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Dubai’s Union Properties Plans Cheaper Hotels Amid Luxury

In Dubai, a city known for some of the world’s most luxurious hotels and penthouses, developer Union Properties PJSC is looking to tap demand from people who want to visit the sheikhdom without breaking the bank.

The company plans to build around 1,000 hotel rooms in the next five years to address a shortage in the middle- and lower-end of the market, managing director Ahmad Al Marri said in an interview.