Q2 2015Results Presentation

12th August 2015

EXPERIENCE AMAZING

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CONTENT

Highlights of Q2 2015

Project Update

Corporate and Operational Update

Financial Summary

As at 30 June 2015, the Company had not commenced revenue generating activities; consequently there is no operating revenue during the period

Property and equipment, investment properties and advances and other receivables

3,756 2,564

Cash and other financial assets 3,269 4,314

Total assets 7,025 6,878

Loss for the period 29 21

Q2 2015 Performance Highlights

• MoU with dnata to become preferred travel partner and gain access to regional ticket distribution centers

• Leasing at RiverlandTM Dubai commences with 4 lease proposals signed

• Finished hiring process for senior management team of the parks

On track to open in October 2016

• 80% procurement completed–13% increase• 57% projects structure works completed–29% increase• 43% resort wide infrastructure completed–15% increase• AED 3.8 billion project expenditure as at the end of June

2015

Due to rounding, numbers presented may not add up precisely to the totals provided and percentages may not precisely reflect the absolute figures. 30 June 2015 figures are unaudited interim condensed consolidated figures. 4

CONTENT

Highlights of Q2 2015

Project Update

Corporate and Operational Update

Financial Summary

Project Update Snapshot

2014 Q2 2015

Target2015

31% 52% 99%

Concept and schematic design completed; detailed design to be completed by Q3 2015

Master plan approved. Traffic Impact Study and Environment Impact Analysis approval obtained.

2014 Q2 2015

Target2015

20% 43% 65%

Substation 65% 90% 100%

District cooling 50% 84% 100%

Resort-wide roads and underground utilities

64% 78% 100%

2014 Q2 2015 Target2015

31% 57% 100%

2% 23% 89%

Structure works 16%* 57% 96%

MEP 0% 9% 77%

2014 Q2 2015

Target2015

88% 92% 100%

2014 Q2 2015

Target2015

0% 8% 95%

2014 Q2 2015

Target2015

50% 80% 100%Ride orders placed; using tried and tested ride technology from leading global providers

* Previously reported percentage completion of 25% included district cooling and substation. This updated figure is only for project structure works.Due to rounding, numbers presented may not add up precisely to the totals provided and percentages may not precisely reflect the absolute figures. 30 June 2015 figures are unaudited.

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Construction update

Rajmahal Theatre

DreamWorks Building

LEGOLAND® Dubai

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8

China State Construction Engineering Corporation Middle East (CSCME) was awarded an AED244m contract by Dubai's Roads &Transport Authority to build access roads leading to the DPR site from Sheikh Zayed Road.

Spanning 14 months, the contract entails the construction of two-direction ramps to provide access to DPR's site from the adjacent road network, and grade intersections located on the link between E311 & E11.

The project also includes the construction of roadway signage and pavement marking; street lighting; landscaping; irrigation ducts; storm drainage; diversion; and, protection of services systems.

Infrastructure construction update

• Substation and district cooling on track

• DPR may defer turning on the power when construction finishes in Q3 till Q1 2016 as a cost saving measure

• DPR has commenced the first phase of transporting 9,500 trees, 6,600 palms and 1.2 million shrubs and groundcovers to its on-site nursery. To date over 300 palms have been planted.

Substation

District Cooling

Nursery

Key Indicators TOTAL

Cumulative project expenditure at the end of 2014(AED millions)

796 401 327 137 203

Infrastructure and others

2,602738

RivelandTM Dubai formerly known as Riverpark

Q2 2015 Project Expenditure

Cumulative project expenditure at the end of Q2 2015 (AED millions)

1,195 556 506 252 255 3,8441,080

5,900Cumulative project expenditure target for the end of 2015

Due to rounding, numbers presented may not add up precisely to the totals provided and percentages may not precisely reflect the absolute figures. 30 June 2015 figures are unaudited.Total project expenditure does not include interest income and finance costs (refer Cash Flow statement).

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Pre-Opening2% Land

23%

Soft Costs27%

Hard Costs48%

CONTENT

Highlights of Q2 2015

Project Update

Corporate and Operational Update

Financial Summary

Corporate and Operational Update

• MoU signed in May with dnata, one of the largestinternational travel sales networks.

• Agreement allows Dubai Parks and Resorts access todnata’s extensive travel portfolio to support them in thesale and distribution of tickets and visitor packages

• dnata’s network covers key international marketsincluding UK, Europe, Australia and Africa – with morethan 200 direct outlets alone in the Middle East and India– with online, offline, customer contact centres, as well asMICE business

• Deal helps further integrate Dubai Parks and Resorts intothe existing Dubai tourism infrastructure

• Dubai Parks and Resorts announced the start of leasing ofthe 220,000 square feet of space at RiverlandTM Dubai in June

• RiverlandTM Dubai will feature over 50 dedicated outlets fromshops and street cafes to formal restaurants and is expectedon its own to attract close to 1 million visits a year

• Overwhelming interest with over 500 concepts received, asat the end of the second quarter we have signed 4 leaseproposals accounting for 7% of the total leasable space

• Initial numbers indicate that Dubai Parks and Resorts is likelyto exceed revenue expectations for its first full year ofoperations

4 concepts signed

60+ concepts shortlisted

13% of forecasted leasing revenue secured

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7% space leased

Corporate and Operational Update…continued

Over the course of the second quarterthe DPR team has grown to over 160.

