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Who we are
Dubai Residential REIT is a Shariah-compliant income-generating closed-ended real estate investment fund and one of the largest owners and operators of residential real estate in Dubai. Dubai Residential REIT is managed by DHAM REIT Management LLC, a dedicated fund manager wholly owned by Dubai Holding.
As the largest listed REIT in the GCC, it manages a diverse portfolio of 21 residential communities with 35,700 units, housing over 140,000 residents across a range of demographic segments. Notably, it is the only pure-play residential REIT, offering a unique focus on the residential leasing market. Benefiting from Dubai Holding’s broader ecosystem, Dubai Residential’s GAV exceeds AED 21.6 billion, surpassing the combined GAV of the next five largest listed REITs in the region. The strategic positioning of Dubai Residential REIT's portfolio across major residential hubs minimises exposure to any single location or tenant type, thereby enhancing resilience and maintaining stable occupancy rates.
What we do
Dubai Residential REIT, through DHAM REIT Management LLC, invests in, owns, and professionally manages a diversified portfolio of income-generating residential communities across Dubai. The portfolio spans four distinct segments, each tailored to meet the needs of a broad spectrum of residents. The Premium segment includes upscale properties in prime locations such as Bluewaters, City Walk, and Nad Al Sheba Villas, renowned for their vibrant lifestyle offerings and superior amenities.
The Community segment caters to mid- to high-income families, featuring amenity-rich, gated communities like Shorooq and Layan. For more budget-conscious residents, the Affordable segment provides quality, cost-effective housing in areas such as Al Khail Gate and International City. Additionally, the Corporate Housing segment delivers purpose-built accommodations designed to support the residential needs of corporate and industrial staff. Together, these offerings illustrate the REIT’s comprehensive approach to residential leasing, reflecting the diversity of Dubai’s growing population. Through active asset management, operational efficiency, and a tenant-focused approach, Dubai Residential REIT consistently delivers resilient performance and sustainable long-term value to its unitholders.
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+140KResidents
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35,700Residential Units (95% Apartments / 5% Villas)
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21Dynamic Communities
(1) Adjusted EBITDA: Profit for the period after tax plus income tax expense, finance costs – net, and depreciation and amortisation, before gain on fair value of investment property and before allocated corporate costs
(2) Subject to Board approval. The expected dividend in respect of the year ending 31 December 2025 should not be viewed as a guide to the amount of any dividends that may be paid in respect of subsequent periods
(3) Or, if higher, an amount equal to 80% of profit for the period before changes in fair value of investment property
(4) Gross Asset Value: The market value of Dubai Residential LLC’s investment property, as determined by JLL Valuation LLC
(5) Average Occupancy Rate: The monthly average of leased units during the period divided by the monthly average of available units during the period
(6) Retention Rate: Percentage of total tenants that renew their leases during the period
(7) Average Revenue Per Leased GLA: Annual revenue divided by the area associated with leased units
Dividend Policy
Dubai Residential REIT intends to adopt a semi-annual dividend distribution policy, making payments in April and September of each year, starting from September 2025. The REIT announced that the sum of its first two dividend payments, expected to be made in September 2025 and April 2026, will be the higher of: (i) AED 1,100 million; and (ii) an amount equal to 80% of profit for the period before changes in fair value of investment property, in respect of its financial results for the year ending 31 December 2025. For the financial results for the year ending 31 December 2026 and thereafter, Dubai Residential REIT intends to distribute at least 80% of profit for the period before changes in fair value of investment property for each accounting period. All dividend distributions remain subject to the approval of Dubai Residential REIT’s board of directors and other provisions of the UAE prospectus.
Portfolio Overview
- Apartments
- 1 Bed - 3 Bed
- Rent starting at AED 292,100
- Apartments
- 1 Bed - 4 Bed Villa
- Rent starting at AED 157,500
- Apartments & Villas
- 2 Bed - 4 Bed Villa
- Rent starting at AED 85,000
- Apartments
- Studio - 3 Bed
- Rent starting at AED 23,100
- Apartments
- Studio - 3 Bed
- Rent starting at AED 40,000
- Apartments
- Studio - 3 Bed
- Rent starting at AED 36,000
- Apartments & Villas
- Studio - 4 Bed Villa
- Rent starting at AED 42,000
- Apartments
- Studio - 3 Bed
- Rent starting at AED 49,200
- Apartments
- 1 Bed - 4 Bed Villa
- Rent starting at AED 77,000
