DUBAI, Feb 27 (Reuters) - Dubai's Emaar Malls said on Monday its board had recommended paying a cash dividend of 0.1 dirham ($0.03) per share for 2016.

The dividend would be the same as the payout for 2015.

Emaar Malls, part of Emaar Properties, reported a 3.9 percent rise in fourth-quarter net profit to 452 million dirhams.

($1 = 3.6721 UAE dirham)

(Reporting By Tom Arnold) ((Tom.Arnold@thomsonreuters.com; +97144536265; Reuters Messaging: tom.arnold.thomsonreuters.com@reuters.net))