Union Properties Public Joint Stock Company, together with its subsidiaries, invests in, develops, manages, maintains, and sells real estate properties primarily in the United Arab Emirates. The company operates through four segments: Real Estate Property Management, Contracting Activities, Investing Activities, and Sales of Goods and Services. Its property portfolio includes residential, commercial, industrial, and leisure projects. The company also undertakes contracts for mechanical, electrical, and plumbing works of building projects; provides facilities management services; manufactures central air-conditioning equipment; assembles firefighting equipment; and trades in firefighting and safety equipment, air conditions, pumps, engines, valves and spare parts, water heaters, and lighting equipment. In addition, it offers security and energy management services; and building, management, and consultancy services for various race tracks and related developments for motor racing. Further, the company is involved in manufacturing and interior decoration activities. Additionally, it invests in equities, as well as educational enterprises and management facilities; operates cold stores; and undertakes property related services for other parties. The company was founded in 1987 and is headquartered in Dubai, the United Arab Emirates.