@mattkarevan: One company owns the Palm, the Burj Al Arab and Global Village. You've probably never heard its name. It owns Nakheel, which built the Palm. Jumeirah, behind the Burj Al Arab. Meraas, behind City Walk, Bluewaters and La Mer. And Global Village, with 10 million visitors a season. About 1.6 million people live in communities it built. In May it became Emaar's largest shareholder, with 29.73%. Last year it listed 35,000 of its rental homes on the Dubai Financial Market. It asked for $584 million. Investors offered $15 billion. Its name is Dubai Holding. More than $136 billion in assets, per its own figures. Follow for the money behind Dubai. #dubai #dubairealestate #dubaiholding #emaar #palmjumeirah

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Wednesday 11 November 2026 15:00:00 GMT
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