Union Real Estate profits rise 16% to 18.37M AED
Union Properties achieved net profits of 18.37 million AED in the first half of 2026, marking a 26% increase compared to the same period in 2025. Revenues grew by 68% to reach 529.3 million AED. The company has development projects valued at nearly 4 billion AED, with projected future development revenues estimated at 3.87 billion AED until the end of 2028. These figures bolster expectations for future profit growth and support its strong financial position. The results confirm the company’s strong shift towards a more flexible platform, with a focus on expanding projects and achieving sustainable growth in revenues and profitability over the long term.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)