Dubai – Mubasher: Union Properties achieved higher net profits after tax worth AED 462.45 million in 2025 when compared with AED 275.63 million in 2024.
The basic and diluted earnings per share (EPS) went down to AED 0.10 in 2025 from AED 0.06 in the previous year, according to the income statement.
The real estate company delivered an annual increase in revenue to AED 736.88 million during January-December 2025, compared to AED 528.75 million in the corresponding period of 2024.
Union Properties’ total assets also surged to AED 4.79 billion as of 31 December 2025 from AED 4.41 billion at the end of 2024.
Cash Dividends & Capital Hike
The board of the DFM-listed company recommended distributing 4.50% of the share capital as cash dividend.
Union Properties would pay 3 fils per share, totaling AED 128.60 million, subject to the shareholders’ approval.
Moreover, the board approved increasing the company's issued share capital by 2.50% through bonus shares.
The capital raise amount is equivalent to AED 71.42 million which transaction will be carried out through the issuance of 107.23 million new shares at a nominal value of AED 0.666 per share, to be fully allocated for the implementation of the program.
In the first nine months (9M) of 2025, Union Properties logged net profits worth AED 139.22 million and revenue of AED 512.86 million. In December, the real estate developer unveiled Mirdad project at AED 2 billion in Dubai Motor City.
