News tagged "Union properties"

Union Properties reports net profit of US$ 15 mn for 2018

Union Properties reports net profit of US$ 15 mn for 2018

15th February 2019

According to *Tradearabia news report, Union Properties, a leading UAE real estate developer with a 30-year track record of delivering iconic residential developments, has reported a net profit of Dh62.33 million ($15 million) for 2018, up 19 per cent over the previous year when the company had registered a loss of Dh2.37 billion.[..]

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Union Properties warns market of possible fake news

Union Properties warns market of possible fake news

14th December 2018

According to *Constructionweekonline news report, real estate developer Union Properties has warned the market of possible fake news in a missive on the Dubai bourse telling shareholders “not to entertain”  information from unofficial sources.[..]

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Union Properties to Unveil AED2.5 Billion ‘Avenue District’ at Cityscape Global 2018

Union Properties to Unveil AED2.5 Billion ‘Avenue District’ at Cityscape Global 2018

1st October 2018

  • New lifestyle destination represents significant milestone in Motor City Phase 2 development
  •  Mixed-use lifestyle destination to offer over 1 million sq ft of retail space

Dubai-UAE: 1 October, 2018 – Union Properties, the UAE real estate developer with a 30-year track record of delivering iconic residential developments, will unveil Avenue District, a mixed-use urban lifestyle destination that is part of the Dubai Motor City Phase 2 development, at Cityscape Global 2018. The flagship project, at an estimated investment of AED2.5 billion, is another significant milestone in the company’s commitment to delivering best-in-class community living experiences.[..]

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Union Properties Reclaims Market Stake with Handover of AED450 million OIA Residences in Dubai Motor City

Union Properties Reclaims Market Stake with Handover of AED450 million OIA Residences in Dubai Motor City

24th September 2018

Dubai-UAE: 24 September, 2018 – Union Properties, the UAE real estate developer with a 30-year record of delivering iconic residential developments, completed the handover of its latest project, OIA Residences at Dubai Motor City. From the onset, the project has garnered remarkable interest from investors and off-plan buyers seeking quality living experiences with a variety of amenities available within a mixed-use environment.[..]

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Union Properties announces profit of US$ 6.7 mn for Q2

Union Properties announces profit of US$ 6.7 mn for Q2

20th August 2018

According to *ME Construction News report, Union Properties, the Dubai-based developer, has announced a profit of $6.7 million attributable to shareholders for the second quarter of the year, as compared to a loss of $623.4 million in the same period last year.[..]

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