Union Properties

NEWS DESK

Union Properties achieves exceptional financial results in fiscal year 2024

News Desk 1 13/02/2025 0

Union Properties PJSC (“Union Properties” or “the Company”) (DFM symbol: UPP), released its outstanding audited financial results for the fiscal year 2024, recording an operating profit of AED 161.8 million, with an annual growth rate of 59% percent, and a total comprehensive income of AED 395

NEWS DESK

Union Properties reduces legacy debt and signs new funding agreement

News Desk 1 05/02/2025 0

Union Properties PJSC (“Union Properties” or the “Company”) (DFM symbol: UPP) achieves a significant milestone in its recovery plan as it reduced its legacy debt of AED 1.47 billion (FY2022) to AED 575 million as of end of December 2024, and further targets reducing it by end of Q1 2025 by another AED 150 million. […]

NEWS DESK

Union Properties achieves total of AED 1.3 billion in plot sales

News Desk 1 28/01/2025 0

Union Properties PJSC (“Union Properties” or the “Company”) (DFM symbol: UPP), sold over AED 1.3 billion worth of plots, since the announcement of its 5-year turnaround strategy in April 2023, marking a significant milestone in the Company’s growth journey. This impressive sales figure underscores the Company’s success in achieving its declared plans. By leveraging market

NEWS DESK

Union Properties officially breaks ground on its AED 2 billion ‘Takaya’ project in Dubai Motor City

News Desk 1 23/12/2024 0

‘Union Properties PJSC’ (“Union Properties” or “the Company”) (DFM symbol: UPP), is set to redefine urban living as it breaks ground for its AED 2 billion “Takaya” project in Dubai’s Motor City community. Setting a new benchmark in the mid-to-high range segment, “Takaya” by Union Properties promises exceptional urban living experiences. The launch of “Takaya” […]

NEWS DESK

Union Properties officially launches ‘Takaya’ project in Motor City, aims to redefine urban living

News Desk 2 10/10/2024 0

‘Union Properties PJSC’ (“Union Properties” or “the Company”) (DFM symbol: UPP) has officially launched its new ‘Takaya’ project in Dubai Motor City, the Company’s latest milestone in Dubai’s Real Estate landscape designed to redefine sophisticated urban living. Takaya sets a new standard in the mid-to-high range segment, promising exceptional living experiences for its

NEWS DESK GCC UAE

TOP DRIVERS FROM THE REGION DESCEND ON “DUBAI AUTODROME”

News Desk 1 30/01/2024

The “Asian Le Mans Series” returns to Dubai Autodrome, a subsidiary of Union Properties, for the fourth consecutive year on the 4th of February 2024, and will see a total of 120 drivers in 42 cars across the LMP2, LMP3 and GT3 categories competing in the four-hour endurance race. Round three of the “Asian Le Mans Series” will take […]