Page 30 - UNION PROPERTIES PR REPORT - January 2025
P. 30
Dubai's Union Properties gets boost
after Dh1b plus in plot sales
Developer takes in some much needed funds as it rebuilds core operations
Last updated: January 28, 2025 | 08:46
Manoj Nair, Business Editor
1 MIN READ
It was recently that Union Properties returned to new offplan
launches, indicating that it is regaining financial footing.Gulf News
Archive
Dubai: In a big boost for its cash position, Union Properties raised over Dh1.3
billion from the sale of plots since announcing a 5-year turnaround strategy in
April 2023.
The funds thus brought in represent a 'significant milestone in the company’s
growth journey'.
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"This impressive sales figure underscores the Company’s success in achieving
its declared plans," said a statement. "By leveraging market trends and
optimising portfolio performance, Union Properties continues to hit its
https://gulfnews.com/business/property/dubais-union-properties-gets-boost-after-dh1b-plus-
in-plot-sales-1.500023985
