Dubai Holding holds a major controlling equity stake in Emaar Properties, making it the single largest shareholder in the prominent Dubai-listed developer. Following a massive strategic share transfer from the Investment Corporation of Dubai, Dubai Holding's total ownership stake in Emaar increased significantly to approximately 29.73%. This transaction reshaped the ownership structure of one of the region's most influential real estate, retail, and hospitality enterprises. Despite this major equity concentration, Emaar continues to operate as an independently managed entity publicly traded on the Dubai Financial Market.