Supplied by © Euroland.com
For three decades, Union Properties PJSC has been entrusted with developing key residential, commercial, industrial and leisure projects across Dubai.
Since starting operations in 1987, UP has proved itself to be a true pioneer of the UAE real estate sector, becoming a publicly traded company in 1993 and going on to develop landmark projects such as MotorCity, Dubai Autodrome, Green Community and Uptown MotorCity, Green Community East and West at Dubai Investment Park, Uptown Mirdiff, and Limestone House and Index Tower in the DIFC area.
For 30 years, Union Properties has held itself to the highest standards of design attention and build quality, putting liveability at the heart of its communities. Consequently, Union Properties ranks among the most trusted names in UAE real estate.
The operations of Union Properties extend beyond real estate investment and development to encompass project management, interior design and fit-out, property management and facilities management, creating a powerhouse of the UAE real estate sector.
Subsidiary companies include ServeU, The FITOUT, Thermo, GMAMCO, Edacom, and EMICOOL, Dubai Autodrome, and Marriot Executive Apartments and Courtyard by Marriott.
|Last Closing Price||0.70|
|Number of Shares (mln)||4,290|
|Market Cap (mln)||2,981|
|FINANCIAL HIGHLIGHTS, AED'000||2014||2015||2016||2017|
|Profit for the period attributable to the shareholders of the company||864,994||434,609||211,422||(2,375,220)|
|Total comprehensive income for the period||864,994||434,609||211,422||(2,375,220)|
|Total equity attributable to the shareholders of the Company||4,998,480||5,322,033||5,030,038||2,654,818|
|Net cash flows from operating activities||(165,679)||(71,800)||(87,773)||96,434|
|Net cash flows used in investing activities||189,990||304,759||103,160||(101,699)|
|Net cash flows from financing activities||(3,358)||(255,654)||(128,226)||64,336|
|Basic and diluted earnings per share (AED)||0.24||0.11||0.05|