Dubai Investments PJSC is planning an initial public offering for up to 25% of its Dubai Investments Park (DIP) development unit, it said in a bourse filing.
The company is in talks with banks to manage the IPO, targeting completion by February 2026.
CEO Khalid Bin Kalban told Bloomberg the sale would raise capital for expansion and that Dubai Investments is evaluating which subsidiaries to list first.
Sources quoted by Bloomberg place the valuation of DIP between Dh8 billion and Dh10 billion.
Dubai Investments Park covers industrial, commercial, and residential areas. Reports place its occupancy above 90%. The move follows wider IPO activity in the UAE amid strong demand in real estate and infrastructure sectors.
