Page 48 - UP PR REPORT - JULY 2025
P. 48

8/1/25, 9:37 AM                        Dubai developer Union Properties to repay Dh130m bank debt in Q3-2025
                       repayment in Q3-2025,” said a statement.  The delay was due to the
                       timing of cash receipts after the second quarter’s close.


                       But there was a major win with a ‘conditional’ sale agreement valued at
                       Dh700 million for one of its real estate assets in Motor City. This

                       transaction is expected to be recognized in Q4-2025.



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      https://www.msn.com/en-gb/money/other/dubai-developer-union-properties-to-repay-dh130m-bank-debt-in-q3-2025/ar-AA1JCodb?ocid=BingNewsSerp  2/2
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