Company's contribution were posted, consider to be their largest one-day gain in more than 7weeks after Khalid bin Kalban's profit forecast last year.
Fourth-quarter profit would rise up to 30.2pc to about 320 million dirhams, according to the forecast.
"Last year ... the growth in profits would not be less than 35pc and might be up to 40pc compared with the year before," Al Ittihad newspaper quoted Kalban as saying.
Shares of Dubai Investments rose 3.99pc, their biggest one-day gain in more than seven weeks.
"Dubai Investments shares moved on news about its earnings expectations, as a 40pc increase is very good for such a company," said Prime Emirates head of brokerage Shawkut Raslan.
The company, whose third-quarter profit grew on higher building material and property unit sales, plans to invest up to two billion dirhams in Abu Dhabi, where it wants to expand with two partners, Kalban said, according to the paper.
The firm, which operates mainly in Dubai, wants to develop industrial zones in the UAE capital and is considering buying land, Kalban said, without giving a timeframe for the investments. It runs about 35 subsidiaries.
Dubai Investments made 989.47m dirhams in 2006, indicating it could post profit of 1.39bn dirhams last year.
The quarterly profit would beat the 140m dirham forecast of EFG-Hermes in a survey last month.
