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.

Union Properties has launched its second major project, 'Mirdad,' in Dubai's Motor City. This development features four towers with luxurious lofts and stylish apartments designed to maximize natural light and functionality. Indoor amenities include a sports complex, gyms, spas, a community clubhouse, coworking spaces, a gaming zone, multipurpose halls, a kids' play area, a golf simulator, and an indoor cinema. Outdoor facilities offer two padel courts, a half Olympic lap pool, shaded play areas for children, pet parks, a tranquil garden, a lounge pool, a shaded children's pool, and a yoga lawn. Strategically located near future parks, a shopping mall, and the upcoming Al Maktoum International Airport, Mirdad is valued at AED 2 billion and represents Union Properties' ongoing expansion in premium residential communities in the UAE.

Union Properties PJSC reported strong financial results for the nine months ending September 30, 2025, with a profit of AED 139 million, a 162% increase from the previous year. Revenue grew by 32% to AED 513 million, supported by improved operational efficiency and subsidiary contributions. The company achieved AED 455 million in cash balances, the highest in years, and reduced its bank loans from AED 1.5 billion to AED 302 million, achieving a net positive cash position. Union Properties sold AED 2.7 billion in assets, strengthening its liquidity and balance sheet, with total assets at AED 4.5 billion and total equity at AED 3.3 billion. The company plans to launch a AED 2 billion development by the end of October 2025. Additionally, its subsidiary ServeU LLC acquired the Housekeeping Group for AED 100 million, adding AED 40 million in revenue and AED 4.8 million in net income in two months.

Union Properties PJSC reported strong financial results for the nine months ending September 30, 2025, with a profit increase of 162% to AED 139 million and a revenue increase of 32% to AED 513 million compared to the same period in 2024. The company achieved a significant milestone with AED 455 million in cash balances, marking its strongest liquidity position in years. It also reduced its bank loans from AED 1.5 billion to AED 302 million, achieving a net positive cash position for the first time in recent history. Union Properties sold AED 2.7 billion in assets and expects to collect AED 721 million in receivables by December 2026, bolstering its financial foundation. Total assets reached AED 4.5 billion, and total equity increased to AED 3.3 billion after a share capital reduction. The company plans to launch a AED 2 billion development by the end of October 2025. Additionally, Union Properties' subsidiary ServeU LLC acquired Housekeeping Group for AED 100 million, adding AED 40 million in revenue and AED 4.8 million in net income in two months, and expanding the workforce to 17,000 employees.