Dubai Holding and the Investment Corporation of Dubai (ICD) announced the completion of a transaction under which Dubai Holding has acquired a 22.27% equity stake in Emaar Properties PJSC (Emaar Properties) from ICD. Following completion of the transaction, Dubai Holding’s total shareholding in Emaar Properties has increased to 29.73%, positioning it as the company’s largest shareholder.
Emaar Properties is listed on the Dubai Financial Market, with a diversified portfolio spanning residential, commercial, hospitality and retail assets. The group has a well‑established footprint across the Middle East, North Africa, Asia and Europe, underpinned by a development pipeline and a portfolio of recurring income‑generating assets.
The acquisition represents a strategic investment in Emaar Properties, reflecting Dubai Holding’s confidence in the company’s market position, asset quality and long‑term growth prospects, as well as in the fundamentals of Dubai’s economy and real estate sector. The transaction also reinforces Dubai Holding’s strategic partnership with Emaar Properties, building on a long‑standing relationship supported by multiple partnerships and continued collaboration across key joint ventures.
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