Union Properties PJSC, a prominent real estate developer in the United Arab Emirates, has unveiled its audited financial results for the fiscal year 2025, showcasing a remarkable turnaround in its financial performance. The company reported a total revenue of AED 736.9 million, reflecting a substantial 39.4% increase from AED 528.7 million in 2024. This achievement is further highlighted by the Board of Directors' proposal to reinstate a cash dividend of AED 3 Fils per share, marking the first such distribution in 11 years.

The impressive financial results for 2025 are attributed to Union Properties' disciplined financial management, efficient cost structures, and a strategic focus on value-driven project delivery. The company achieved an operating profit of AED 240.7 million, a significant rise from AED 161.8 million in the previous year. Additionally, Union Properties reported a record cash balance of AED 494.2 million, underscoring its robust liquidity position.

Eng. Amer Khansaheb, CEO and Board Member of Union Properties PJSC, expressed optimism for the company's future, stating that 2025 was a decisive turning point. The full repayment of legacy debt and the proposed reinstatement of dividend payments reflect the company's strengthened financial foundation and commitment to delivering long-term shareholder value.

Looking ahead, Union Properties is poised for sustainable expansion, driven by its solid financial foundation and clear strategic direction. The reinstatement of dividends is a testament to the company's successful multi-year recovery plan and its renewed focus on delivering tangible returns to shareholders.

With the real estate market in the UAE showing signs of recovery and Union Properties demonstrating strong financial resilience, the outlook for the company appears promising. Investors looking for opportunities in the real estate sector may find Union Properties an attractive option, given its strong financial performance and commitment to shareholder returns.

In conclusion, Union Properties PJSC stands at the cusp of a new era, characterized by financial strength and operational excellence. For investors, this could be a strategic time to consider a 'buy' position, as the company is well-positioned for continued growth and value creation.