Dubai Parks and Resorts hascompleted the move to its newcorporate headquarters.

Dubai Parks and Resorts has completed the hiring of all of the senior management positions for its parks.

'People's Choice Award – Arabian Travel Market 2015'.'Best Stand Feature Award– Arabian Travel Market 2015'.

May 2015 – Dubai Parks and Resorts participatedat the ATM 2015 and reveled a full scale model ofthe destination. With over 20,000 participantsthis year, DPR managed to attract close to 15,000through its stand and won both people’s choiceand best stand feature award.

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CONTENT

Highlights of Q2 2015

Project Update

Corporate and Operational Update

Financial Summary

Q2 2015 Interim Condensed Consolidated Financial Statements

Due to rounding, numbers presented may not add up precisely to the totals provided and percentages may not precisely reflect the absolute figures. 30 June 2015 figures are unaudited.Advances include interest receivable

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Property and equipment

42%

Investment properties

3%

Advances to contractors and

prepayments9%

Other financial assets44%

Cash and cash equivalents

2%

Increased to AED 3,153 million (includes the value of land acquired)

advances to contractors and other receivables increased to AED 603 million

AED 3,269 million of cash and other financial assets

total assets grew to AED 7,025 million

increased to AED 27 million

increased to AED 740 million

the Company had not commenced its revenue generating activities so there was no operating revenue during the period

loss for the period was AED 29 million

Property and equipment 2,938 1,994

Investment properties 215 200

Advances to contractors and other receivables 603 370

Other financial assets 3,132 4,150

Cash and cash equivalents 137 164

Total assets 7,025 6,878

Share capital 6,322 6,322

Equity issue reserve 3 3

Accumulated losses (67) (38)

Total equity 6,258 6,287

Due to related parties 27 16

Trade and other payables 740 575

Total liabilites 767 591 Total equity and liabilities 7,025 6,878

Consolidated Statement of Financial Position

Due to rounding, numbers presented may not add up precisely to the totals provided and percentages may not precisely reflect the absolute figures. 30 June 2015 figures are unaudited. 15

Trade and other payables

Due to related parties

Cash and cash equivalents

Other financial assets

Advances to contractorsand prepaymentsInvestment properties

Property and equipment

General and administrative expenses (41) (22)

Marketing and selling expenses (7) (1)

Interest Income 27 2

Finance cost (8) -

Total comprehensive loss for the period/year (29) (21)

Loss per share:Basic and diluted loss per share (AED) (0.005) (0.003)

Statement of Comprehensive Income

Due to rounding, numbers presented may not add up precisely to the totals provided and percentages may not precisely reflect the absolute figures. 30 June 2015 figures are unaudited. 16

Total comprehensive loss for the year

Statement of Cash Flows

Loss for the period (29)

Interest Income (27)

Finance cost 8Non-cash items 2Movement in advances to contractors and other receivables (236)

Movement in trade and other payables 164

Net cash used in operating activities (118)

Movement in other financial assets 1,018

Additions to property and equipment (944)

Additions to investment properties (15)

Interest received 23

Net cash used in investing activities 82

Movement in due to related parties 9

Net cash from a financing activity 9

Cash and cash equivalents at start of the period 164

Cash and cash equivalents at the end of the period 137

Due to rounding, numbers presented may not add up precisely to the totals provided and percentages may not precisely reflect the absolute figures. 30 June 2015 figures are unaudited.The Group did not hold any cash as at 30 June 2014 and consequently, there are no cash flows for the Group for the period ended 30 June 2014

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944

15 233

(1,018)

(27)

Property and equipmentInvestment propertiesAdvances to contractors and prepaymentsOther financial assetsCash and cash equivalents

Contact Us

Investor Relations Contacts

Marwa GoudaHead of Investor Relations

IR@dp-r.com

Dubai Parks and Resorts

Emaar Square, Building 1, Level 2PO Box 123311, DubaiUnited Arab Emirates

Tel: +971 4 378 5001Fax: +971 4 511 4998

contact@dp-r.com

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CONTENT

Appendix

Shareholder Breakdown– 30 June 2015

Bank2%

Company27%

Government0%

Institution0%

Retail11%

Meraas60%

Arab15%

Foreign22%

GCC6%

UAE57%

Arab0%

Foreign19%

GCC50%

UAE31%

As at 30 June 2015, according to classification and data received through eSAR.20