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Market Chatter: Emaar Properties Reportedly Weighs Emaar Development Takeover

MT Newswires·11/03/2026 06:15:36
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06:15 AM EST, 11/03/2026 (MT Newswires) -- Emaar Properties (DFM:EMAAR) is reportedly weighing a potential acquisition of the remaining minority shares it does not own in Emaar Development (DFM:EMAARDEV), Bloomberg News reported Tuesday, citing people familiar with the matter. The Dubai-listed real estate company, which already owns a more than 79% stake in Emaar Development, could pay up to $3 billion to consolidate its ownership of the construction unit at its current valuation of over $14 billion. The pay structure and consideration are still being negotiated, and there is no assurance that a transaction will push through, the report said. Emaar Properties did not immediately respond to a request for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)