Dubai Holding and the Investment Corporation of Dubai announced the completion of a transaction through which Dubai Holding acquired a 22.27% ownership stake in Emaar Properties PJSC.

Following the transaction, Dubai Holding’s total stake in Emaar Properties has increased to 29.73%, making it the largest shareholder in the company, which is listed on the Dubai Financial Market.

Emaar Properties is one of the most prominent real estate developers in the Middle East, with a broad and diversified portfolio that includes residential, commercial, hospitality, and retail assets.

The company also has a strong presence across several regional and international markets, including the Middle East and North Africa, Asia, and Europe. This presence is supported by a solid development portfolio and high-quality income-generating assets.

The new transaction reflects Dubai Holding’s confidence in Emaar Properties’ market position, the strength of its assets, and its long-term growth prospects, in addition to continued confidence in Dubai’s economy and real estate sector.

It also represents a strategic step that strengthens the relationship between Dubai Holding and Emaar Properties, building on a long-standing partnership between the two entities and ongoing cooperation across several key joint projects.

This move is expected to support Dubai Holding’s presence in the real estate sector, while further reinforcing Emaar Properties’ position as one of the leading developers of major real estate projects in Dubai and beyond.