Union Properties has announced another strong set of financial results for the second quarter and first half of 2026, marking an important milestone in the company's transformation from financial restructuring to sustainable growth.
Union Properties has delivered a strong start to 2026, reporting solid revenue growth and improved profitability in the first quarter, as the company advances into a new phase of accelerated growth.
Union Properties shareholders have approved the distribution of a cash dividend of AED3 fils per share, marking the company’s first dividend payout in 11 years.
Dubai-based Union Properties has sealed a membership agreement with the Massachusetts Institute of Technology (MIT) through its globally recognised Industrial Liaison Programme in a move aimed at developing future-oriented models to help accelerate technology-led transformation in real estate.
Union Properties has officially broken ground on its flagship AED2 billion ($544 million) project - Mirdad - being set up in Dubai Motor City. Spanning 356,931 sq ft, it will feature a total of 1,087 residential units along with premium amenities.
Union Properties has launched ‘Mirdad’, the company’s second landmark development and a new benchmark for elegant, connected, and sustainable living in the heart of Motor City.
Union Properties has announced the launch of Mirdad Tower 2, a signature residential tower within its AED2 billion ($544.6 million) Mirdad master-planned development in Dubai’s Motor City.
