Dubai:DIP Holding Plc, owner of Dubai Investments Park, has announced plans to list its shares on the Dubai Financial Market through an Initial Public Offering. This IPO involves Dubai Investments PJSC selling 20 percent of DIP Holding's issued share capital.
According to Emirates News Agency, Dubai Investments PJSC is offering 1,735,243,300 ordinary shares, representing 20 percent of the Group's issued share capital. The shares offered are existing shares from the Selling Shareholder, and DIP Holding will not receive proceeds from the sale.
The subscription period for the Offering is set from October 27 to November 3, 2026. The Offering will be available to Individual Subscribers, Professional Investors, Dubai Investments PJSC Group Eligible Employees, and Dubai Investments PJSC Eligible Shareholders, divided into four tranches. The Selling Shareholder can adjust the Offering size, maintaining certain thresholds, subject to UAE law and CMA approval.
Shares are expected to be listed on the Dubai Financial Market around November 11, 2026. The Offer Price in AED will be determined post book-building, with the Offer Price Range announced before the Offer Period and the final price post subscription period.
The offering is confirmed to comply with Shariah principles by Emirates NBD Bank PJSC and Dubai Islamic Bank PJSC. DIP Holding is known for its mixed-use community spanning 23 million sqm, with strategic positioning and nearly full ground lease occupancy.
Khalid Jassim Bin Kalban, Chairman of DIP Holding, emphasized the listing as a continuation of DIP's long-term development and its role in Dubai's economic growth. Omar AlMesmar, CEO of DIP Holding, highlighted the IPO as a significant milestone, reinforcing the company's robust business model and operational strength.