Company History

Union Properties PJSC, one of the UAE’s leading real estate developers and investors, was established in 1987 as Union Property Private Limited. In 1993, the company was converted into a Public Joint Stock Company (PJSC).

Over the years, Union Properties has built an impressive portfolio of landmark developments, encompassing commercial, residential, hospitality and leisure destinations throughout the United Arab Emirates. Its achievements have earned the company a distinguished reputation for excellence and innovation within the regional real estate industry.

Twenty Years of Growth, Innovation and Excellence

Since its inception, Union Properties has remained committed to creating developments that redefine industry standards through superior quality, architectural excellence and meticulous attention to detail.

During two decades of continuous growth, the company has developed a series of innovative residential and commercial communities that have contributed significantly to Dubai’s remarkable urban transformation.

Today, Union Properties is widely recognized as one of the UAE’s most trusted real estate developers, delivering prestigious projects and creating exceptional investment opportunities.

As a member of the Emirates Bank Group, the company enjoys the support of one of the region’s leading financial institutions and has established a solid reputation for professionalism, integrity and successful collaboration with internationally renowned companies and business partners.

Core Values

The success of Union Properties is built upon six fundamental values that guide every aspect of its business:

• Quality
• Service
• Innovation
• Attention to Detail
• Trust
• Diversity

These principles are reflected in every project undertaken by the company.

Union Properties distinguishes itself through its unwavering commitment to quality, precision and excellence, combining creative vision with technical and managerial expertise to enhance the quality of living, working and leisure environments for its customers.

Comprehensive Services

Through strategic investment and continuous development, Union Properties has established an integrated range of services, including:

• Real Estate Investment and Development
• Project Management
• Interior Design
• Fit-Out and Specialized Contracting
• Property and Facilities Management
• Mechanical, Electrical and Plumbing (MEP) Services

These services are delivered either individually or as fully integrated solutions through the company’s subsidiaries, including:

• Dubai Autodrome
• Fit Out
• Idama
• ServeU
• Thermo
• GeMAMCO
• Nautilus
• Emicool

The company also works closely with internationally recognized partners, including:

• Rive Gauche
• Marriott Executive Apartments
• Courtyard by Marriott

Project Highlights

Starting with net assets of approximately AED 1 million in 1987, Union Properties recorded annual revenues exceeding AED 2.5 billion by 2006, with net assets of more than AED 4.5 billion and projects under development valued at approximately AED 13 billion.

Its portfolio comprises more than 24 landmark developments, ranging from iconic skyscrapers and mixed-use communities to hotels and themed entertainment destinations.

Among its most prominent developments are:

• Index Tower
• Limestone House
• MotorCity
• Green Community
• Uptown Mirdif
• Net Community
• The Tower

These projects stand as enduring examples of Union Properties’ commitment to innovation and architectural excellence.

International Expansion

Since its establishment, Union Properties has pursued a strategy of international growth by developing branded real estate projects in strategic locations while exploring investment opportunities beyond the UAE.

The company has assembled a team of highly qualified professionals working alongside internationally recognized architects, planners and consultants to identify and develop projects of exceptional quality.

Union Properties also signed a worldwide licensing agreement with the Formula One Administration (FOA), granting the company exclusive rights to develop Formula One Theme Parks around the world.

Human Resources

People have always been at the heart of Union Properties’ success. The company employs more than 17,000 professionals across a wide range of disciplines, including administration, legal affairs, engineering, consultancy, finance, investment, interior design, marketing and other specialized fields.

Its highly skilled workforce continues to play a vital role in maintaining the company’s reputation for excellence and supporting its sustained growth.

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Commemorative Stamp Issue

In recognition of the contribution made by leading national institutions to the development of the United Arab Emirates, Emirates Post issued a commemorative stamp set marking the 20th Anniversary of Union Properties PJSC.

The issue consists of four stamps with the following denominations:

• AED 1
• 150 Fils
• AED 2
• AED 3

The issue is accompanied by a commemorative souvenir sheet with a face value of AED 15.