Page 15 - UP PR REPORT - JULY 2025

financially recognized in Q4 2025 and forms a cornerstone of the Company’s strategy to unlock
value from its land bank and strengthen its balance sheet.

While net profit for Q2 2025 stood at AED 8.74 million, lower than the same period last year, the
decline is attributed to front-loaded investments in development activities and infrastructure
upgrades. Notably, financial costs decreased to AED 14.28 million in the first half of 2025 from
AED 15 million in H1 2024.
Union Properties remains focused on executing its AED 5 billion+ development pipeline and
delivering sustained value to shareholders through prudent capital allocation, revenue
diversification, and operational transformation.

-ends-

For further information, please contact:

Orient Planet Group (OPG)

Tel: +971 4 4562888

Email: media@orientplanet.com

Website: www.orientplanet.com