Dubai Investments is advancing plans to float its real estate unit, Dubai Investments Park (DIP)

Dubai Investments is advancing plans to float its real estate unit, Dubai Investments Park (DIP), through an IPO, targeting a valuation in the range of AED 8–10 billion according to Bloomberg. The unit currently boasts an occupancy rate above 90%, covering industrial, commercial, and residential mixed-use developments. Company officials say the IPO would allow investors to tap into the sustained real estate boom