Dubai Holding
Dubai-based investment company established in 2004 with real estate, hospitality, retail, entertainment and media businesses, more than AED 500 billion in assets and investments in over 30 countries.
Industry: Diversified investment holding | Location: Dubai, United Arab Emirates | Founded: 2004
About Dubai Holding
Dubai Holding is a diversified investment company based in Dubai. Its website describes businesses in real estate, hospitality, leisure and entertainment, retail, media, technology, design, education, manufacturing and science. It states that it holds assets of more than AED 500 billion, invests in more than 30 countries and has a combined workforce of about 45,000. TechScoop describes it as a state-backed company owned by Dubai's ruler.
Dubai Holding says it was established in 2004 to support the government's long-term vision of a diversified economy. HH Sheikh Ahmed bin Saeed Al Maktoum is chairman and Amit Kaushal is Group Chief Executive Officer. Sharjil Anwar is Group Chief Financial Officer, and Omar Karim is Group Chief Investment Officer and chief executive of Dubai Holding Investments.
Its operating companies include the developers Nakheel, Meraas and Dubai Properties, the Jumeirah hotel brand, the mall operator Dubai Retail, Dubai Holding Entertainment and Hatta Resorts. In January 2026 it bought Jumeirah Mallorca, a 121-room resort in Spain.
Dubai Holding Investments joined an EQT-led consortium that completed the acquisition of Nord Anglia Education in March 2025 at a valuation of $14.5 billion. In May 2025 Dubai Residential REIT listed on the Dubai Financial Market, raising AED 2,145 million, with a Dubai Holding subsidiary keeping 85 percent. In February 2026 Dubai Holding sold its 24 percent stake in the district cooling company Empower to Dubai Electricity and Water Authority for AED 5.184 billion, and expanded a joint venture with Aldar to cover developments with a gross development value above AED 38 billion. In May 2026 it announced an AI deployment with Microsoft.
On 12 May 2026 Dubai Holding completed the purchase of a 22.27 percent stake in Emaar Properties from Investment Corporation of Dubai, lifting its holding to 29.73 percent and making it Emaar's largest shareholder. The release gave no price; TechScoop reported a $6.5 billion deal.
In June 2026 TechScoop reported, citing Bloomberg, that Dubai Holding was in early talks about taking a stake in the European data centre platform Hscale, with no guarantee of a deal.
Leadership
- Amit Kaushal, Group Chief Executive Officer
- Khalid Al Malik, Managing Director; Chief Executive Officer, Dubai Holding Real Estate
- Sharjil Anwar, Group Chief Financial Officer
- Omar Karim, Group Chief Investment Officer; Chief Executive Officer, Dubai Holding Investments
- Oliver Skagerlind, Group Chief Technology Officer
- Thomas B. Meier, Chief Executive Officer, Jumeirah