Union Properties announces final stages of comprehensive debt restructuring process

Union Properties, a Dubai-based real estate development company, has announced that it is in the final stages of a comprehensive debt restructuring...

Construction

Dubai-based Union Properties announces new chairman and board members

Union Properties, a Dubai-based property developer, has announced that Khalifa Hasan Ali Saleh Al Hammadi has been elected as its new chairman...

Construction

Union Properties subsidiary begins legal procedures to recover $408m

Real estate developer Union Properties has said that one of its subsidiaries has initiated arbitration to recover claims owed on construction work...

Construction

Union Properties to award $54.4mn Dubai Autodrome expansion contract

Union Properties is to sign an agreement with China National Chemical Engineering Company for the expansion of its flagship project in Dubai....

Consultant

Union Properties reports net profit of $15mn for 2018

Union Properties, the UAE-based real estate developer, has reported a net profit of $15 million for 2018, a 19% increase over the...

Construction

Union Properties records $40mn net profit for first nine months of 2018

Union Properties, a Dubai-based real estate developer, has said that it has recorded a net profit of $40 million for the first...

Construction

Union Properties to unveil $680m ‘Avenue District’ at Cityscape Global 2018

Union Properties will unveil a $680m mixed-use urban lifestyle destination, Avenue District, at Cityscape Global 2018. A statement from the UAE real...

Construction

Union Properties hands over OIA Residences project

Union Properties has announced the delivery of all the residential units at its OIA Residences project in Dubai Motor City. The OIA...

Property

Union Properties announces profit of $6.7m in Q2 2018

Union Properties, the Dubai-based developer, has announced a profit of $6.7 million attributable to shareholders for the second quarter of the year,...

Property

CSCEC begins excavation work on huge Motor City development

Union Properties says China State Construction Engineering Corporation (CSCEC) has begun excavation work on its newly launched ‘Zawaya’ mixed-use development in Dubai's Motor...