Download PDF
Market: Dubai
Symbol: DUBAIRESI
ISIN: AEE01657D252
Industry: Real Estate & Construction

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.

Unit data 30/05/2025
Key Figures (AED’000)
Income statement 2022 2023 2024
Revenue 1,455,672 1,646,927 1,792,811
Gross profit 977,142 1,152,793 1,270,867
Operating profit 852,085 1,028,756 1,157,884
Profit for the year 2,600,185 2,373,192 2,422,805
       
Balance sheet 2022 2023 2024
Total assets 24,776,542 26,528,489 23,733,595
Total liabilities 17,946,481 18,964,655 18,323,958
Total equity 6,830,061 7,563,834 5,409,637
       
Cash flow 2022 2023 2024
Net cash generated from / (used in) operating activities (117,760) 550,988 3,773,483
Net cash used in investing activities (68,340) (468,512) (653,217)
Net cash generated from / (used in) financing activities 151,621 (508,102) (2,233,838)
Cash and cash equivalents at the end of the year 648,035 222,409 1,108,837