Dubai Investments Park to Offer 1.7 Billion Shares; Subscription Opens October 27
Dubai Investments has announced plans to float 20% of its subsidiary DIP Holding, the owner of Dubai Investments Park, on the Dubai Financial Market. The offering comprises more than 1.7 billion shares, with subscriptions opening on October 27, 2026.
A total of 1,735,243,300 existing ordinary shares will be offered to investors. The subscription period will run from October 27 to November 3, 2026, with trading expected to begin on the Dubai Financial Market on November 11, 2026.
The share price range will be announced on October 27, with the final offer price to be disclosed on November 4. The minimum subscription amount for retail investors has been set at AED 5,000.
According to the announced details, 5% of the offered shares will be allocated to retail investors and other eligible applicants, 92% to professional investors, 1% to eligible Dubai Investments Group employees and 2% to eligible retail shareholders of Dubai Investments.
To qualify for the special allocation for Dubai Investments shareholders, applicants must own shares in the company by October 26 at the latest. The ownership record date has been set for October 28.
DIP Holding owns the developer and operator of Dubai Investments Park, a 23 million-square-metre development spanning industrial, logistics, commercial and residential activities. The development has around 1,000 tenants, 5,700 sublease agreements and more than 150,000 residents.
The occupancy rate for land covered by long-term lease agreements reached 99.9% by the end of June 2026.
DIP Holding has also announced annual dividend targets of AED 700 million, AED 725 million and AED 750 million for 2026, 2027 and 2028, respectively. The first post-offering dividend payment of AED 350 million is expected in April 2027 for the second half of 2026. The payments will be subject to the necessary approvals.
As the offering consists of existing shares, all proceeds will go to the parent company, Dubai Investments, and will be used to expand its operations and for general corporate purposes. DIP Holding will not receive any proceeds from the offering.