DIP Holding to Float 20% Stake in UAE’s First IPO of 2026
Subscriptions will run from October 27th to November 3rd, with trading expected to begin on the Dubai Financial Market on November 11th.
Dubai Investments is preparing to float a 20% stake in DIP Holding, the owner of Dubai Investments Park, in what is set to become the UAE’s first initial public offering of 2026.
Existing shareholders will offer 1.74 billion shares in the deal. If the offering size remains unchanged and all shares are allocated, Dubai Investments will retain an 80% controlling stake in DIP Holding.
Subscriptions are scheduled to open on October 27th and close on November 3rd, with the final offer price due to be announced on November 4th. Trading on the Dubai Financial Market is expected to begin on November 11th.
DIP Holding plans to distribute cash dividends twice a year, with annual payouts expected to reach AED 700 million for 2026, AED 725 million for 2027 and AED 750 million for 2028. Dividends for 2029 are expected to be at least equal to the 2028 level.
Dubai Investments Park was established in 1997 near Al Maktoum International Airport and Jebel Ali Port. The mixed-use district has around 1,000 tenants, 5,700 subtenants and more than 150,000 residents, with warehouses, hotels, retail outlets, schools and medical centres across the development.
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