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Union Properties

Union Properties launches $540m ‘Takaya' in Motor City

Union Properties has launched its AED2 billion ($540 million) ‘Takaya’ project in Dubai Motor City. The company’s latest milestone in Dubai’s real estate landscape designed to redefine sophisticated urban living, Takaya

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Union Properties reports $4.98m net profit in Q2

Union Properties posted a net profit of AED 18.3 million ($4.98 million) in the second quarter (Q2) of 2024, an achievement that the company attributed to its robust operational strategies and effective cost management. Sustained by the

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Union Properties reports $4.98m net profit in Q2

Union Properties posted a net profit of AED 18.3 million ($4.98 million) in the second quarter (Q2) of 2024, an achievement that the company attributed to its robust operational strategies and effective cost management. Sustained by the

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Union Properties swings to Q2 net profit

Dubai-based Union Properties has reported a net profit of AED17.7 million ($4.8 million) for the three-month period ended June 30, 2023 compared to a net loss of AED12.2 million ($3.32 million) last year.   

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The Fitout completes revamp at Uptown Mirdiff's food court

The Fitout, one of the leading service providers of comprehensive interior solutions in the Middle East, said it has completed the work on its latest project - renovation of the Uptown Mirdiff Mall food court.   

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The Fitout completes revamp at Uptown Mirdiff's food court

The Fitout, one of the leading service providers of comprehensive interior solutions in the Middle East, said it has completed the work on its latest project - renovation of the Uptown Mirdiff Mall food court.   

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Union Properties swings to $3.3m Q1 net profit

Leading Dubai developer Union Properties maintained strong positive momentum for the first quarter as it continued to successfully implement its turnaround strategy. It posted a net profit of AED12.3 million ($3.34 million) compared to a net l

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Union Properties swings to 2022 profit; revenue up 5pc

Union Properties, a leading Dubai developer, has returned to profitability in 2022 with a net profit of AED30 million ($8.1 million) compared to a net loss of AED966.8 million ($263 million) the previous year, while its revenue surged by 5% th

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Union Properties swings to Q3 profit as turnaround strategy delivers

UAE developer Union Properties has reported a net profit of AED825,000 for the third quarter, compared to a net loss of AED31 million last year, thanks to its turnaround strategy that continues to show positive results with good progress on co

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Union Properties completes $162m debt restructuring

Union Properties has announced the successful completion of a AED595 million ($162 million) debt restructuring, including the repayment of AED 223 million to lenders, as part of a comprehensive restructuring plan agreed by all parties. 

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