Dubai Investments PJSC

Name

Dubai Investments PJSC

Legal name

Dubai Investments PJSC

Website

https://dubaiinvestments.com

Company type

Public

Founded year

1995

Operating status

Operating

Headcount range

1,001–5,000 employees

Ownership category

akta.pro rank

Product category

Diversified Industrial and Investment Conglomerate

NAICS

All Other Financial Investment Activities (52399)

SIC

Investors, Nec (6799)

akta.pro primary industry

Corporate Strategic Real Assets & Infrastructure Venture Investing (FSANAHAN)

Keywords

• Diversified investment holding
• Real estate development
• Building materials manufacturing
• District cooling services
• Pharmaceutical manufacturing

Headquarters

HQ city

Dubai

HQ country

United Arab Emirates

HQ region

Middle East

Offices7 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Real Estate Development and Ground Rent: Dubai Investments generates revenue through property development and sales (Danah Bay, Violet Tower, Asayel Avenue, Al Vista) as well as recurring ground-rent income from its Dubai Investments Park infrastructure platform. Rental income from real estate was Dh1.19 billion, making it the major revenue contributor. Real estate development follows a project sales model with handover-based revenue recognition across multiple delivery timelines from H2 2026 through 2028.
2. Building Materials Manufacturing: Manufacturing subsidiaries produce and sell glass products (Emirates Glass, Emirates Float Glass, Saudi American Glass — collectively producing over 14.8M sqm in 2024), aluminium extrusion profiles (Emirates Extrusion Factory), and pre-engineered steel buildings (Emirates Building Systems). Revenue is generated through project-based sales to contractors, developers, and project owners across 35+ countries.
3. District Cooling Services: Emicool provides district cooling services to residential, commercial, and industrial customers in Dubai under concession agreements. Emicool expanded its UAE presence through concession agreements including Al Reef Cooling Company in Abu Dhabi. Emicool secured AED 2.25 billion in green financing backed by Dubai Islamic Bank and Abu Dhabi Commercial Bank to support energy efficiency and district cooling projects.
4. Pharmaceutical Manufacturing and Sales: Globalpharma manufactures and distributes generic pharmaceuticals across the UAE, KSA, and MENA markets. Globalpharma leads the UAE market (ranked #1) and ranks #4 in KSA with 12.1% and 9.7% market share respectively. Revenue is generated through sales to pharmacies, hospitals, and healthcare providers, with new product registrations expanding the portfolio.
5. Financial Services and Investment Returns: Al Mal Capital (majority-owned subsidiary) provides financial advisory, investment management, and operates the Al Mal Capital REIT (AED 210M strategic investments in education, healthcare, industrials, delivering 7%+ returns). The group also holds stakes in Monument Bank (16.93%, digital-first bank in UK) and NGI (insurance and financial services), generating investment income and dividend returns.
6. Retail and Community Services: Market Mall and Al Taif Mall provide retail leasing revenue through tenant rent and service charges. Market Mall hosts community events (Dubai Flea Market monthly, Easter activations, blood donation drives) that drive footfall and tenant value.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels7 records

Core offering

Dubai Investments is a diversified investment holding company that develops and manages a portfolio of 35 subsidiaries across real estate (residential, commercial, mixed-use developments and integrated business community Dubai Investments Park), building materials manufacturing (architectural and float glass, aluminium extrusion, pre-engineered steel buildings), pharmaceutical manufacturing (Globalpharma generics), district cooling services (Emicool), and financial services (Al Mal Capital and Al Mal Capital REIT). The group sells building materials directly to contractors and developers, leases and sells property to investors and tenants, distributes pharmaceuticals through pharmacies and hospitals, supplies cooling under concession agreements, and manages investment portfolios for shareholders.

Product overview

Dubai Investments PJSC is a diversified investment company incorporated in 1995, operating across five core sectors: Real Estate, Building Materials, Healthcare, Investments, and Services, through 35 subsidiaries, associate companies, and joint ventures. The company functions as a multi-sector investment holding group rather than a single-product company. Its real estate arm (Dubai Investments Real Estate — DIR) develops residential and mixed-use projects including Danah Bay (Al Marjan Island), Al Vista (Meydan), Violet Tower (JVC), Asayel Avenue (Mirdif Hills), and Mirdif Hills. Its manufacturing portfolio encompasses glass (Emirates Glass, Emirates Float Glass, Glass LLC — producing 14.8M+ sqm annually), aluminium extrusion (Emirates Extrusion Factory), and pre-engineered steel buildings (Emirates Building Systems). District cooling is served through Emicool. Healthcare includes Globalpharma (pharmaceutical manufacturing ranked #1 in UAE), while financial services are channelled through Al Mal Capital and Al Mal Capital REIT. IT services are provided internally by Techsource. Dubai Investments Park (DIP) is the group's flagship integrated community development, with international expansion through DIP Angola. The group also operates digital platforms including the EFG Glass Configurator, Emiview (district cooling monitoring), and Revo Suite CRM.

