11/01/2026 03:10 AST

Union Properties has announced the launch of Mirdad Tower 2, a signature residential tower within its AED2 billion ($544.6 million) Mirdad master-planned development in Dubai's Motor City.

Rising G+31 floors, the tower reinforces Union Properties' long-term vision to deliver design-led, lifestyle-centric communities aligned with Dubai's evolving urban landscape.

Mirdad Tower 2 introduces a thoughtfully curated mix of studios, one, two and three bedroom apartments, complemented by a limited collection of loft residences. Designed as a contemporary vertical community, the tower reflects a balanced approach to modern living, combining architectural refinement, functional layouts, and enduring liveability to meet the needs of end-users and investors alike.

The tower is underpinned by a core philosophy of sustainable luxury, where intelligent planning enhances both lifestyle quality and long-term value. Residences are designed to optimise space efficiency, natural daylight, and comfort, while the loft units provide expansive layouts for residents seeking a distinctive living experience within a dynamic, community-driven environment.

Strategically located in the heart of Motor City, Mirdad offers residents a well-connected address with direct access to major road networks and key destinations across Dubai. The development has been positioned to capitalise on Motor City's growing appeal as a residential and investment hub, driven by strong infrastructure, lifestyle offerings, and long-term growth potential.

Residents of Mirdad Tower 2 will enjoy access to more than 26 integrated lifestyle amenities, including wellness and fitness facilities, coworking spaces, leisure and entertainment zones, children's play areas, landscaped outdoor environments, and community social hubs. Integrated retail components further enhance daily convenience, reinforcing the development's vision of a self-sustained, holistic living ecosystem.

Sustainability is a central pillar of the development, with the incorporation of smart building technologies, high-efficiency energy systems, landscaped green spaces, and EV charging infrastructure across 50% of parking spaces. These features align with Union Properties' commitment to responsible development and future-ready urban solutions.

Eng Amer Khansaheb, Chief Executive Officer and Board Member of Union Properties, said: "The launch of Mirdad Tower 2 represents a key milestone in the execution of our AED2 billion Mirdad master plan. It reflects our disciplined approach to development, one that prioritises quality, sustainability, and long-term community value. Mirdad underscores our confidence in Dubai's Real Estate fundamentals and our role as a master developer delivering integrated communities that respond to the growing demand for well-designed, mid- to high-end residential offerings."


Trade Arabia

Dubai's Union Properties set to pay dividend for first time in 11 years

17/02/2026

After more than a decade without shareholder payouts, Union Properties is set to revive dividend payments following a year of improved earnings, record cash balances and renewed financial stability.

Gulfnews

Union Properties slashes more debt, eyes new projects after strong Q1

09/05/2025

Union Properties is picking up the pace on its turnaround playbook-posting double-digit revenue growth, slashing legacy debt, and laying the groundwork for a more aggressive return to project launche

Gulfnews

Union Properties launches 400-home cluster at Motor City

04/04/2018

Union Properties has launched a new mixed-use cluster at its Motor City master-development.

The "Zawaya" represents the first phase of the developer's new master plan for Motor City, itself

Gulf News

Ticker Price Volume
UPP Sector Market
P/E
Price/BookValue
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
EMAAR 13.65 0.10 (0.73%)
ALDAR 8.66 0.36 (4.33%)
EMAARDEV 14.90 0.15 (1.01%)
ERES 1.12 0.01 (0.90%)
MABANEE 1,050.00 -6.00 (-0.57%)
Oman Oil Marketing Company reports minor damage following storage tank attack

05/03/2026

The Oman Oil Marketing Company (OOMCO) has formally announced that one of its fuel storage tanks on March 3 the subject of an incident. In a statement released on March 4, the company confirmed that

Muscat Daily

UAE telecom firm du says its network is operating normally

05/03/2026

Emirates Integrated Telecommunications Company (du) on Wednesday assured its operational readiness and confirmed its infrastructure and core systems were operating normally.

Providing a busi

Khaleej Times

UDC approves 5.5% cash dividend distribution equivalent to QAR 194.7 million

05/03/2026

The annual ordinary general assembly meeting of the United Development Company (UDC), a leading Qatari public shareholding company and the master developer of The Pearl and Gewan Islands, approved th

Gulf Times

Alba boosts Bahraini leadership pipeline through key appointments

05/03/2026

Aluminium Bahrain (Alba), the world's largest aluminium smelter on one site, has announced a set of leadership appointments that underscore its long-term commitment to succession planning, leadership

Trade Arabia

AD Ports Group confirms normal operations amid regional conflict

05/03/2026

The AD Ports Group on Wednesday, March 4, confirmed that all its operations continue normally in light of current regional developments.

As a precautionary measure, the group has activated i

Khaleej Times