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Emaar: ownership of Emaar Development

This dossier follows the proposed purchase of Emaar Development minority holdings, its conditions and decisions by the competent corporate bodies.

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Emaar plans AED 15-a-share cash offer for Emaar Development

Emaar Properties announced on 4 November 2026 that it intends to offer AED 15 in cash for each Emaar Development share it does not already own. The proposal remains subject to approval by its board.

Flag of the United Arab Emirates.
UAE flag, June 2017. Geographic archive illustration; it does not show the Emaar transaction. Ghania0007, CC BY-SA 4.0; resized. — Ghania0007 / Wikimedia Commons — CC BY-SA 4.0 https://creativecommons.org/licenses/by-sa/4.0/ — 17 juin 2017 ; taille réduite.

The notice filed with the Dubai Financial Market covers shares held by neither Emaar Properties nor its indirect subsidiary Emirates Property Holdings Limited. It sets out an intended voluntary offer, rather than a completed acquisition.

The disclosure provides no execution timetable or total transaction cost. Final terms will depend on subsequent corporate decisions and announcements.

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