Dubai: Union Properties is taking its fellow Dubai developer to court over a land issue. A real estate claim has been filed by Union Properties – which is still trying to find its way back onto a solid financial footing – with the Dubai Courts in this regard.

The legal matter relates to land in Motor City, of which Union Properties is the master-developer. In a statement on DFM, UP said that a claim was registered ‘due to Dubailand’s failure to issue NOCs (no-objection certificates)’ to it, ‘to benefit from its lands located in the Motor City area’.

This was being done ‘without any legal or contractual basis’.

Union Properties will be informing shareholders of the developments at the upcoming annual general meeting.

More to follow...