Jumeirah is owned by Sheikh Mohammed bin Rashid Al Maktoum.
Understanding Jumeirah's Ownership
Jumeirah Group, a global luxury hotel company, was established in 1997. As stated in the reference, it became a part of Dubai Holding in 2004. Dubai Holding itself is owned by Sheikh Mohammed bin Rashid Al Maktoum, who is the Vice President and Prime Minister of the UAE and Ruler of Dubai. Therefore, the ultimate owner of Jumeirah Group is Sheikh Mohammed bin Rashid Al Maktoum, through the parent company, Dubai Holding.
This ownership structure places Jumeirah within a large diversified conglomerate based in Dubai, contributing to the emirate's strategic vision for tourism and hospitality.
Key Facts
Here are some key facts regarding Jumeirah's ownership:
- Established: 1997
- Became part of Dubai Holding: 2004
- Parent Company: Dubai Holding
- Ultimate Owner of Dubai Holding: Sheikh Mohammed bin Rashid Al Maktoum
You can see the relationship summarised in the table below:
| Entity | Relationship to Jumeirah | Ultimate Owner |
|---|---|---|
| Jumeirah | Owned by Dubai Holding | Sheikh Mohammed bin Rashid Al Maktoum |
| Dubai Holding | Owner of Jumeirah | Sheikh Mohammed bin Rashid Al Maktoum |
This structure is common for major entities and corporations within the UAE, where many are linked to or owned by the ruling families or government-related entities. Jumeirah operates some of the world's most luxurious hotels and resorts, including the iconic Burj Al Arab Jumeirah.
