Fact Sheet

For three decades, Union Properties PJSC has been entrusted with developing key residential, commercial, industrial and leisure projects across Dubai.
Ambition with purpose

Distinguished history with important milestones

Pioneers in the property development sector cementing a long and distinguished history with important milestones, innovation, growth, and impeccable service.

Since starting operations in 1987, UP has proved itself to be a true pioneer of the UAE real estate sector, becoming a publicly traded company in 1993 and going on to develop landmark projects such as MotorCity, Dubai Autodrome, Green Community and Uptown MotorCity, Green Community East and West at Dubai Investment Park, Uptown Mirdiff, and Limestone House and Index Tower in the DIFC area.

Market: Dubai,
Symbol: UP,
ISIN: AEU000101011.

For 30 years, Union Properties has held itself to the highest standards of design attention and build quality, putting liveability at the heart of its communities. Consequently, Union Properties ranks among the most trusted names in UAE real estate.

Share data
22/10/2018
Currency
AED
Change (%)
-0.75
Last Closing Price
0.66
Volume
15,019,009
Number of Shares (mln)
4,290
Market Cap (mln)
2,831

The operations of Union Properties extend beyond real estate investment and development to encompass project management, interior design and fit-out, property management and facilities management, creating a powerhouse of the UAE real estate sector.

Subsidiary companies include ServeU, The FITOUT, Thermo, GMAMCO, Edacom, and EMICOOL, Dubai Autodrome, and Marriot Executive Apartments and Courtyard by Marriott.

Financial Highlights , AED'000
2013
2014
2015
2016
2017
Total income
4,664,123
2,068,067
1,465,076
1,134,813
(1,435,868)
Profit for the period attributable to the shareholders of the company
1,579,655
864,994
434,609
211,422
(2,375,220)
Total comprehensive income for the period
1,579,621
864,994
434,609
211,422
(2,375,220)
Total assets
7,451,813
8,499,144
8,292,018
7,926,192
5,615,412
Total liabilities
3,313,327
3,500,664
2,969,985
2,896,154
2,960,594
Total equity attributable to the shareholders of the Company
4,138,486
4,998,480
5,322,033
5,030,038
2,654,818
Net cash flows from operating activities
(409,013)
(165,679)
(71,800)
(87,773)
96,434
Net cash flows used in investing activities
2,587,078
189,990
304,759
103,160
(101,699)
Net cash flows from financing activities
(2,199,836)
(3,358)
(255,654)
(128,226)
64,336
Basic and diluted earnings per share (AED)
0.45
0.24
0.11
0.05