Dubai Holding has acquired a 22.27 per cent equity stake in Emaar Properties from Investment Corporation of Dubai (ICD), making Dubai Holding the largest shareholder in Emaar with a total stake of 29.73 per cent.

The acquisition marks a major strategic investment by Dubai Holding and highlights its strong confidence in Emaar Properties’ market position, high-quality assets, and long-term growth potential. The deal also reflects confidence in the strength and stability of Dubai’s economy and real estate sector.

The transaction further strengthens the long-standing strategic partnership between Dubai Holding and Emaar Properties. Both companies have collaborated on several joint ventures and partnerships across different sectors over the years.

Emaar Properties, listed on the Dubai Financial Market, is one of the Middle East’s leading real estate developers. The company has a diversified portfolio that includes residential communities, commercial projects, hospitality assets, and retail destinations.

Emaar also has a strong international presence across the Middle East, North Africa, Asia, and Europe. Its business growth is supported by a robust development pipeline and a portfolio of recurring income-generating assets.

Dubai Holding is a diversified global investment company with operations and investments in more than 30 countries. The group manages assets worth over AED 500 billion across sectors including real estate, hospitality, entertainment, retail, media, and investments.

The latest acquisition is expected to further strengthen Dubai Holding’s position in the real estate sector while enhancing its strategic relationship with Emaar Properties.