Press release

Union Properties reported a 68% year-on-year increase in revenue to AED 529.3 million for H1 2026, with gross profit rising 41% to AED 107.0 million.
The company established a development pipeline of approximately AED 4 billion, with AED 3.87 billion in future revenue expected to be recognized through 2028.
A new residential master-planned community featuring 167 units and an estimated value of AED 2 billion is currently in the approval and permitting stage.
Financial liquidity remained strong with average cash balances exceeding AED 400 million during the first half of the year to support ongoing and future project launches.