Why Invest in DIP Holding?
DIP Holding offers investors access to a mature, nearly fully occupied mixed-use community in Dubai’s southern corridor. Its business model combines long-term ground leases, diversified recurring income and limited ongoing capital requirements, supporting strong cash generation and opportunities for sustainable growth.
Differentiated Infrastructure-Like Ground Rent Model Providing Predictability and Stability
Strong Asset Management Capabilities
Infrastructure-Like Cash Flows: High Margin, Capex-Light and Highly Visible
Experienced Management Team and Supportive Long-Term Shareholder
Our Growth Strategy
DIP Holding’s growth strategy focuses on increasing income from the existing Park, supported by Dubai’s continued economic expansion, population growth, and investment in infrastructure, including the expansion of Al Maktoum International Airport.
Growth within the Park
Repricing ground rents to market
Long-term ground leases include periodic rent reviews linked to prevailing market rates. These provide opportunities to increase rental income as leases reach their scheduled review dates. In H1 2026, the Group repriced 0.8 million sqm, achieving an average rent increase of approximately 28%.
Growing subleasing activity
As demand for space within the Park grows, increased subleasing activity and higher market rents create opportunities for additional fee income from the existing tenant base. DIP Holding’s subleasing revenue grew by 31% to AED 92 million in H1 2026.
Tenants moving to higher-value uses
The continued shift towards higher-value activities, including logistics, creates opportunities to increase ground rents and subleasing income. Tenants fund the development of their own facilities, allowing DIP Holding to benefit from these changes with limited capital investment. In H1 2026, approximately 184,000 sqm was repositioned, generating rental increases ranging from 27% to 81% across affected tenants.
Long term: extending the model
Over the longer term, DIP Holding may consider applying its operating model at other strategic locations. Such opportunities would be assessed against commercial and capital allocation criteria. Any potential projects are expected to be developed first by Dubai Investments PJSC and considered by DIP Holding on an arm’s-length basis only where they would create value for shareholders.
Strategic Location and Connectivity
DIP’s strategic location places it within Dubai’s growing southern corridor, a key logistics corridor and a focal point of ongoing economic development and infrastructure expansion.
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Close proximity to Jebel Ali Port, the busiest port in the Middle East
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Adjacent to Al Maktoum International Airport
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Direct access to major arterial highways including Sheikh Mohammed Bin Zayed Road
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Dedicated Dubai Metro station
Frequently Asked Questions
About DIP Holding
What does DIP Holding do?
DIP Holding owns DIPDC, the company that operates Dubai Investments Park (DIP), a fully developed 23 million sqm mixed-use community in Dubai’s southern corridor. The Group grants long-term ground leases and provides infrastructure and services across the Park. DIP has approximately 1,000 tenants, 5,700 subleases and more than 150,000 residents.
How does DIP Holding make money?
The Group has three main revenue streams:
- Ground rent from long-term leases of land plots to tenants
- Subleasing fees, charged when tenants sublease space to third parties
- Services and ancillary income, including service charges, sewerage charges and lease transfer fees
Is DIP Holding a real estate developer?
The Group’s core business is land leasing, infrastructure and services rather than property development. Tenants generally develop and finance their own buildings, so DIP Holding has limited development capital requirements compared with a traditional property developer.
How diversified is the business?
DIP serves four sectors. In H1 2026, logistics generated 45% of revenue, residential 30%, industrial 16% and commercial 9%. Revenue comes from around 1,000 tenants across these sectors.
Where will growth come from?
Mainly from within the existing Park, through three levers: repricing ground rents to market rates as leases reach their review dates, rising subleasing activity, and tenants moving their plots to higher-value uses. Around 10.7 million sqm is contracted to reprice between H2 2026 and 2030.
See Our growth strategy for more detail.
Financial performance and dividends
What is DIP Holding’s dividend policy?
DIP Holding intends to pay cash dividends twice a year, with payments expected in April and October. Its annualised FY 2026 target is AED 700 million, followed by targets of AED 725 million for FY 2027 and AED 750 million for FY 2028. From FY 2029, it expects dividends in line with or above the FY 2028 level. The FY 2026 figure is annualised and should not be read as the amount payable to public shareholders after listing. All payments depend on the required approvals and availability of distributable reserves. See the Dividends page for details.
When is the first dividend, and who will receive it?
The first planned dividend after listing is AED 350 million, expected in April 2027 in respect of the full second half of 2026. Eligible shareholders on the register at the relevant record date will be entitled to the declared dividend, subject to applicable requirements. The record date will be announced through the DFM.
Shares and shareholders
How can I buy or sell DIP Holding shares?
Shares can be bought or sold through a DFM-licensed broker. Investors generally need a DFM Investor Number (NIN). For instructions on obtaining a NIN or opening a trading account, visit the DFM website or contact a licensed broker.
What is the relationship between DIP Holding and Dubai Investments PJSC?
Dubai Investments PJSC is DIP Holding’s majority shareholder. It has supported the development of Dubai Investments Park for more than 25 years and consolidates the Group in its financial statements.
Where is DIP Holding incorporated, and which governance rules apply?
DIP Holding PLC is a public company limited by shares, incorporated in the Dubai International Financial Centre (DIFC). It has chosen to comply with the corporate governance rules issued by the UAE Capital Market Authority, alongside the DIFC Companies Regulations and the DFM’s listing and disclosure requirements.