With Salik’s IPO making headlines across the UAE, many residents and expats are keen to grab a piece of the pie. If you’re wondering how to invest in Salik or buy Salik shares through local banks in the UAE, this guide is your one-stop solution.
Let’s break it down step by step, clearly and simply, even if you’re a first-time investor.
What is Salik?
Salik is Dubai’s official road toll operator, providing seamless and cashless toll collection across major roads in the city. In 2022, Salik announced its IPO (Initial Public Offering), allowing individuals to buy shares and become stakeholders in one of the most essential infrastructures of Dubai.
Stable Revenue: With millions of vehicles using Salik daily, it guarantees a steady income stream.
Government-backed: Being a Dubai government entity adds trust and credibility.
Growth Potential: As Dubai expands, traffic increases, and so does Salik’s profit margin.
Dividend Yield: Salik aims to distribute regular dividends to shareholders.
READ MORE: How to Apply for a Salik Tag Using the App
Documents Needed for Salik IPO in UAE
Before you do anything, make sure you have a valid Emirates ID. This is a must for opening investment accounts in the UAE.
NIN: How to Get a National Investor Number in the UAE
To invest in Salik or any other listed company in Dubai Financial Market (DFM), you need a National Investor Number (NIN). You can apply for this:
- Through DFM’s official website or mobile app.
- At DFM counters (like in World Trade Centre or DFM trading floor).
- Some UAE banks can also help to invest in Salik shares directly.
Many UAE banks allow you to buy and sell shares directly through their investment or brokerage platforms. Popular ones include:
- Emirates NBD
- First Abu Dhabi Bank (FAB)
- Abu Dhabi Commercial Bank (ADCB)
- Mashreq
- RAKBANK
Open a Trading Account to Buy IPO
Once you’ve chosen your bank:
- Visit the bank’s branch or use their online portal/app.
- Submit the required documents: Emirates ID, NIN, passport copy, and a few signatures.
- The bank will link your NIN to your trading account.
Search for Salik on the DFM Trading Platform
Login to the bank’s investment platform or app. Salik is listed on Dubai Financial Market under “SALIK”
- Place a Buy Order
- Enter the number of shares.
- Choose the price (market or limit order).
- Confirm and execute your trade.
You can view your portfolio performance, dividends, and market updates via the bank’s platform.
- User-friendly platforms with Arabic and English support.
- Secure and regulated environment.
- Direct integration with your bank account.
- Real-time market access and updates.
READ MORE: Check Your Eligibility for FREE Dubai Salik: Latest Updates for 2025
Yes! Both UAE nationals and expats can invest in Salik.
Absolutely. Without a NIN, you cannot trade on the DFM.
Q3: How much does it cost to open a trading account through a bank?
Most banks offer it for free, but there might be a small annual fee depending on the provider.
The minimum depends on the market price, but typically, you can start from as low as AED 1,000 worth of shares.
Q5: Do I need to pay any brokerage or transaction fees?
Yes, banks charge a small brokerage fee per transaction, usually between 0.25% to 0.5%.
Through capital appreciation (share price increase) and dividend payouts.
Q7: Are there any risks involved?
Yes. Like any investment, there are market risks. However, Salik is considered a relatively stable stock due to its strong fundamentals.
Use the same trading platform as your bank to place a sell order whenever you’re ready.
Q9: Will I get dividends in my bank account?
Yes. Dividends will be deposited into your linked bank account or investment wallet.
No. Only UAE-licensed banks and brokers registered with DFM can facilitate Salik share purchases.
Investing in Salik shares is a smart move for anyone looking to be part of Dubai’s growing economy. Whether you’re a beginner or a seasoned investor, UAE banks make the process simple, secure, and seamless. By following the steps above, you’ll be on your way to owning a slice of one of the city’s most crucial infrastructures.
Ready to start your investment journey with Salik? Now is the time!
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Sunita KS is a passionate Blogger, Content Writer, and Digital Marketer. She started her journey in content creation over a decade ago. She brings up-to-date information to help readers explore and enjoy everything Dubai has to offer. Sunita loves discovering hidden gems across the city and sharing tips on places to visit and things to do in Dubai.
