Home News Dubai Holding Acquires ICD Stake to Lead Emaar Shareholding

Dubai Holding Becomes Emaar's Largest Shareholder

May 12, 2026
42 min
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May 12, 2026 05:30
Dubai Holding becomes Emaar’s largest shareholder after acquiring ICD stake

## Strategic Acquisition

Dubai Holding has significantly increased its stake in Emaar Properties, becoming the largest shareholder after acquiring a 22.27% equity stake from the Investment Corporation of Dubai (ICD). This acquisition boosts Dubai Holding's total stake in the developer to 29.73%.

## Confidence in Growth

The move is seen as a strategic consolidation, reflecting Dubai Holding's confidence in Emaar's long-term growth and the strength of Dubai's real estate market. Emaar, known for its diverse portfolio across the Middle East, Asia, and Europe, continues to be a key player in the region's property sector.

## Reinforcing Partnerships

This acquisition also strengthens the partnership between Dubai Holding and Emaar, who have collaborated on numerous high-profile projects. Dubai Holding's global portfolio, valued at over Dh500 billion, spans various sectors including real estate, hospitality, and media across more than 30 countries.

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