Union Properties Reclaims Market Stake With Handover of Dh450 Million OIA Residences in Dubai Motor City

Union Properties, the UAE real estate developer with a 30-year record of delivering iconic residential developments, completed the handover of its latest project, OIA Residences at Dubai Motor City. From the onset, the project has garnered remarkable interest from investors and off-plan buyers seeking quality living experiences with a variety of amenities available within a mixed-use environment.

Developed at the cost of AED450 million, the G+5-floor building spans 184,000 sq. ft and includes 269 residential units ranging from one- to four-bedroom apartments and duplexes, now available for lease.

Commenting on the project handover, Ahmed Yousef Khouri, Board Member of Union Properties, said: “OIA Residences is a testament to our renewed strategic vision of enhancing the quality of residential units and retail projects in the local market, and ensuring greater value for residents and clients. The project handover paves the way for Dubai Motor City Phase 2 and subsequent further growth of the neighbourhood, establishing the rapidly emergent development as a premier lifestyle destination, entertainment hub and business centre in Dubai.”

The project, located in the heart of Dubai Motor City, boasts an eye-catching design. Inspired by modern Greek aesthetics, the latest addition to Union Properties’ diverse portfolio evokes the beauty of European islands.

Combining the comforts of low-rise apartment living with the benefits of a community lifestyle, the highly sought-after address with Mediterranean charm, impeccable design aesthetics, spacious floor plans, private gardens, and terraces provides direct access to outdoor swimming pools, a gym, a squash court, and jogging trails. The extensive range of leisure facilities is complemented by a wide variety of lifestyle amenities including community retail centres, cafés, restaurants, and open spaces.

Dubai Motor City is on the fast track to establishing itself as the ultimate destination development, offering a mix of entertainment, dining, and retail options within a pedestrian-oriented, mixed-use environment. The upcoming development phase will see the lifestyle-focused hub acquire a new retail area, a business park, and a dining and entertainment boulevard with a vast array of leisure options, cementing the status of Union Properties as a leader in the community development arena.