Union Construction and Investment

What Union Construction and Investment does

Union Construction and Investment (UCI) is a Palestinian real estate development company founded in 2005 and publicly listed on the Palestine Exchange (PEX) since January 2007. Headquartered in Ramallah with a secondary office in Gaza, UCI develops residential communities, mixed-use projects, and standardized titled land plots, primarily serving Palestinian families and individual investors across the West Bank. Reported assets under management exceed $48M, total assets stand at approximately $49.2M, and the company has served over 700 families with 1,000+ plots delivered across more than 1 million square meters of land.

UCI's product portfolio is anchored by the TABO brand — master-planned land parcels sold with registered title deeds and supporting infrastructure — alongside the Masyoun Gardens 1 and 2 residential communities, the Etihad Villas luxury housing project, the Arcadia mixed-use development, and the UCI HQ Building. TABO is operationally differentiated by a standardized purchase workflow, infrastructure-ready plots (over $5M deployed and 27,000+ meters of internal roads paved), and US-registered trademark protection on the brand name. The company has accumulated formal industry recognition, including the Arab Best Awards 2017 for Best Management Team in Real Estate Development.

UCI's revenue model combines one-off titled-land-plot sales, residential-unit sales (e.g., the 36-unit Masyoun Gardens 2), and longer-cycle community development margins. Distribution is increasingly intermediated: Bank of Palestine provides embedded consumer financing for buyers (2019), and Bounyan Real Estate acts as a co-marketing partner for the TABO portfolio (2023). The leadership team comprises Chairman Dr. Mohammed Al-Sabawi, CEO Khaled Al-Sabawi (Forbes Middle East cover subject in 2014 and Young Global Leader in 2015), and COO Nida Tawil Disi. UCI is not a technology company; competitive advantage derives from land entitlements, infrastructure execution, brand, and distribution partnerships rather than software or AI.

Name

Union Construction and Investment

Legal name

Union Construction and Investment Company Ltd

Website

https://uci.ps

Company type

Public

Founded year

2005

Operating status

Operating

Headcount range

51–100 employees

Short description

Union Construction and Investment is a Palestinian real estate developer listed on the Palestine Exchange since 2007, building titled land-plot communities (TABO) and residential projects serving more than 700 Palestinian families across the West Bank.

Ownership category

akta.pro rank

Product category

Real Estate Development

NAICS

New Multifamily Housing Construction (except For-Sale Builders) (236116), Land Subdivision (23721), New Single-Family Housing Construction (except For-Sale Builders) (236115)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Operative Builders (1531)

akta.pro primary industry

Office & Corporate Building Construction (IMAFACAA)

Keywords

• Real estate development
• Residential construction
• Land title deeds
• Property financing
• Infrastructure development

Headquarters

HQ city

Ramallah

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Infrastructure, Supply Chain, Personnel, Marketing or Sales, Operations

Revenue model

1. Residential Unit Sales: UCI develops and sells residential apartment units (Masyoun Gardens 1 and 2) and standalone villas (Etihad Villas) to Palestinian buyers. Units are sold with direct financing options including monthly installments over extended periods (e.g., 10 years). Revenue is recognized upon delivery of units.
2. TABO Land Parcels: UCI's flagship TABO project sells parceled land plots (approximately 1 dunum each) to Palestinian buyers at affordable prices with title deeds. Land sales include infrastructure development (roads, electricity). Revenue is one-time per transaction. The company has facilitated ownership of over 1,000 plots for more than 700 families since 2011.
3. Dividend Distribution: UCI is a public shareholding company listed on the Palestine Exchange (PEX) and distributes periodic cash dividends to shareholders. Dividends have ranged from 2.5% to 7% of nominal share value in various years.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Union Construction and Investment (UCI) is a Palestinian real estate development company that develops, sells, and finances residential units (apartments and villas) and parceled titled rural land in the West Bank. Its flagship TABO project converts unregistered Palestinian land into titled, infrastructure-ready plots sold with affordable monthly installments, while its Masyoun Gardens, Etihad Villas, and Arcadia residential complexes deliver premium housing in Ramallah's Al Masyoun neighborhood. UCI complements sales with its own direct installment financing program and a Bank of Palestine financing partnership.

Product overview

Union Construction and Investment (UCI) operates as a real estate development company with a portfolio of residential and commercial projects. The company offers a diversified product portfolio centered around its flagship TABO land ownership project, supplemented by residential complexes (Masyoun Gardens 1 & 2, Arcadia, Etihad Villas), and commercial properties (UCI Headquarters Building). TABO serves as the core platform enabling Palestinian land ownership through parceling, titling, and infrastructure development, while the residential projects provide modern housing options in Ramallah's prestigious Al Masyoun neighborhood. UCI also provides direct financing programs and partnerships with Bank of Palestine for expanded payment options.

