عربي
1420-x-580
26 Mar 2026

Dubai Residential REIT Expands Portfolio with
AED 241 million Garden View Villas Addition

  • Addition of 56 villas to the Garden View Villas community, complementing the existing 285 units and introducing a premium offering
  • The new villas expand the already established master-planned community, catering to residents who value premium community living and quality property management
  • Based on a forward purchase agreement of AED 241m[1] vs AED 260m[2] recent valuation, implying a 7.9% uplift in value
  • Jebel Ali Village on track to add 220 units by Q2 2026
  • Garden View Villas and Jebel Ali Village projected to deliver AED 70-80m in incremental revenue once stabilised

    • Dubai, United Arab Emirates, 26 March 2026: Dubai Residential REIT, the Shariah-compliant, income-generating closed-ended real estate investment trust and one of the largest owners and operators of residential real estate in Dubai (the “REIT”), managed by DHAM REIT Management LLC (the “Fund Manager”), today announced the addition of 56 villas to the Garden View Villas community, complementing the existing 285 units and advancing its disciplined growth strategy.

    The 56 new villas comprise four-bedroom semi-detached units, previously secured through a forward purchase agreement with DHAM LLC at AED 241 million1, compared to a recent valuation of AED 260 million2, implying a 7.9% uplift in value.

    Ahmed Al Suwaidi, Managing Director of DHAM REIT Management, said:

    “These new units build on the success of Garden View Villas and broaden our portfolio within this established master-planned community. Our disciplined approach to growth, supported by strong investor trust in Dubai’s residential market, ensures the REIT remains focused on high-quality, income-generating assets.

    We remain on track to receive the Jebel Ali Village villas in 2026, further reinforcing our premium offering. Beyond these assets, we continue to assess value accretive opportunities, leveraging our Right of First Offer arrangement with Dubai Holding Asset Management and Dubai Holding, maintaining a clear focus on long-term value creation and maximising unitholder returns.”

    With the addition of Garden View Villas, Dubai Residential REIT continues to execute on its committed growth pipeline. Jebel Ali Village is expected to add 220 units and remains on track for completion in the second quarter of 2026 (Q2 2026). Together, Garden View Villas and Jebel Ali Village are projected to generate between AED 70 million and AED 80 million in additional revenue once stabilised.

    Dubai Residential REIT continues to evaluate additional value-accretive opportunities within Dubai Holding and Dubai Holding Asset Management's pipeline, including Lantana Hills within Dubai Science Park, diverse residential unit types in Dubai Wharf, as well as The Acres community in the Dubailand area, in line with commitments made at the time of listing and reinforcing the visibility of its medium-term growth trajectory.