Dubai – Mubasher: Union Properties announced that it has commenced the sale of more than 200 units at its OIA Residence development in Dubai Motor City.
The UAE real estate developer offers investors and buyers the opportunity to explore the award-winning Mediterranean style community, which comprises over 260 ready-to-move-in one- to four-bedroom apartments in the heart of Dubai Motor City.
Investors can benefit from exclusive 30-month post-handover payment plans, in addition to a discount of 50% on Dubai Land Department’s (DLD) fees, Dubai-listed Union Properties said in a statement.
“OIA Residence is a prime example of Union Properties’ commitment to building quality residential and commercial communities across the UAE, thereby advancing the burgeoning real estate sector and contributing to the socio-economic development of the country,” the statement said.
The 269-residential apartment project is valued at AED 450 million ($122.5 billion).
By 10:50 am UAE time, Union Properties’ stock declined 1.15% at AED 0.60.
