Page 79 - UP PR REPORT - February 2025

2/6/25, 10:52 AM Union Properties Secures AED 150 Funding Million for New Dubai Developments

Union Properties Secures AED

150 Funding Million for New

Dubai Developments

By Anusrita Ghosh Wednesday February 5, 2025

Dubai-based developer Union Properties has secured AED 150 million ($40.84

million) in new funding to support the development of upcoming projects

within 18 months. The developer made the announcement through a statement

published on the Dubai Financial Market (DFM) on Wednesday. It did not

disclose the name of the local bank that has arranged the loan. This is expected

to provide a significant boost to the company’s growth ambitions surrounding

real estate in Dubai, clearly complementing its long-term growth strategy.

https://www.businessoutreach.in/union-properties-secures/ 1/3