Dubai Holding has officially become the largest shareholder in Emaar Properties after completing the acquisition of a 22.27% stake from Investment Corporation of Dubai (ICD).
Following the transaction, Dubai Holding’s total ownership in Emaar Properties increased to 29.73%, strengthening its position within one of the Middle East’s most influential real estate developers.
Listed on the Dubai Financial Market, Emaar Properties is recognized for its diversified portfolio across residential, commercial, retail, and hospitality sectors, with operations spanning the Middle East, North Africa, Asia, and Europe.
The move reflects Dubai Holding’s long-term confidence in Dubai’s real estate market, as well as Emaar’s strong asset base, recurring revenue portfolio, and future growth potential. The transaction also deepens the strategic relationship between Dubai Holding and Emaar, building on years of collaboration through multiple joint ventures and investment partnerships.
Dubai Holding continues to expand its global investment footprint, managing assets valued at more than AED 500 billion across sectors including real estate, hospitality, entertainment, media, and retail.
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