Union Properties launch Green Community phase III

The company is introducing a purchase plan to allow the buyer/investor to pay only 50% till the handover date

Khalid Bin Kalban, chairman and Ahmad Al Marri, GM of Union Properties
Khalid Bin Kalban, chairman and Ahmad Al Marri, GM of Union Properties

Dubai based developer Union Properties officially launched the Green Community Phase III.

Khalid Bin Kalban, chairman of Union Properties, said: “The project sales launch represents the company’s efforts to meet the increased demand for quality units from end users, and buyers as well as the investor’s requirements for well-established neighbourhood.”

He added: “Having to expand new projects is a sign of confidence in the real estate market and for the housing market in particular. Green Community has a higher value on short and long-term investments; the community is eco-friendly, includes parks and green walkways. It is self-sufficient, with existing retail, banking, leisure, pools, health and fitness, medical, educational and commercial facilities."

The new phase will feature spacious units comprising mainly townhouses including health and leisure facilities such as gymnasium, outdoor swimming pools, jacuzzis, tennis courts, squash court and an event hall for social activities.

The company is introducing a flexible purchase plans to allow the buyer/investor to pay only 50% till the hand over date, and remaining 50% to be paid on flexible plan up to eight years based on the client’s needs.

The project spread over 137,773 sqm which includes 210 luxury 3-bed townhouses with construction value of $185m (AED680m).

Shapoorji Pallonji International has commenced work on the third phase of the Green Community development and Dewan Architects & Engineers is the project consultant.

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