Aster DM Healthcare (UAE)
Growth Score40DXBi Rank129Heat Score100Aster DM Healthcare FZC
Pioneering the future of health in the GCC
Media
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AED 1 billion UAE hospital expansion pipeline unveiled
Connected care: How Aster DM Healthcare built the UAE's most comprehensive medical ecosystem
Dr Azad Moopen and Alisha Moopen named among Top 5 Healthcare Leaders 2025 by Forbes Middle East
Aster DM Healthcare and GEMS Education partnership
Aster gets Dh265m EDB financing to build two new Dubai hospitals
Aster GCC unit explores $250 million Saudi Arabia expansion
Fajr Capital-led consortium acquires 65% of Aster GCC in India/GCC business separation
Overview
Growth Score
Steady
Heat Score
Trending up
Details
- Operating Status
- Active
- Company Type
- Private (majority owned by Fajr Capital-led consortium; Moopen family minority shareholder)
- Headquarters
- 33rd Floor, Aspect Tower, Business Bay, Dubai, UAE
- Founded
- 1987
- Company Size
- 1000+ employees
- Website
- asterdmhealthcare.com
Products & Services
myAster
Group digital health platform / app for online pharmacy (50,000+ products), video and in-person doctor consultations (600+ specialists), home health services (IV therapy, home visits, diagnostics), and the 'Thrive by myAster' preventive health program.
Aster Hospitals
Flagship multi-specialty hospital brand operating across the UAE, Oman, Saudi Arabia, Bahrain and Qatar (e.g. Aster Hospital Mankhool, Al Qusais, Sharjah, Qusais, Sanad Hospital Riyadh).
Medcare Hospitals & Medical Centers
Premium hospital and medical-center brand in the UAE (e.g. Medcare Royal Speciality Hospital, Dubai), targeting the upper end of the market.
Aster Pharmacy
Retail and online pharmacy chain network across the GCC.
Aster Clinics / Access Clinics
Network of outpatient medical clinics across the UAE and wider GCC.
Wellth
Integrative and holistic medicine hub offering wellness-focused clinical services.
Aster Opticals
Optical retail and eye-care services chain.
Aster ProCare
Hospital brand used for Aster's expansion in Saudi Arabia.
Aster Guardians Global Nursing Award
Global philanthropic award program (via the Aster DM Healthcare Foundation) recognizing outstanding nurses worldwide.
People
Technology
No technology or web presence data on file yet.
Financials
Funding rounds
Projects
Fajr Capital-led consortium acquires 65% of Aster GCC in India/GCC business separation
Aster DM Healthcare completed the separation of its India and GCC businesses into two standalone entities. A Fajr Capital-led consortium acquired a 65% stake in Aster GCC (the UAE-headquartered entity) for cash consideration of USD 907.6 million paid to the group's subsidiary Affinity Holdings Limited; the Moopen family retained a 35% stake in Aster GCC with continued operational rights, while separately keeping a 41.88% stake in the standalone Aster India business. Advisors included EY, PwC, ICICI Securities, Moelis & Company, Credit Suisse, Baker & McKenzie and Cyril Amarchand Mangaldas.
$908M
Apr 3, 2024
Aster GCC unit explores $250 million Saudi Arabia expansion
Aster's Gulf Cooperation Council unit said it is exploring acquisitions of medical centers and hospitals in Saudi Arabia, targeting over 1,000 hospital beds, 180 pharmacies and more than two dozen medical centers over a 3-5 year horizon, aligned with Saudi Vision 2030. Group CEO Alisha Moopen said the deals would be finalized over the following three to five years; the GCC unit was also reported to be preparing for a potential future public listing.
$250M
Dec 10, 2024
Aster DM Healthcare and GEMS Education partnership
Aster DM Healthcare became the official Health & Wellness Partner for 45 GEMS Education schools across the UAE, an initiative aiming to reach over 25,000 teachers/staff, 140,000+ students and 110,000+ families with wellness and preventive-health programs.
Sep 19, 2025
AED 1 billion UAE hospital expansion pipeline unveiled
Aster DM Healthcare unveiled an AED 1 billion pipeline of UAE healthcare projects aligned with the Dubai Economic Agenda (D33), including two new multi-specialty hospitals in Dubai (Studio City and Discovery Gardens, 250+ beds), a AED 300 million expansion of Aster Hospital Al Qusais (122 additional beds), the UAE's first private multi-organ transplant centre (Sharjah), an 18-device Advanced Robotic Rehabilitation Centre in Dubai, the 'Thrive by myAster' 100-biomarker preventive health program, three new robotic surgery platforms, and a unified HIS across UAE, Oman, Bahrain and KSA facilities. UAE bed capacity is set to grow from ~920 to 1,290+, expected to serve 560,000+ additional patients annually and create 675+ new jobs.
$272M
Feb 10, 2026
Aster GCC's Saudi ProCare hospital growth strategy
Gulf Business reported on Aster's continued Saudi Arabia growth strategy centered on the 'Aster ProCare' hospital brand, describing it as signaling a bigger healthcare expansion in the Kingdom; a related trade-press item (People Matters Global) reported Nawwaf Awwad's appointment as CEO of Aster ProCare Hospital around the same time (June 2026). Full underlying article text could not be independently retrieved during this research pass (Google News redirect / publisher paywalls blocked direct verification) - flagged as lower-confidence, headline-level only.
Jun 10, 2026
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