Page 22 - UNION PROPERTIES PR REPORT - August 2024
P. 22
Dubai’s Union Properties turns
in Dh18.3 million Q1 2024 net
profit; plans to launch projects
worth Dh5 billion
Gulf Estate Gazette Send an email3 days ago
1,084 1 minute read
Revenue
from contractual engagements increasing by 7.6% to Dh128 million, up from Dh 119 million in Q2 2023.
Image Credit: Virendra Saklani/Gulf News
Dubai’s Union Properties turns in Dh18.3 million Q1 2024
net profit; plans to launch projects worth Dh5 billion
Dubai: Dubai developer Union Properties has reported a Q1 2024 net profit of Dh18.3
million, demonstrating the effectiveness of its robust operational strategies and cost
management. This strong performance underscores the company’s successful turnaround
after its fair share of troubles in recent years.
https://gulfestategazette.com/dubais-union-properties-turns-in-dh18-3-million-q1-2024-net-profit-
plans-to-launch-projects-worth-dh5-billion/
