Union Properties shareholders have approved the distribution of a cash dividend of AED3 fils per share, marking the company’s first dividend payout in 11 years.
Dubai-based Union Properties has sealed a membership agreement with the Massachusetts Institute of Technology (MIT) through its globally recognised Industrial Liaison Programme in a move aimed at developing future-oriented models to help accelerate technology-led transformation in real estate.
Union Properties has officially broken ground on its flagship AED2 billion ($544 million) project - Mirdad - being set up in Dubai Motor City. Spanning 356,931 sq ft, it will feature a total of 1,087 residential units along with premium amenities.
Union Properties has launched ‘Mirdad’, the company’s second landmark development and a new benchmark for elegant, connected, and sustainable living in the heart of Motor City.
Union Properties has announced the launch of Mirdad Tower 2, a signature residential tower within its AED2 billion ($544.6 million) Mirdad master-planned development in Dubai’s Motor City.
