"Our residential leasing journey spans from some of the earliest purpose-built developments over 20 years ago to an exceptional portfolio of properties today that reflect Dubai’s ongoing growth and development. This rich legacy, combined with a relentless commitment to quality, has solidified our role as a creator of diversified, connected communities enabling us to capture the significant opportunities emerging from Dubai’s property market.
The decision to launch the IPO of Dubai Residential REIT marks a natural evolution in our story, offering investors a unique opportunity to participate in the GCC’s largest and first pure-play listed residential leasing-focused REIT. With a diversified portfolio valued at over AED 21 billion, this milestone enables us to expand our impact, deliver sustainable unitholder returns, and continue shaping the future of urban living in Dubai.
The launch of Dubai Residential REIT, featuring a portfolio comprising 35,700 units and serving more than 140,000 residents across 21 vibrant communities, marks a significant expansion of our investment offerings. This Offering paves the way for a broader segment of investors to participate in Dubai’s dynamic real estate growth story.”
Malek Al Malek
Group CEO of Dubai Holding Asset Management and Chairman of the Investment Committee of DHAM REIT Management LLC
Malek Al Malek
Chairman
Malek Al Malek is the Chairman of the Board. Malek Al Malek is also the Chief Executive Officer of DHAM, which serves to elevate the city’s position as a global hub for tourism and leisure and enrich living experiences for residents with a range of prime retail destinations and residential communities. Malek leads the executive team of the Group and oversees an extensive portfolio of 10 business districts, 20 retail destinations and 15 residential communities which impact millions of visitors and residents in Dubai.
Since his appointment, Malek has achieved a series of milestones, including optimising operations, increasing efficiency, integrating digital transformation, and consolidating partnerships with relevant authorities and companies. These efforts have contributed to increasing occupancy rates and customer satisfaction levels, enhancing returns.
Malek also serves as the Director General of the Dubai Development Authority, a government entity setting new standards in economic competitiveness, infrastructure, and urban development, as well as developing a business-friendly regulatory framework
Prior to his current appointments, Malek served as the Group CEO of TECOM Group from 2018 to 2020 and CEO of TECOM Business Parks between 2013 to 2017. He has played an integral and strategic role in TECOM’s growth story since joining in 2002, evolving the Group’s status as a key enabler of Dubai’s Knowledge Economy. He has consolidated TECOM’s position by launching innovative solutions that contributed to attracting major international and regional companies while creating an enabling environment for start-ups – many of which acquired unicorn status.
Malek holds a Bachelor’s in Business Management from the Higher Colleges of Technology in the UAE.
He currently serves on the boards of or as a member of regulatory, and/or significant government and business entities which are listed below:
Board Memberships Position
Member of the Higher Committee for Future Technology and Digital Economy
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Council Member of Dubai Media Council
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Member of the board of Dubai Waste Management Company PSC
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Member of the board of Dubai Waste Management Company PSC
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Member of the board of Dubai Waste Management Company PSC
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Member of the board of Dubai Waste Management Company PSC
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Member of the board of Dubai Waste Management Company PSC
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Member of the board of Dubai Waste Management Company PSC
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Member of the board of Dubai Waste Management Company PSC
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Member of the board of Dubai Waste Management Company PSC