Dubai – Mubasher: Bank of America Merrill Lynch and First Abu Dhabi Bank (FAB) are set to join Goldman Sachs in getting roles in the share sale of Emaar Properties’ UAE real estate development business, Reuters quoted sources as saying on Tuesday.

Emaar is already working with Goldman Sachs on the initial public offering (IPO).

The Dubai-based developer is considering an IPO of up to 30% of the business by November, according to the agency.

Bank of America Merrill Lynch and National Bank of Abu Dhabi (NBAD) were among the lenders involved when Emaar floated Emaar Malls in 2014.