This Dubai company has just announced the UAE’s first IPO of 2026
Dubai Investments has announced plans for the UAE’s first IPO of 2026, offering a 20 per cent stake in DIP Holding on the Dubai Financial Market
19 October, 2026
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Investors are set to get their first opportunity to subscribe to a UAE initial public offering (IPO) in 2026, after Dubai Investments announced plans on Monday to float a 20 per cent stake in its Dubai Investments Park business.
The Dubai-listed conglomerate said it would offer approximately 1.74 billion existing shares in DIP Holding on the Dubai Financial Market (DFM), with subscriptions opening on October 27 and trading expected to begin around November 11.
The proposed listing would mark the UAE’s first IPO of the year, bringing fresh activity to the country’s equity capital markets.
According to EY, just three companies went public in the UAE in 2025, compared with seven in 2024. Last year’s listings included Dubai Residential REIT and construction company ALEC Holdings on the DFM, alongside technology firm Alpha Data on the Abu Dhabi Securities Exchange.
“The proposed IPO represents a natural next step in the Company’s evolution and reflects the maturity, scale and quality of the business,” said Khalid bin Kalban, vice chairman and chief executive of Dubai Investments and chairman of DIP Holding.

DIP Holding owns the operator of Dubai Investments Park, a 23 million square metre mixed-use development located between Jebel Ali Port and Al Maktoum International Airport.
The development serves approximately 1,000 tenants across logistics, industrial, residential and commercial sectors, supports around 5,700 sub-leases and is home to more than 150,000 residents.
Ground lease occupancy stood at 99.9 per cent at the end of June 2026.
DIP Holding reported revenue of Dhs960m and adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) of Dhs678m in 2025.
Revenue reached Dhs492m in the first half of 2026, with adjusted EBITDA of Dhs355m, representing a margin of 72 per cent.
“The proposed IPO comes at a time when Dubai’s capital markets continue to demonstrate depth and maturity, supported by strong economic fundamentals, a well-established regulatory framework and sustained investor confidence in the UAE,” bin Kalban said.
Dubai Investments will receive the proceeds from the share sale, which it intends to use largely for business expansion and general corporate purposes. The offer price has yet to be disclosed.
DIP Holding expects annualised dividends of Dhs700m for 2026, rising to Dhs725m in 2027 and Dhs750m in 2028, subject to approvals.
Its first post-IPO dividend payment of Dhs350m is expected in April 2027.


















