Dubai’s Union Properties says plans three projects worth $544.5m

The developer did not provide any details about the projects

Dubai’s Union Properties plans to develop three new projects worth two billion dirhams ($544.5m), it said in a bourse filing on Wednesday.

The developer provided no other details.

Shares of Union Properties declined 1.6 per cent to Dhs 1.23 at the close on Wednesday, prior to the release of the filing.