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4/8/26, 10:14 AM Union Properties approves first dividend in 11 years | Khaleej Times
Union Properties approves first dividend in 11

years

A View Of Apartments In Motor City Dubai, A Union Properties Project. Photo: File

Total revenue reached Dh736.9 million, representing a 39.4 per
cent increase compared to Dh528.7 million in 2024. Operating

profit has risen to Dh240.7 million

PUBLISHED: TUE 7 APR 2026, 10:08 PM
BY: KHALEEJ TIMES STAFF

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In a landmark decision, shareholders of Union Properties PJSC have approved the distribution of
a cash dividend of 3 fils per share, marking the company’s first dividend payout in 11 years.

“The reinstatement of dividends represents a clear signal of the Company’s financial strength,
improved cash position, and renewed capacity to deliver consistent shareholder returns following

a multi-year transformation,” a statement said.

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