Q1 2016 Earning Results Presentation

12th May 2016

EXPERIENCE AMAZING

DISCLAIMER

IMPORTANT NOTICE

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You agree to be bound by the foregoing limitations and conditions and, in particular, will be deemed to have represented, warranted and undertaken that you have read and agree to comply with the contents of this notice.

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CONTENT

Highlights of Q1 2016

Project Update

Corporate and Operational Update

Financial Summary

Property and equipment, investment properties and advances and other receivables

6,186 3,001

Cash and other financial assets 3,493 3,921

Total assets 9,679 6,922

Loss for the period 38 13

Q1 2016 Performance Highlights

On track to open in October 2016

• 85% overall infrastructure construction completed• 76% overall ride system completed• 65% overall facilities construction completed• 41% overall show systems completed

Due to rounding, numbers presented may not add up precisely to the totals provided and percentages may not precisely reflect the absolute figures. 31 March 2016 figures are unaudited. 4

As at 31 March 2016, the Company had not commenced revenue generating activities; consequently there is no operating revenue during the period

Drawn down AED 2.3 billion of banking facility

• Received first international award “Most Exclusive Leisure Product”

• Over 65% of total available space at Riverland™ Dubai leased at the end of March with 39 lease proposals signed.

• Launched the sale of Annual Passes• Announced the launch of AED 1.68 billion Rights Issue to

primarily finance Six Flags Dubai

2015 2014 % change

1 INDIA 1,601 1,272 26%

2 KSA 1,542 1,292 19%

3 UK 1,188 1,074 11%

4 OMAN 1,002 853 17%

5 USA 602 585 3%

6 PAKISTAN 513 463 11%

7 IRAN 462 438 6%

8 GERMANY 461 429 7%

9 CHINA 450 350 29%

10 KUWAIT 410 461 -11%

15 RUSSIA 211 420 -50%

Source of Visitor by Region (% YTD – DEC 2015)

Favourable UAE tourism growth trends

Sources: DTCM and Mastercard Global Destination Index.

WesternEurope21%

GCC23%

MENA12% South Asia

16%

Americas

7%North Asia and South‐East Asia

8%

RUSSIA, CIS, EE

5%

Africa   5%

Australasia3%

Total OvernightInternationalGuests 

14.2m2015

2015

2014 $10.9 Billion

$11.68 Billion

Total OvernightInternationalGuests 

4.1mQ1 2016

CONTENT

Highlights of Q1 2016

Project Update

Corporate and Operational Update

Financial Summary

Overall constructionAchieved 2015 Q1 2016

Structure works 88% 96%

MEP 29% 51%

Envelope & Façade 30% 50%

Finishes 24% 45%

Overall Project Completion Snapshot

Ride systemsAchieved 2015 Q1 2016

Production 89% 94%

Delivery 63% 74%

Installation and Commissioning

9% 23%

Achieved 2015

100%

Show systems Achieved 2015 Q1 2016

Production 32% 55%

Delivery 14% 35%

Installation and Commissioning

0% 1%

Achieved 2015 Q1 2016

89% 93%

Due to rounding, numbers presented may not add up precisely to the totals provided and percentages may not precisely reflect the absolute figures. 31 March 2016 figures are unaudited. 7

Construction update

8

DreamWorks Building

motiongate™ Dubai

motiongate™ Dubai

motiongate™ Dubai

Construction update…continued

9

Rajmahal TheatreRajmahal Theatre

Bollywood Park™ Dubai Bollywood Park™ Dubai

Construction update…continued

10

Riverland™ Dubai

LEGOLAND® Water ParkLEGOLAND® Dubai

Lapita™ Hotel

CONTENT

Highlights of Q1 2016

Project Update

Corporate and Operational Update

Financial Summary

12

Corporate and Operational Update

Awarded ‘The Most ExclusiveLeisure Product’ Award at OTM2016, India’s biggest travel tradeshow.

The award, which recognisedDubai Parks and Resorts as aunique attraction thatshowcases the very best fromEast to West, is thedestination’s first internationalaward.

Dubai Parks and Resorts participated at the Arabian Travel Market 2016, the leading international travel and tourism event, for the second consecutive year.

The Dubai Parks and Resorts’ stand gave visitors a chance to “Experience Amazing” and see the destination come to life with holograms, interactive experiences and characters and performers.

