Market: Dubai
Symbol: UPP
ISIN: AEU000101011

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.

 

Share data 02/06/2023
Currency AED
Change (%) -0.74
Last Closing Price 0.27
Volume 18,388,258
Number of Shares (mln) 4,290
Market Cap (mln) 1,158
FINANCIAL HIGHLIGHTS, AED'000 2018 2019 2020 2021 2022
Revenue 500,988 423,406 375,866 398,699 419,187
Profit/(loss) for the year 62,329 (224,281) 200,984 (966,755) 29,980
Total comprehensive income/(loss) for the year 275,018 (208,773) 185,476 (966,755) 29,980
Total assets 6,093,012 5,863,892 5,941,854 4,222,967 4,078,466
Total liabilities 3,163,176 3,155,234 3,047,720 2,295,588 2,121,107
Total equity attributable to the shareholders of the Company 2,929,836 2,708,658 2,894,134 1,927,379 1,957,359
Net cash flows from operating activities (60,324) (72,130) (20,239) (97,411) 25,599
Net cash flows used in investing activities (159,574) 110,676 191,181 254,363 119,531
Net cash flows from financing activities (48,826) (85,205) (95,812) (132,281) (83,976)
Basic and diluted earnings per share (AED) 0.02 (0.05) 0.05 (0.23) 0.01
.