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No, Emaar isn`t a privately owned company. The Dubai Financial Market is home to the publicly traded joint stock company (DFM). This indicates that investors can buy its shares, which are listed on a public exchange.
About Emaar Properties
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Emaar is a Public Joint Stock Company listed on the Dubai Financial Market. Although the Dubai government and Investment Corporation of Dubai are large shareholders, several institutional investors share its stock ownership. Since there is no restriction on who can buy Emaar shares, they differ from a private company.
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