Dubai Holding and the Investment Corporation of Dubai have completed a strategic transaction in which Dubai Holding acquired a 22.27% equity stake in Emaar Properties from ICD. With this acquisition, Dubai Holding’s total ownership in Emaar Properties rises to 29.73%, making it the company’s largest shareholder. The move strengthens Dubai Holding’s long‑standing partnership with Emaar and reflects its confidence in both the developer’s market position and the long‑term fundamentals of Dubai’s real estate sector.
Emaar Properties, one of the Middle East’s largest real estate developers, maintains a diversified global portfolio spanning residential, commercial, hospitality and retail assets. Its footprint extends across the Middle East, North Africa, Asia and Europe, supported by a robust development pipeline and a high‑quality base of recurring income‑generating properties.
The acquisition represents a strategic investment for Dubai Holding, reinforcing its commitment to supporting leading national champions and contributing to Dubai’s continued economic growth. The transaction also deepens the collaboration between Dubai Holding and Emaar, building on multiple joint ventures and shared development initiatives across the emirate.
Dubai Holding is a diversified global investment group with assets exceeding AED 500 billion across more than 30 countries. Its portfolio spans real estate, hospitality, entertainment, retail, media and other key sectors, positioning it as one of the region’s most influential investment organizations.