Dubai's Emaar plans offer to buy out construction arm in $3.4 billion deal
November 4, 2026
Marsares Editorial Team
Emaar Properties plans to launch a cash bid to acquire the outstanding shares of Emaar Development, setting the offer price at 15 dirhams per share. This valuation places the construction division at a remarkable 60 billion dirhams. Even amid regional unrest, shares of Emaar Development saw a minor increase as they approach the offer price.
Source: ET Realty