Union Properties PJSC reported a 66% increase in revenue for Q1 2026, reaching AED 271.4 million compared to AED 163.2 million in the same period last year. The company's gross profit rose by 37% to AED 58.4 million, and net profit was AED 11.8 million, highlighting improved financial performance. CEO Eng. Amer Khansaheb attributed the success to operational efficiencies and a strong focus on efficiency and value creation. The company is focused on accelerating development and unlocking value in its portfolio to achieve sustainable growth in Dubai's real estate market.

Union Properties PJSC held its Annual General Meeting (AGM) on April 7, 2026, achieving its first quorum in six years with 68% shareholder attendance, indicating renewed investor confidence. The AGM approved a cash dividend of AED 3 fils per share, marking the first dividend payout in 11 years, highlighting the company's financial recovery and capacity for consistent shareholder returns. Additionally, a new Board of Directors was elected for a three-year term, including Shaikh Nasser Rashid Almoalla, Mohamed Fardan Al Fardan, Amer Abdulaziz Khansaheb, and Ahmed Salem Alhosani.

Union Properties PJSC has announced the opening of nominations for its Board of Directors from March 17, 2026, to March 26, 2026. A list of nominees has been prepared for the upcoming election, which will be voted on during the Annual General Assembly Meeting scheduled for April 7, 2026. This information is communicated by Mohamed Al Fardan, Chairman of Union Properties PJSC, to Mr. Hamed Ahmed Ali, CEO of Dubai Financial Market.

Union Properties PJSC has announced the opening of nominations for its Board of Directors from March 17, 2026, to March 26, 2026. The list of nominees will be presented for voting at the upcoming Annual General Assembly Meeting on April 7, 2026. This information has been communicated to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, by Mohamed Al Fardan, Chairman of Union Properties PJSC.