Chinese giant starts work on $2bn revamp of Dubai's Motor City
Union Properties has launched Zawaya, a mixed-use development, as part of its $2bn strategy to create a new master plan for Motor City
China State Construction Engineering Corporation (CSCEC) has been picked to work on the Zawaya project in Dubai.
Union Properties has launched Zawaya, a mixed-use development, in Motor City, as part of its $2.1bn (AED8bn) strategy to develop a new master plan for the neighbourhood.
The Chinese contracting giant is carrying out excavation works for the project.
Zawaya, with a total floor area of 3.7ha, will include 400 residences, in addition to retail, food and beverage, and lifestyle spaces.
Properties in Zawaya will be built around a main town square, where residents will be able to host pop-up markets and gather for recreational activities.
Commenting on the project, Ahmed Yousef Khoury, group chief executive officer of Union Properties, said: "We are proud to officially announce the launch of Zawaya, [which] will redefine the concept of modern and integrated residential community with its iconic design.
"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 and mark a major milestone in Dubai’s real estate market."
CSCEC and UP signed a memorandum of understanding (MoU) in September 2017, at Cityscape Global, to create Motor City's new master plan.
The new layout includes 44 high- and low-rise buildings, more than 150 villas, and a range of residential, commercial, entertainment, and hospitality facilities.