Dubai Investments has raised Dh1.9 billion ($529 million) from the sale of a 20 per cent stake in its subsidiary DIP Holding, in the UAE’s first initial public offering this year. The company set the final pricing at Dh1.12 per share, settling in the middle of the announced range of Dh1.10 to Dh1.15, DIP Holding said on Wednesday in a statement to the Dubai Financial Market where its shares are traded.