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Union Properties

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Union Properties breaks ground ‘Mirdad’, another flagship AED 2 billion community development in Motor City

Union Properties PJSC (“Union Properties” or “the Company”) (DFM symbol: UPP) has officially broken ground on ‘Mirdad’, its AED 2 billion flagship project in Dubai Motor City, the Company’s second landmark development in the area. This milestone underscores Union Properties’ renewed growth strategy, centered on innovative master planning, architectural excellence, and
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ServeU, Union Properties’ subsidiary, and PureBlue Water collaborate to drive sustainable water and wastewater management across UAE

ServeU, a subsidiary of Union Properties and one of the UAE’s leading facilities management solutions providers, signed a strategic partnership agreement with PureBlue Water, a pioneer in sustainable water and wastewater treatment technologies, to deliver and maintain advanced distributed water treatment systems. The collaboration will contribute to the UAE’s long-term
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ServeU, a subsidiary of Union Properties, acquires House Keeping (LLC) at AED 100 million deal to expand market reach

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Union Properties PJSC (“Union Properties” or “the Company”) (DFM: UPP), through its subsidiary ServeU, a leading facilities management (FM) solutions provider in the UAE, has announced the strategic acquisition of House Keeping (LLC) and House Keeping Domestic Workers (LLC), including their subsidiary, in a deal valued at AED 100 million. This move reinforces ServeU’s
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Union Properties Reports 44% Gross Profit Growth in H1 2025, Signs AED 700 Million Sale Agreement

PR News Desk
Union Properties PJSC (“Union Properties” or “the Company”) (DFM: UPP) today announced its financial results for the second quarter of 2025, showcasing continued momentum in its transformation journey and solid progress across key operational and financial indicators. The Company reported AED 152.4 million in gross revenue for Q2 2025, representing a 19% year-on-year
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Union Properties signs AED 700 million sale agreement, paving way for sustainable growth

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PJSC (“Union Properties” or the “Company”) (DFM symbol: UPP), has signed a conditional sale agreement valued at AED 700 million for a significant Real Estate project in Motor City. This marks a pivotal milestone in the Company’s strategic roadmap, effectively concluding its comprehensive recovery plan which was designed to resolve all legacy debt settlements and […]
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Union Properties Delivers Strong Q1 2025 Results, Revenue Grows 18.2% and Pays Down AED179 million of Legacy Debt

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Union Properties PJSC (“Union Properties” or “the Company”) (DFM symbol: UPP) announced its financial results for the first quarter of 2025, reporting a strong start to the year with 18.2% increase in revenue, reaching AED163 million compared with AED138 million in Q1 2024. This revenue growth is expected to continue, supported by strategic initiatives and […]
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Union Properties officially breaks ground on its AED 2 billion ‘Takaya’ project in Dubai Motor City

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

‘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