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DIP Holding announced the price range for its initial public offering on October 27, 2026, setting it between AED 1.10 and AED 1.15 per share which implies a market capitalisation of between AED 9.5 billion and AED 10 billion. The offer consists of 1,735,243,300 ordinary shares representing 20 percent of the company’s issued share capital being sold by Dubai Investments PJSC as the selling shareholder. A press release distributed by the company indicated that the final offer price would be set through a book-building process with an announcement scheduled for November 4.
Subscription opened on the same day and runs through November 3 for individual subscribers, professional investors, eligible Dubai Investments PJSC group employees and qualifying shareholders. The allocation assigns 5 percent to the first tranche for individuals, 92 percent to professional investors, 1 percent to employees and 2 percent to existing shareholders of the parent company. According to details in the offering announcement the minimum application for retail investors is AED 5,000 while professional investors face a AED 1 million threshold.
The company has outlined expected annualised cash dividends of AED 700 million for fiscal year 2026, AED 725 million for 2027 and AED 750 million for 2028. This policy translates to a dividend yield of about 7.6 percent at the low end of the price range based on the 2027 dividend figure. DIP Holding highlighted these projections in its statement to attract investor interest in the listing.
DIP Holding owns and operates Dubai Investments Park, described across reports as a 23 million square metre mixed-use community in southern Dubai combining logistics, industrial, residential and commercial elements. The development has established itself as a key infrastructure-like ground rent and services platform in the emirate. The IPO marks the first public listing in the UAE this year according to market updates from regional publications.
Admission to trading on the Dubai Financial Market is expected on or around November 11, 2026 following the determination of the final price and completion of allocation. The offering has drawn strong demand with indications that it was covered quickly after opening. Professional investors will play the primary role in setting the final offer price through their subscription orders.
The parent company Dubai Investments PJSC will retain an 80 percent stake in DIP Holding after the sale of the offer shares. No proceeds from the IPO will accrue to DIP Holding itself as it is a secondary offering. The company has received confirmation that the offering complies with Shariah principles from relevant committees at Emirates NBD and Dubai Islamic Bank.