Differentiator

Problem solved

Functional benefit

Brands

• TABO: A pioneering real estate project that enables Palestinians to own land with title deeds at affordable prices, protecting Palestinian land from confiscation. Offers parceled land in master-planned communities in Ramallah and Salfit governorates.
• Masyoun Gardens
• Etihad Villas

Products and services

• TABO Land Ownership Project TABO is UCI's flagship land ownership project that organizes rural Palestinian land in the West Bank into master-planned, titled parcels with infrastructure (roads and electricity), sold to Palestinian individuals and families with affordable monthly installment plans and registered title deeds to protect the land from confiscation.
• Masyoun Gardens 1 Masyoun Gardens 1 is a residential apartment complex in Al Masyoun, Ramallah, comprising four buildings with 16 apartments each (64 units total), sold with no-down-payment 10-year direct financing through UCI. The first phase was sold out in record time.
• Masyoun Gardens 2 Masyoun Gardens 2 is the second residential phase in Al Masyoun, Ramallah, comprising three adjacent buildings with 12 apartments each (36 units total) of 120-160 sqm with underground parking, smart elevators, shared garden, and 10-year direct financing.
• Etihad Villas Etihad Villas is a luxury villa community in Ramallah featuring 62 independent villas of 300-400 sqm on individual plots with gardens, described as the first such project of its kind in the West Bank; fully sold out.
• Arcadia Residential Compound Arcadia is a residential compound in Al Masyoun, Ramallah, comprising two complexes with 26 apartments total; fully sold out.
• UCI Headquarters Building The UCI Headquarters is an environmentally friendly, energy-efficient office building in Al Masyoun Heights, Ramallah, awarded the Energy Globe Award and described as the most energy-efficient and commercially active building in Palestine.
• Cyprus Beach Homes Cyprus Beach Homes is a residential villa project in Kyrenia, Northern Cyprus, comprising 23 villas acquired by UCI with maintenance completed by March 2017.
• Direct Financing Program UCI's Direct Financing Program enables buyers of UCI projects (TABO lands, Masyoun Gardens units, Etihad Villas, Arcadia) to pay through post-dated monthly cheques for the financing term, with no sponsors or guarantors required and ownership transferring only after all cheques are disbursed or paid in cash; some projects require no down payment over 10-year terms.

Quantifiable outcome

• Over 1,000 plots of land sold to Palestinian families across Ramallah and Salfit governorates since 2011
• +3 more outcomes

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core and minor.

• Bounyan Real Estate DevelopmentcoreChannel Partner/ Reseller/ Distributor · 12 July 2023UCI and Bounyan Real Estate Development signed a joint cooperation agreement to market TABO lands across Palestine, including Jerusalem and all governorates. Bounyan acts as a channel partner leveraging its network to attract new investors and buyers for TABO land parcels. The agreement aims to expand the scope of marketing and promotional activities for TABO and create more diverse opportunities to attract Palestinian investors.
• Palestinian Dental AssociationminorGTM or Marketing Partner · 15 July 2021UCI signed a memorandum of understanding with the Palestinian Dental Association to provide members with opportunities to own and invest in TABO land parcels. This partnership targets professional groups as a distinct customer segment, offering them exclusive access to UCI's real estate offerings.
• Salfit MunicipalitycoreTechnology or Integration · 1 May 2021UCI signed a cooperation agreement with Salfit Municipality, which holds the concession rights for electricity transmission and distribution in Salfit Governorate. Under this agreement, electricity infrastructure was extended to TABO master plans in Farkha and Broqeen within eight months, including street lighting. The municipality acts as the local government partner providing the necessary permits and infrastructure access.
• Ahlia InsuranceminorStrategic or Co-development Partner · 21 April 2020UCI and Ahlia Insurance company partnered together on social responsibility initiatives, including a joint anti-public smoking campaign and a COVID-19 support initiative where both companies distributed food parcels to affected families in the West Bank and Gaza.
• Jerusalem District Electricity Company (JDECO)coreTechnology or Integration · 15 April 2019UCI's TABO project signed a cooperation agreement with JDECO to develop and extend high and low voltage electricity networks across TABO master plans in Qarawa Bani Zeid. JDECO provides the technical expertise and infrastructure for electricity distribution in the concession area, extending power to UCI's developed land parcels. The agreement covers a six-month implementation period.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Dar Al Arkan Real Estate Development: Saudi Arabia's largest listed real estate developer, operating across residential, commercial, and land development. Comparable as a regionally dominant incumbent with a master-planned community and installment-financing model similar to UCI's.
• Emaar Properties: UAE-based global real estate developer behind flagship master-planned communities (e.g., Downtown Dubai, Emaar Beachfront). Relevant as a broad incumbent with comparable master-planning, installment financing, and large-scale land development capabilities.
• Saudi Real Estate Company: Saudi-listed real estate developer with a long track record in residential and commercial projects. Comparable as a regional incumbent operating under similar listed-developer dynamics with broad land development exposure.
• Retal Urban Development: Saudi-listed real estate developer focused on residential and mixed-use urban developments. Comparable as a regional incumbent with similar apartment and master-planned community offerings and bank-financed installment sales.
• Aldar Properties: Abu Dhabi-listed real estate developer with diversified residential and commercial projects including master-planned communities. Comparable as a regional incumbent with similar end-to-end development, financing, and infrastructure integration.

Direct peers

• Binyan Real Estate Development: Palestinian real estate developer and channel partner of UCI for marketing TABO lands. Operates in the same Palestinian market with comparable residential and land development offerings, making it the most directly comparable peer.
• Palestine Real Estate Investment Company: Palestinian real estate investment company listed on the Palestine Exchange, focused on real estate development and investment in Palestine. Directly comparable as a PEX-listed Palestinian developer with overlapping residential and land project portfolios.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/UCI_Palestine
• Facebookfacebook.com/UCIPalestine

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Union Construction and Investment