The Parisian-inspired retail expansion is planned for the Motor City development in Dubailand. Sean Cronin / The National
The Parisian-inspired retail expansion is planned for the Motor City development in Dubailand. Sean Cronin / The National

Union Properties plans Dubai version of Paris’s Champs-Elysées shopping strip



Union Properties plans to build a Champs-Elysées-inspired shopping strip in Dubai as part of a major push into retail development.

It comes as the company returns to large-scale development after being hit hard by the collapse of property prices in 2008.

Now the company best known for its Motor City and Green Community developments is planning to boost the retail offering across both of these.

“The design of the building and roads will give you the same impression as the Champs-Elysées,” said Ahmad Khalaf Al Marri, the general manager of Union Properties in an interview at the Cityscape exhibition.

The Parisian-inspired retail expansion is planned for the Motor City development in Dubailand.

Union Properties last month unveiled plans for six new projects at Motor City worth some Dh1.5 billion over the next three years.

Property developers descended on the three-day Cityscape exhibition in Dubai as confidence returns to the Dubai property market amid a series of new and old project launches.

The Avenue des Champs-Élysées in Paris is known for its expensive shops and its proximity to monuments including the Arc de Triomphe. As well as being celebrated in song, the verdant street is sometimes called “la plus belle avenue du monde” (the loveliest street in the world).

scronin@thenational.ae

COMPANY%20PROFILE
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COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
The specs
Engine: 2.0-litre 4-cyl turbo

Power: 201hp at 5,200rpm

Torque: 320Nm at 1,750-4,000rpm

Transmission: 6-speed auto

Fuel consumption: 8.7L/100km

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Herc's Adventures

Developer: Big Ape Productions
Publisher: LucasArts
Console: PlayStation 1 & 5, Sega Saturn
Rating: 4/5

Vidaamuyarchi

Director: Magizh Thirumeni

Stars: Ajith Kumar, Arjun Sarja, Trisha Krishnan, Regina Cassandra

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Director: John Madden 

 

Cast: Colin Firth, Matthew Macfayden, Kelly Macdonald and Penelope Wilton

 

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If you go
Where to stay: Courtyard by Marriott Titusville Kennedy Space Centre has unparalleled views of the Indian River. Alligators can be spotted from hotel room balconies, as can several rocket launch sites. The hotel also boasts cool space-themed decor.

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Power: 400hp

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Transmission: 9-speed automatic

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Director:Shakun Batra

Stars:Deepika Padukone, Siddhant Chaturvedi, Ananya Panday, Dhairya Karwa

Rating: 4/5

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Six pitfalls to avoid when trading company stocks

Following fashion

Investing is cyclical, buying last year's winners often means holding this year's losers.

Losing your balance

You end up with too much exposure to an individual company or sector that has taken your fancy.

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The specs

Engine: 2.3-litre, turbo four-cylinder

Transmission: 10-speed auto

Power: 300hp

Torque: 420Nm

Price: Dh189,900

On sale: now

Emergency

Director: Kangana Ranaut

Stars: Kangana Ranaut, Anupam Kher, Shreyas Talpade, Milind Soman, Mahima Chaudhry 

Rating: 2/5

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Match info:

Manchester City 2
Sterling (8'), Walker (52')

Newcastle United 1
Yedlin (30')

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- 5 wins in 22 months as pro
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A timeline of the Historical Dictionary of the Arabic Language
  • 2018: Formal work begins
  • November 2021: First 17 volumes launched 
  • November 2022: Additional 19 volumes released
  • October 2023: Another 31 volumes released
  • November 2024: All 127 volumes completed
Company profile

Name: Infinite8

Based: Dubai

Launch year: 2017

Number of employees: 90

Sector: Online gaming industry

Funding: $1.2m from a UAE angel investor