emirates7 - Dubai Residential REIT reported a net profit of AED622 million before fair value adjustments to investment properties for the first half of 2025, marking a 10% increase compared to the same period in 2024.
Revenue rose by 10% year-on-year to AED958 million in H1 2025, supported by continued leasing strength and higher rental rates across its residential assets.
Adjusted EBITDA climbed 11% to AED718 million, driven by revenue growth and operational efficiencies, maintaining a healthy margin of 75%.
Portfolio-wide occupancy remained strong at an average of 98%, while average revenue per leased gross leasable area (GLA) increased by 6%.
Premium residential assets also maintained high demand, with average occupancy at 98%, underlining ongoing interest in Dubai’s top-tier housing locations.
Nabil Mohammad Ramadhan, Chairman of the Board, announced that the Board has approved an interim cash dividend of AED550 million for the first half of 2025, to be paid in September, highlighting the REIT’s robust financial performance and long-term outlook.
Ahmed Al Suwaidi, Managing Director of DHAM REIT Management, said the strong H1 results are a testament to disciplined execution across asset management, leasing, tenant retention, and service delivery.
Dubai Residential REIT will continue with its semi-annual dividend distribution policy, with scheduled payouts in April and September each year, consistent with the guidance issued during the IPO.
The AED550 million interim cash dividend for H1 2025 will be distributed in September, following the Board’s approval.
Revenue rose by 10% year-on-year to AED958 million in H1 2025, supported by continued leasing strength and higher rental rates across its residential assets.
Adjusted EBITDA climbed 11% to AED718 million, driven by revenue growth and operational efficiencies, maintaining a healthy margin of 75%.
Portfolio-wide occupancy remained strong at an average of 98%, while average revenue per leased gross leasable area (GLA) increased by 6%.
Premium residential assets also maintained high demand, with average occupancy at 98%, underlining ongoing interest in Dubai’s top-tier housing locations.
Nabil Mohammad Ramadhan, Chairman of the Board, announced that the Board has approved an interim cash dividend of AED550 million for the first half of 2025, to be paid in September, highlighting the REIT’s robust financial performance and long-term outlook.
Ahmed Al Suwaidi, Managing Director of DHAM REIT Management, said the strong H1 results are a testament to disciplined execution across asset management, leasing, tenant retention, and service delivery.
Dubai Residential REIT will continue with its semi-annual dividend distribution policy, with scheduled payouts in April and September each year, consistent with the guidance issued during the IPO.
The AED550 million interim cash dividend for H1 2025 will be distributed in September, following the Board’s approval.