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Union Properties

Real Estate Companies and REIT in Dubai

Union Properties was incorporated as a public joint stock company in the UAE on 28 October 1993, and its shares have been listed on the Dubai Financial Market since March 2000. It invests in…

Business card

Address
Green Community, Dubai Investments Park, Dubai
Phone
04 806 6603
Website
up.ae

Listed since 2026 · updated October 2026

About Union Properties

Union Properties was incorporated as a public joint stock company in the UAE on 28 October 1993, and its shares have been listed on the Dubai Financial Market since March 2000. It invests in and develops property, manages and maintains its own properties, runs cold stores and acts as a holding company, according to its DFM profile. Its website names projects including MotorCity, the Dubai Autodrome, Uptown Mirdif and Green Community. Its office is at Green Community in Dubai Investments Park.

Shares on the Dubai Financial Market

Market figures at the close on 29 October 2026, from Dubai Financial Market (DFM) data.

Share facts for Union Properties
DFM symbolUPP
ISINAEU000101011
DFM sectorReal Estate
Closing price AED 0.55
52-week rangeAED 0.53 – AED 0.94
Market valueAED 2.36 billion
Shares in issue4,289,540,134
Par valueAED 0.666
Dividend yield, last 12 months 5.45% Cash dividends of AED 0.03 a share with an ex-date in the 12 months to 29 October 2026, divided by the closing price
Listed on the DFM25 March 2000
Established1993
Financial year endsDecember
AuditorGrant Thornton
ChairSheikh Nasser Rashid Almoalla
Chief executiveAmer Khansaheb

Dividends in the last 12 months

Ex-dividend dateCash dividendPer share
16 April 2026 4.5% of par value AED 0.03

Main subsidiaries

  • Thermo LLC
  • Thermo Saudi LLC
  • ServeU Lifeguard Services LLC owned by ServeU one-person company LLC
  • ServeU LLC
  • ServeU Saudi LLC
  • The Fitout LLC

Sources: DFM trading summary for UPP, DFM corporate actions, DFM dividends distribution summary. Checked October 2026. Share prices change every trading day; this is not investment advice.

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