Union Properties PJSC announced its audited financial results for 2025, highlighting a significant performance improvement and the proposal of a cash dividend of AED 3 Fils per share, marking the first dividend in 11 years. The company reported a 39.4% increase in total revenue, reaching AED 736.9 million compared to AED 528.7 million in 2024. Operating profit rose to AED 240.7 million from AED 161.8 million in 2024, and the company achieved a record cash balance of AED 494.2 million. These results reflect disciplined financial management and a focus on value-driven projects. The return to dividend distribution indicates a new era of financial resilience and positions the company for sustainable growth. CEO Eng. Amer Khansaheb stated that 2025 was a turning point, with enhanced profitability and full repayment of legacy debt, setting a solid foundation for future growth in 2026.

Union Properties has partnered with Hypermedia to upgrade the media infrastructure of Dubai's Motor City. This collaboration will see Hypermedia design, build, and operate a new media network featuring digital gateways, smart displays, and iconic hoardings, enhancing brand visibility and urban experience. The project is part of a broader initiative to introduce AI-powered media experiences across Dubai. Union Properties CEO Amer Khansaheb and Hypermedia CEO Philip Matta emphasized that the partnership aims to enrich community life and reflect Motor City's motorsport-inspired identity.

Union Properties PJSC has announced the launch of Mirdad Tower 2, part of its AED 2 billion master-planned development in Dubai's Motor City. The 31-story residential tower offers a variety of living spaces, including studios, one to three-bedroom apartments, and loft residences. The design emphasizes sustainable luxury, space efficiency, and natural light. Strategically located in Motor City, the development benefits from strong infrastructure and connectivity, aiming to attract residents and investors. Mirdad Tower 2 features over 26 lifestyle amenities, such as wellness facilities, coworking spaces, and entertainment zones.

Union Properties PJSC has initiated construction on 'Mirdad,' a AED 2 billion development project in Dubai Motor City, marking its second major project in the area. This development aligns with the company's growth strategy focused on innovative planning, architectural excellence, and wellness-driven urban living. 'Mirdad' will feature four towers with 1,087 units, including luxury lofts and styled apartments, and will offer over 26 indoor and outdoor amenities. The project emphasizes sustainability with smart technologies, green spaces, and EV charging stations. Located strategically between Al Maktoum International Airport and Dubai International Airport, the development aims to provide urban convenience and lifestyle appeal. Completion is expected in the fourth quarter of 2028, reflecting Union Properties' commitment to creating future-ready communities in Dubai.