www.marketscreener.com. Dubai's Emaar Properties plans to launch an offer to buy the stake it does not already own in its construction arm Emaar Development , it said on Wednesday, in a potential deal worth as much as. The firm plans to offer 15 dirhams per share ($4.08) for Emaar Development PJSC, valuing the company at 60 billion dirhams. While that’s a premium to the firm’s last close of 13.90 dirhams, it’s.