• Home
  • Blog
  • Union Properties posts Dh62.33 million net profit
  • PROPERTYEPORTAL HOUSE PRICE INDEX
    March 2020
  •   -1.3%
    Monthly Change
  •   -6.7%
    Annual Change
  • Palm Jumeirah
  •   -0.08%
    Monthly Change
  •   -0.9%
    Annual Change
  • Motor City
  •   -0.06%
    Monthly Change
  •   -0.7%
    Annual Change
  • Jumeirah Golf Estates
  •   -0.04%
    Monthly Change
  •   -0.5%
    Annual Change
  • Jumeirah Village Circle
  •   -0.04%
    Monthly Change
  •   -0.3%
    Annual Change
  • Jumeirah Beach Residence
  •   -0.017%
    Monthly Change
  •   -0.2%
    Annual Change
  • Jumeirah Lakes Towers
  •   -0.06%
    Monthly Change
  •   -0.7%
    Annual Change
  • Jumeirah Park
  •   -0.03%
    Monthly Change
  •   -0.3%
    Annual Change
  • Jumeirah Islands
  •   +0.03%
    Monthly Change
  •   +0.3%
    Annual Change
  • International City
  •   +0.03%
    Monthly Change
  •   +0.2%
    Annual Change
  • IMPZ
  •   -0.03%
    Monthly Change
  •   -0.3%
    Annual Change
  • Emirates Living
  •   +0.04%
    Monthly Change
  •   +0.3%
    Annual Change
  • Dubai Silicon Oasis
  •   -0.09%
    Monthly Change
  •   -1.1%
    Annual Change
  • Dubai Sports City
  •   -0.08%
    Monthly Change
  •   -0.9%
    Annual Change
  • Dubai Marina
  •   +0.09%
    Monthly Change
  •   +0.1%
    Annual Change
  • Dubai Land
  •   -0.08%
    Monthly Change
  •   -0.9%
    Annual Change
  • Dubai Investments Park
  •   -0.12%
    Monthly Change
  •   -1.4%
    Annual Change
  • Dubai Festival City
  •   -0.06%
    Monthly Change
  •   -0.7%
    Annual Change
  • DIFC
  •   -0.075%
    Monthly Change
  •   -0.9%
    Annual Change
  • Downtown Burj Khalifa
  •   -0.05%
    Monthly Change
  •   -0.6%
    Annual Change
  • Discovery Gardens
  •   +0.03%
    Monthly Change
  •   +0.2%
    Annual Change
  • Business Bay
  •   -0.09%
    Monthly Change
  •   -0.1%
    Annual Change
  • Barsha Heights (TECOM)
  •   -0.02%
    Monthly Change
  •   -0.2%
    Annual Change
  • Arabian Ranches
  •   -0.1%
    Monthly Change
  •   -1.2%
    Annual Change
  • Al Furjan
  •   -0.09%
    Monthly Change
  •   -1.1%
    Annual Change
February 18th 2019Dubai real estate market, Union Properties

Union Properties posts Dh62.33 million net profit

Dubai: Union Properties, the UAE real estate developer with a 30-year track record, reported a net profit of Dh62.33 million for 2018. This marked a 19 per cent increase in the company’s annual income over 2017. In 2017, the company registered a loss of Dh2.37 billion. Meanwhile, shareholder equity surged by Dh452 million compared to 2017.

The reported profit speaks to Union Properties’ amazing performance. It also speaks to the new management’s vision to achieve profitability within one year. The company said all of this in a statement.

All rights reserved to the initial publisher for gulfnews.com

Collected and published by propertyeportal.com editorial team. Get in touch with us at [email protected]