Union Properties' Board of Directors proposed a cash dividend of AED 3 Fils per share for the 2025 fiscal year, the company's first dividend distribution in 11 years.
Total revenue increased by 39.4% to AED 736.9 million compared to 2024, with operating profit rising to AED 240.7 million.
The company achieved a record cash balance of AED 494.2 million and confirmed the full repayment of its legacy debt.
Development strategy includes the unveiling of 'Mirdad,' an AED 2 billion master-planned residential project in Motor City featuring 1,087 apartments.