Union Properties PJSC has signed an investment agreement with leading real estate company AQUA Properties to launch "Motor City Hills" in Motor City.
This project will be the first of its kind in the region. Phase 1 of the project involves of 415 three-story townhouse villas with an area of up to 3,000 square feet (sq ft), and include 4 bedrooms. Aqua Properties will play an exclusive role in the marketing and sales operations.
The project will be located on an area owned by Union Properties PJSC in the heart of Motor City. The project will include two types of villas, ranging between 2,500 to 3,000 sq ft, consisting of 4 en-suite bedrooms, including maids’ room. The project is designed as a residential project to accommodate family needs according to the highest standards and specifications. The project features a vibrant and spacious space combined with an array of exciting communal amenities, such as swimming pools, green playgrounds and children's play areas.
Ali Tumbi, the founder of Aqua Properties, said,
"We are very excited about this new project, consisting of uniquely designed three-story townhouses, as we have seen a change in the demand for the type of real estate during the last period as a result of the pandemic shifting to Villas and townhouses. This community will target mid-income residents who wish to live in a vibrant and fully developed community, such as Motor City, which already includes shops, schools, and hospitals, creating an integrated family-oriented community."
Tumbi said that sales would start in October.
The completion of the first phase is expected in August 2024.
News Source: Emirates News Agency
