Emaar Properties, one of Dubai’s leading real estate developers, has approved a special dividend worth Dh4.4 billion for its shareholders. The decision was announced following a board meeting as the company continues to focus on strengthening shareholder value and maintaining its strong financial position.

The special dividend represents an additional distribution to shareholders alongside the company’s regular dividend. The announcement reflects Emaar’s financial performance and its approach to managing capital while continuing its development activities across Dubai and other markets.

Emaar has recorded strong growth in its property business, supported by continued demand for residential and commercial developments. The company has delivered a wide range of communities, including residential neighbourhoods, waterfront projects, retail destinations and mixed-use developments, contributing to Dubai’s expanding real estate landscape.

The developer has also reported strong property sales and a significant revenue backlog, providing visibility for future business performance. Its continued sales activity reflects the ongoing demand for properties across Dubai, where both local and international investors remain active in the market.

The special dividend is subject to the required shareholder and regulatory approvals. Further details regarding the payment process and relevant dates are expected to be announced by the company following the completion of the approval process.

Emaar’s latest announcement highlights the company’s financial strength while its ongoing development portfolio continues to support Dubai’s real estate sector. With new communities and projects progressing across the emirate, the developer remains an important participant in Dubai’s property market.