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Union Properties posts higher H1 gross profits

Gulf News

|

August 01, 2025

HOWEVER, NET PROFIT SLIPS DUE TO INVESTMENT SPEND

- BY MANOJ NAIR

Union Properties confirmed more progress in its comeback journey with a 44 per cent spike in gross profits for the first six months of 2025. The total was Dh75.6 million against Dh52.6 million a year ago.

But when it comes to H1-25 net profit, the Dubai developer’s numbers come in lower — Dh14.5 million against Dh34.7 million for H1-2024.

The drag factors

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PM lauds young innovators for the revolution

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Qatar could be Norris’ moment

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