Dubai Residential REIT Sees 10% Profit Growth in First Half, Reaches $169.3 Million
Dubai Residential REIT reported a 10% increase in net profit for the first half of 2025, reaching $169.3 million (AED 622 million). The rise was due to strong property occupancy and good business performance.
Strong First-Half Results
Revenue grew 10% from last year, totaling $260.8 million (AED 958 million). This was helped by steady leasing activity and higher rents across its residential properties.
The company’s adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) rose by 11% to $195.5 million (AED 718 million), thanks to better revenue and efficient operations. The profit margin stayed strong at 75%.
The average occupancy rate across all properties was 98%, and income per leased area went up by 6%.
Here’s a look at occupancy by segment:
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Premium properties: 98%
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Community living: 97%
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Affordable housing: 99%
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Corporate housing: 100% (fully occupied)
The company’s strong performance was supported by high rental income, excellent occupancy, and good financial management.
As of the end of June 2025, the total value of its assets was $6.26 billion (AED 23 billion), a 7% increase from December 2024.
Dubai Residential REIT is a Shariah-compliant trust managed by DHAM REIT Management. It focuses on income-generating residential properties.
Dividend Update
The Board has approved an interim cash dividend of $149.7 million (AED 550 million), which will be paid in September 2025.
Starting from the year ending December 2026, the REIT plans to pay out at least 80% of its profit (before property value changes) each year.
Published: 7th August 2025
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