Differentiator

Problem solved

Functional benefit

Brands

• Danah Bay: Premium waterfront development on Al Marjan Island in Ras Al Khaimah featuring 189 villas, residential tower, and hotel tower
• Violet Tower
• Al Vista
• Asayel Avenue
• Mirdif Hills
• Green Community
• Market Mall
• Al Taif Mall
• Emicool
• Emiview
• EmiCool Glass
• EmiFire
• Global Fertility Partners
• Al Mal Capital REIT

Products and services

• Dubai Investments Park (DIP)
• Danah Bay
• Al Vista
• Violet Tower
• Asayel Avenue
• Mirdif Hills
• Al Taif Business Centre
• DIP Angola
• Emirates Glass
• Emirates Float Glass
• Emirates Extrusion Factory
• Emirates Building Systems (EBS)
• Emicool District Cooling Services
• Globalpharma Pharmaceuticals
• Al Mal Capital REIT
• Al Mal Capital Financial Advisory
• EFG Glass Configurator
• Emiview Platform

Quantifiable outcome

• 31% increase in profit before tax to AED 1.70 billion for FY 2025, up from AED 1.3 billion in 2024
• +7 more outcomes

Named customers10 records

Segments4 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

14 partnerships are on record, tiered core and minor.

• JOOD (Dubai Community Contributions Establishment)coreStrategic or Co-development Partner · 6 April 2026Dubai Investments signed an MoU with JOOD to collaborate on community-focused social initiatives aligned with Dubai Social Agenda 33. The partnership supports verified initiatives across healthcare, housing, education, sports, culture & arts, and the environment, reflecting Dubai Investments' sustainability and ESG framework and commitment to measurable social impact.
• Dubai Police (Esaad Programme)minorStrategic or Co-development Partner · 24 February 2026Dubai Police expanded its Esaad employee benefits programme by signing a MoC with Dubai Investments, enabling employees of the organisation and its 64 affiliated entities to access exclusive discounts and privileges. The partnership aims to enhance employee wellbeing and strengthen government-private sector integration.
• Emirates AirlinecoreStrategic or Co-development Partner · 21 January 2026Emirates Airline signed an agreement with Dubai Investments Park to acquire land for a Cabin Crew Village — a multi-billion-dirham residential and mixed-use development at DIP to house up to 12,000 cabin crew members across 20 residential towers (19 floors each). Groundbreaking scheduled for Q2 2026, first phase completion in 2029. The project supports Emirates' transition to Al Maktoum International Airport while reinforcing Dubai's positioning as a global aviation hub.
• UNIMEDminorChannel Partner/ Reseller/ Distributor · 1 January 2026Globalpharma signed a strategic distribution agreement with UNIMED at World Health Expo 2026, strengthening pharmaceutical distribution reach in the region.
• Reportage GroupcoreStrategic or Co-development PartnerDIP Angola signed a landmark 10 million sq. ft. land deal with UAE's Reportage Group, paving the way for large-scale development and regional investment. The deal is valued at AED 1.8 billion and represents a major milestone for DIP Angola's development.
• Trice ChemicalsminorStrategic or Co-development PartnerDIP Angola signed with Trice Chemicals for a major manufacturing unit set to boost industrial growth and regional investment at the Angola development.
• Al Reef Cooling Company (Abu Dhabi)minorStrategic or Co-development PartnerEmicool expanded its UAE presence through a concession agreement with Al Reef Cooling Company in Abu Dhabi, extending district cooling services to additional geographies.
• Yellow Door EnergyminorStrategic or Co-development PartnerEmicool partnered with Yellow Door Energy to launch four solar plants, advancing efforts to decarbonise Dubai's district cooling operations and support UAE's clean energy targets.
• United Pharmaceuticals Company (KSA)minorChannel Partner/ Reseller/ DistributorGlobalpharma signed an exclusive partnership agreement with United Pharmaceuticals Company in KSA to expand its business in the Kingdom, combining global expertise with strong local market presence.
• Zenith Pharma (Morocco)minorChannel Partner/ Reseller/ DistributorGlobalpharma partnered with Zenith Pharma to strengthen healthcare in Morocco, combining international expertise with strong local market presence to enhance patient access and support healthcare professionals.
• ZIM Labs (India)minorStrategic or Co-development PartnerGlobalpharma and ZIM Labs partnered to transform oral drug delivery in UAE, leveraging ZIM Labs' oral dispersible film (ODF) technology to expand Globalpharma's innovative dosage form portfolio.
• Angola FSDEA (Fundo Soberano de Angola)coreStrategic or Co-development PartnerDubai Investments signed a strategic agreement with Angola's FSDEA (Sovereign Wealth Fund of Angola) to co-develop real estate in Luanda Province. This is a flagship international expansion partnership for Dubai Investments Park Angola.
• Angola Ministry of HealthcoreStrategic or Co-development PartnerDubai Investments, through Globalpharma, signed an MoU with Angola's Ministry of Health to explore pharmaceutical manufacturing and healthcare investment opportunities in Angola, aligning with the country's healthcare development priorities.
• Dubai Health AuthorityminorStrategic or Co-development PartnerGlobalpharma attended AIM Congress on redefining pharma manufacturing in the Emirates with participation from ministry and industry leaders. Globalpharma participated in the Future Factory Show and Dubai Industry 4.0 programme assessments organised by Dubai Economic Development Corporation (DET) and Kearney.

