DUBAI: Dubai Residential REIT reported a robust net profit of AED622 million for the first half of 2025, before changes in the fair value of investment properties. This marks a 10 percent increase compared to the same period in 2024, as revealed in the company’s H1 2025 financial results.
The REIT’s revenue climbed to AED958 million, also up 10 percent year-on-year, fuelled by consistent leasing momentum and rising rental rates across its high-demand residential portfolio. Adjusted EBITDA grew by 11 percent to AED718 million, maintaining a healthy 75 percent margin due to operational efficiencies and higher income.
Portfolio-wide occupancy remained strong at 98 percent, with premium residential assets also achieving 98 percent occupancy levels, indicating sustained demand for high-end living spaces in prime Dubai locations. Meanwhile, the average revenue per leased gross leasable area (GLA) rose by 6 percent, reinforcing the REIT’s positive leasing performance.
Nabil Mohammad Ramadhan, Chairman of the Board of Directors, confirmed the Board’s approval of a AED550 million interim cash dividend for H1 2025. This dividend will be distributed in September, in line with Dubai Residential REIT’s semi-annual dividend policy introduced during its IPO phase.
Ahmed Al Suwaidi, Managing Director of DHAM REIT Management, added that the first-half results highlight the team’s effective asset and leasing strategy, as well as their continued focus on tenant satisfaction and value creation.
The REIT reaffirmed its commitment to semi-annual dividend distributions, scheduled every April and September, offering stable returns to investors while maintaining long-term growth.
