Dubai Holding and Investment Corporation of Dubai (ICD) have completed a strategic transaction under which Dubai Holding acquired a 22.27 percent equity stake in Emaar Properties from ICD, increasing its total shareholding in the company to 29.73 percent and making it Emaar Properties’ largest shareholder.
Emaar Properties, listed on the Dubai Financial Market, is among the largest real estate developers in the Middle East, with a diversified portfolio that includes residential, commercial, hospitality, and retail assets.
The company has established a strong presence across the Middle East, North Africa, Asia, and Europe, supported by a robust development pipeline and a high-quality portfolio of recurring income-generating assets.
The acquisition marks a significant strategic investment in Emaar Properties and reflects Dubai Holding’s confidence in the developer’s market leadership, asset quality, and long-term growth potential. The transaction also highlights confidence in the resilience and long-term fundamentals of Dubai’s economy and real estate sector, which continue to attract regional and international investment interest.
The deal further strengthens the long-standing strategic partnership between Dubai Holding and Emaar Properties, building on years of collaboration across multiple partnerships and key joint ventures. The companies have maintained close cooperation on several major projects that have contributed to Dubai’s urban development and economic growth.
Dubai Holding
Dubai Holding is a diversified global investment company with operations and investments spanning more than 30 countries. The group manages an extensive portfolio of assets valued at over $136.15 billion (AED 500 billion) across major sectors including real estate, hospitality, entertainment, retail, media, and investments, reinforcing its position as one of the region’s leading investment conglomerates.
