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Real Estate Companies and REIT in Dubai
Emaar Development holds the property development business of Emaar Properties, which owns most of its shares. The business was moved into the company in a restructuring, and the shares…
Listed since 2026 · updated October 2026
Emaar Development holds the property development business of Emaar Properties, which owns most of its shares. The business was moved into the company in a restructuring, and the shares were listed on the Dubai Financial Market in November 2017. Its master-planned communities include Emirates Living, Dubai Marina, Arabian Ranches and Downtown Dubai, according to its DFM profile. It has four billion shares with a par value of AED 1 and shares a head office with Emaar Properties in Dubai Hills Business Park.
Market figures at the close on 29 October 2026, from Dubai Financial Market (DFM) data.
| DFM symbol | EMAARDEV |
|---|---|
| ISIN | AEE001901017 |
| DFM sector | Real Estate |
| Closing price | AED 12.06 |
| 52-week range | AED 12 – AED 20.70 |
| Market value | AED 48.2 billion |
| Shares in issue | 4,000,000,000 |
| Par value | AED 1 |
| Dividend yield, last 12 months | 8.29% Cash dividends of AED 1 a share with an ex-date in the 12 months to 29 October 2026, divided by the closing price |
| Listed on the DFM | 22 November 2017 |
| Established | 2003 |
| Financial year ends | December |
| Auditor | EY (Ernst & Young) |
| Chair | Adnan Abdulfattah Kazim |
| Chief executive | Amit Jain |
| Ex-dividend date | Cash dividend | Per share |
|---|---|---|
| 3 April 2026 | 100% of par value | AED 1 |
Sources: DFM trading summary for EMAARDEV, DFM corporate actions, DFM dividends distribution summary. Checked October 2026. Share prices change every trading day; this is not investment advice.
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