• Total lease proposals signed: 39• Total lease space signed: over 65% of total available• Total revenue: over 100% of projected revenue

13

Ticket prices announced at Arabian Travel Market April 2016

Single Park Tickets

330

285

295

240

Annual Passes

865 1095

755 985

765 995

Single park ticket pricing has been adjusted to be in line with regional ticket prices and reflect individual parks product offering in the context of the destination and local market

Multi-park Annual passes

Unlimited access to three theme parks + water park + 15% discount on F&B and others

2,495

Unlimited access to three theme parks + water park + 20% discounts on F&B and others VIP Parking, unlimited Q Fast, access to VIP lounge and tour & VIP seats

6,995

CONTENT

Highlights of Q1 2016

Project Update

Corporate and Operational Update

Financial Summary

Key Indicators (AED million) TOTAL

Total assets as at31 March 2016

1,867 896 925 511 354

Infrastructure and others

9,6795,126

RivelandTM Dubai formerly known as Riverpark

Q1 2016 Financial Summary

Pre-opening expenses(Project to date) 31 19 15 1 5 235164

Due to rounding, numbers presented may not add up precisely to the totals provided and percentages may not precisely reflect the absolute figures. 31 March 2016 figures are unaudited. 15

Total at the end of Q1 2016 1,898 915 940 512 359 9,9145,290

Q1 2016 Interim Condensed Consolidated Financial Statements

Increased to AED 5,842 million (Mar 2015: AED 2,577 million)

advances to contractors and other receivables decreased to AED 344 million (Mar 2015: AED 424 million)

AED 3,493 million (Mar 2015: AED 3,921 million)

drawn down AED 2,348 million (Mar 2015: Nil)

increased to AED 1,397 million (Mar 2015: AED 615 million)

reduced to AED Nil (Mar 2015: AED 33 million)

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

loss for the period was AED 38 million (Mar 2015: AED 13 million)

16

Property and equipment

57%

Investment properties3%

Advances to contractors and

other receivables4%

Other financial assets

31%

Cash and cash equivalents

5%

Q1 2016 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. 31 March 2016 figures are unaudited.Advances include interest receivable

Property and equipment 5,519 2,376

Investment properties 323 201

Advances to contractors and other receivables 344 424

Derivative financial instruments - -

Other financial assets 3,033 3,896

Cash and bank balances 460 25

Total assets 9,679 6,922

Share capital 6,322 6,322

Equity issue reserve 3 3

Cash flow hedging reserve (35) -

Accumulated losses (187) (51)

Total equity 6,103 6,274

Bank facilities 2,144 -

Trade and other payables 1,397 615

Derivative financial instruments 35 -

Due to related parties - 33

Total liabilities 3,576 648Total equity and liabilities 9,679 6,922

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. 31 March 2016 figures are unaudited. 17

Total Equity

Bank facilities

Trade and other payables

Due to a related party

Property and equipment

Investment properties

Advances to contractors and otherreceivablesDerivative financial instruments

Other financial assets

Cash and bank balances

General and administrative expenses (40) (18)

Marketing and selling expenses (15) (4)

Interest Income 19 13

Amortization of borrowing cost (2) (4)

Loss for the period (38) (13)

Other comprehensive income

Cash flow hedges – loss on fair value (37) -

Total comprehensive loss for the period (75) (13)

Loss per share:

Basic and diluted loss per share (AED) (0.006) (0.002)

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. 31 March 2016 figures are unaudited. 18

Statement of Cash Flows

Loss for the period (38) (13)Depreciation expense 2 -Interest income (19) (13)Amortization of borrowing cost 2 4Provision for employees' end of service indemnity 1 1Decrease / (increase) in advances to contractors and other receivables 44 (37)Increase in trade and other payables 218 40Net cash generated by / (used in) operating activities 210 (18)

(Increase) / decrease in other financial assets (178) 254Additions to property and equipment (844) (382)Additions to investment properties (39) (1)Interest received 3 -Net cash used in investing activities (1,058) (129)

Proceeds from bank facilities 887 -Borrowing costs paid (5) (9)Finance costs paid (22) -Movement in restricted cash (14) -(Decrease)/increase in due to a related party (13) 17Net cash generated by financing activities 833 8Cash and cash equivalents at beginning of the period 363 164Cash and cash equivalents at the end of the period 348 25

19

210

(178)

(884)

3

833

(1,000)

(800)

(600)

(400)

(200)

-

200

400

600

800

1,000

Operating

Investing-Financial Assets

Investing-Property and equipment and Investment properties

Investing-Other

Financing

Statement of Cash Flows

Due to rounding, numbers presented may not add up precisely to the totals provided and percentages may not precisely reflect the absolute figures. 31 March 2016 figures are unaudited.

Contact Us

Investor Relations Contacts

Marwa GoudaHead of Investor Relations

Abdulrahman Al SuwaidiInvestor Relations Officer

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

20

CONTENT

Appendix

22Shareholder structure as at 31 March 2016. * Excluding Meraas

Shareholder structure

International21%

GCC50%

UAE29%

Rest of MENA17%

International21 %

GCC5%

UAE57%

Meraas60%

Institutional26%

Retail9%

Mubasher5%