Page 51 - UP PR REPORT - JULY 2025

7/30/25, 1:04 PM Union Properties completes repayment of its legacy debts | AGBI
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The agreements allowed the developer to change the original land usage for a plot in Dubailand in line with market demand over the next five years.
The company’s shares, which trade on the Dubai Financial Market (DFM), closed 0.1 percent higher at AED0.89 on Friday. It listed on the DFM in March 2000 and its share
price has risen around 120 percent year to date.
Union Properties reported an 18 percent year-on-year increase in revenue to AED163 million, but net profit fell 64 percent year on year to AED5.8 million in the first quarter
of 2025.

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