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Dubai Residential REIT has reported higher full-year profit and revenue, supported by stable rental income and steady demand across its residential portfolio. Net profit rose to AED 1.28 billion from AED 1.12 billion a year earlier, while revenue increased to AED 1.95 billion from AED 1.79 billion. Alongside the earnings growth, the board has proposed a dividend of 4.2 fils per share for the second half of 2025, subject to approvals. The performance aligns with broader strength in Dubai's residential rental market.
Dubai Residential REIT reported an increase in its full-year profit, reflecting steady performance across its residential portfolio in Dubai. The trust recorded a net profit of AED 1.28 billion, compared with AED 1.12 billion in the previous financial year. Revenue also moved up on a year-on-year basis, reaching AED 1.95 billion against AED 1.79 billion earlier, indicating stable rental demand and consistent asset occupancy across its properties. Advertisement
The board has proposed a dividend of 4.2 fils per share for the second half of 2025. The proposal is in line with the REIT's stated distribution policy and follows a period of improved earnings and cash flow visibility. The dividend proposal will be subject to the usual regulatory and unitholder approvals.
Dubai Residential REIT, listed on the Dubai Financial Market, focuses on income-generating residential assets and benefits from Dubai's regulated REIT framework. In recent years, the trust has seen support from population growth, rising household formation, and sustained demand for quality rental housing. The improvement in profit and revenue also reflects the broader strength of Dubai's residential leasing market, which has remained resilient despite global economic uncertainty.
Source Reuters
5th Jun, 2025
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