all year round and will feature 25,000 square metres…

Danube launches sixth affordable housing project in Dubai

Danube Properties is confident of selling the Glamz project within a month and expects to launch two more schemes in Dubai before the end of the year, the chairman said on Tuesday. “Rather than only Glamz I, I should have also launched II, III, and IV. I know this will be sold. Before Ramadan, I…

Union Properties revs up with Motor City projects

New round of projects will help cash flow and a return to higher growth, says Chairman Dubai: Union Properties will regain cash flow stability from the series of new projects it has taken on at the 3.5 million square metre Motor City master-development, according to a top official. These include a new residential project (unveiled…