Scale indicators18 records

Recent moves14 records

Expansion highlights6 records

Direct peers

• International Holding Company (IHC): Abu Dhabi-listed diversified conglomerate holding stakes across real estate, healthcare, food, energy, and services. Most directly comparable to Dubai Investments as a UAE publicly-listed holding company pursuing a similar multi-sector investment and operating model.
• Multiply Group: Abu Dhabi-listed holding company building a diversified portfolio of operating businesses across sectors including mobility, energy, and wellness. Closely comparable as a young UAE-listed conglomerate pursuing buy-and-build strategies across non-correlated verticals.
• Alpha Dhabi Holding: Abu Dhabi-listed holding company with major construction, real estate, and industrial exposure. Comparable as a UAE-listed diversified holding with significant building materials and property development operations.
• National Central Cooling Company (Tabreed): UAE-listed district cooling provider operating across the GCC. Directly comparable to Dubai Investments' Emicool subsidiary in terms of business model, concession structure, and ESG positioning, though pure-play cooling versus diversified parent.
• Emirates Central Cooling Systems (Empower): Dubai's largest district cooling provider, majority-owned by DEWA. Directly comparable to Emicool as a UAE district cooling operator serving commercial, residential, and industrial customers under long-term concession agreements.
• Gulf Pharmaceutical Industries (Julphar): UAE-listed pharmaceutical manufacturer with MENA distribution. Comparable to Globalpharma as a UAE-headquartered generics manufacturer targeting regional markets, though operating as a focused pharma pure-play rather than within a diversified group.

Broad incumbents

• Emaar Properties: Dubai's largest listed real estate developer, behind Downtown Dubai, Dubai Marina, and major malls. Comparable as a UAE-listed developer and operator of large-scale residential, commercial, and retail real estate, though substantially larger and more focused on property development than Dubai Investments' diversified model.
• Aldar Properties: Abu Dhabi's leading listed real estate developer and manager, operating across residential, commercial, retail, and education. Comparable for its UAE-listed integrated real estate platform with recurring rental income, though narrower in sectoral focus than Dubai Investments.
• DAMAC Properties: Dubai-listed luxury real estate developer with master-planned communities and branded residences. Comparable as a Dubai-listed property developer targeting similar end-markets, though pure-play real estate versus Dubai Investments' diversified model.
• Abu Dhabi Developmental Holding Company (ADQ): Abu Dhabi sovereign-backed strategic holding company with major stakes in food, healthcare, logistics, energy, and real estate. Comparable as a UAE strategic holding company investing in real assets and infrastructure across multiple sectors, though at substantially larger scale and with sovereign capital base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/dxbinvestments
• Facebookfacebook.com/Dubaiinvestmentcompany
• LinkedInlinkedin.com/company/dubai-investments-pjsc
• Instagraminstagram.com/dubai.investments.dxb

Compliance18 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries19 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments3 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Dubai Investments PJSC