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Union Properties launches mixed-use project in Dubai

April 3, 2018

Union Properties one of the largest real estate developers in the UAE has announced the launch of Zawaya a new mixed-use development in Motor City and also the commencement of its excavation work. Chi... View more

Union Properties swings to 2017 net loss

February 15, 2018

Union Properties a leading real estate developer in the UAE has reported a net loss of Dh2.3 billion ( 626 million) for the 12 months ending December 31 2017 (equivalent to Dh0.55 loss per share) comp... View more

Union Properties buys key stake in Egyptian developer

January 11, 2018

Union Properties a leading real estate developers in the UAE said one of its units has acquired a strategic 5.68 per cent stake in top Egyptian real estate developer Palm Hills Developments as part of... View more

Union Properties to sell full stake in Emicool

January 10, 2018

Union Properties one of the leading real estate developers in the UAE announced that it is in its final stage of selling its entire stake in Emirates District Cooling (Emicool) a leading district cool... View more

Union Properties unit plans Dubai listing in H2

December 25, 2017

Union Properties one of the leading real estate developers in the UAE has announced plans to raise capital through an initial public offering (IPO) of the shares of ServeU its facilities management su... View more

Union Properties posts $12m net loss in Q3

November 14, 2017

Union Properties a leading developer in the UAE has reported a net loss of Dh45 million ( 12.2 million) for the third quarter compared with a net profit of Dh32 million ( 8.7 million) in the same peri... View more

Union Properties unveils new investment unit

October 30, 2017

Leading UAE developer Union Properties has announced the launch of its investment arm UPP Capital Investment as the real estate group continues to roll out its diversification strategy. The new entity... View more

Union Properties opens mall, hotel management units

September 14, 2017

Dubai-based Union Properties has announced plans to diversify its operations and revenue sources by opening two new fully-owned subsidiary companies: Union Malls and Al Etihad Hotel Management. The Un... View more

Union Properties takes $626m provisions

August 15, 2017

Union Properties (UP) one of the leading property investment developers in the UAE has taken provisions of Dh2.8 billion resulting in a second quarter net loss of Dh2.3 billion ( 626.19 million). Foll... View more

Union Properties names new CEO

July 26, 2017

Union Properties one of the leading property investment developers in the UAE has appointed Ahmed Yousef Abdulla Hussain Khouri as its new chief executive officer. A key player in the region Union Pro... View more

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