Union Coop Reports AED 1.7 Billion Total Income as of Q3 2025

Dubai retailer reports 8% year-on-year rise in income, driven by retail and real estate growth
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Union Coop. (Image Credit: Supplied)
4 months ago

Dubai, UAE – Union Coop reported total income of AED 1.7 billion for the third quarter of 2025, marking an 8 per cent increase from a year earlier, as the Dubai-based retailer achieved its highest sales since listing on the Dubai Financial Market.

Retail sales rose 6.72 per cent year-on-year to AED 1.384 billion, while real estate income increased 12.61 per cent to AED 134 million. Other income contributed AED 59 million to the total.

Profit before tax stood at AED 251 million, up 6 per cent from the same period last year, while profit after tax rose 7 per cent to AED 227 million, the company said in a statement on Thursday.

“The cooperative continues to deliver exceptional performance through a customer-first strategy and sustainable innovation in retail operations,” said Mohamed Al Hashemi, Chief Executive of Union Coop.

Al Hashemi attributed the growth to stronger customer engagement and digital expansion, noting that active customers increased by 19 per cent, new customers by 66 per cent, and online sales by 27 per cent year-on-year.

During 2025, Union Coop opened four new stores and remodelled another four, expanding its self-checkout systems to 18 stores through the Check & Go service and two outlets via Scan & Go. It also became the first brick-and-mortar retailer in the UAE to launch a subscription-based shopping service.

In the second quarter, the company introduced the Tamayaz Digital Loyalty Platform, which now records an 87 per cent active user rate. Union Coop also plans to roll out “Grab & Go” ready meals in select outlets by the fourth quarter of the year.

The cooperative reported an Emiratisation rate of 38 per cent, with women representing 25 per cent of its total workforce and leadership positions. Its Training Academy delivered more than 8,500 hours of staff training during the year.

Al Hashemi said the company remains focused on investing in community initiatives and sustainable practices to reinforce its leadership in the UAE’s retail sector.

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