Tag: Investment Corporation of Dubai

  • Dubai Holding Becomes Emaar Properties’ Largest Shareholder with 29.73% Stake

    Dubai Holding Becomes Emaar Properties’ Largest Shareholder with 29.73% Stake

    The transaction reinforces a long-standing strategic partnership between Dubai Holding and Emaar Properties, one of the Middle East’s largest real estate developers with a diversified portfolio spanning residential, commercial, hospitality and retail assets across multiple continents.

    “The transaction builds on a long-standing strategic partnership and reflects our disciplined approach to capital allocation and long-term value creation,” Dubai Holding stated in an announcement on Tuesday.

    Emaar Properties is listed on the Dubai Financial Market and maintains a well-established footprint across the Middle East, North Africa, Asia and Europe, supported by a robust development pipeline and high-quality recurring income-generating assets.

    Strategic confidence in Dubai’s property sector

    The acquisition represents a strategic investment reflecting Dubai Holding’s confidence in Emaar’s market position, asset quality and long-term growth prospects, as well as in the enduring fundamentals of Dubai’s economy and real estate sector.

    Dubai Holding is a diversified global investment company with investments in more than 30 countries and an extensive portfolio of over AED500 billion worth of assets across key sectors, including real estate, hospitality, entertainment, retail, media and investments.

    The transaction also strengthens the strategic partnership between the two entities, building on multiple existing partnerships and continued collaboration across key joint ventures.

    The move comes as Emaar Properties recorded Dh22.4 billion in property sales during Q1 2026, marking a 16% year-on-year increase driven by sustained demand across both established and newly launched projects in the UAE.

    The consolidation of ownership reflects broader confidence in Dubai’s property market, which has demonstrated exceptional resilience in 2026 despite regional challenges. The emirate’s real estate sector rebounded quickly following recent geopolitical tensions, with digital platform activity recovering to 99% of normal levels within 51 days.

    Dubai Holding’s increased stake in Emaar underscores the strategic importance of the developer to the emirate’s long-term economic vision and the continued attractiveness of Dubai’s property sector to major institutional investors.