Dubai Holding has acquired a 22.27 per cent equity stake in Emaar Properties from the Investment Corporation of Dubai (ICD), becoming the company's largest shareholder with a total 29.73 per cent stake.
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 enduring fundamentals of Dubai’s economy and real estate sector.
The strategic 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.
Emaar Properties is listed on the Dubai Financial Market and is one of the largest real estate developers in the Middle East, 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 robust development pipeline and a high-quality portfolio of recurring income-generating assets.
Meanwhile, Dubai Holding is a diversified global investment company with investments in more than 30 countries and an extensive portfolio of over AED 500 billion worth of assets across key sectors, including real estate, hospitality, entertainment, retail, media, and investments.
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