According to Al-Bayan newspaper, the Union Properties Company, one of Dubai’s leading property investment and real estate services companies, announced registering Dh 20.6 million net profits in the first quarter of the current year compared with Dh 17.6 million in the corresponding period of the previous year.
The company's operating revenues rose by 41% and the owners' returns increased by 18% in the same period due to increasing income from real estate assets and a joint alliance.
The Union Properties Company is one of the UAE's leading property investment developers, Union Properties PJSC, a public joint stock company established in 1993, is totally committed to providing quality. The success of Union Properties is built upon six basic principles, which form the Company's ethical code; these being quality, service, innovation, care, trust and diversity. Embedding these six values into every faceted aspect of the operation has enabled Union Properties to leverage itself as a leader in its field.
