Dubai Real Estate Investment Trust, a Sharia-compliant real estate fund listed on the Dubai Financial Market, announced the outcomes of its inaugural annual general meeting. Unit holders approved the board’s recommendation to distribute cash dividends amounting to 550 million AED for the second half of 2025.
The fund stated that these distributions equate to 4.2 fils per unit, increasing the total cash distributions for the fiscal year ending December 31, 2025, to 1.10 billion AED, translating to 8.5 fils per unit. This results in an overall dividend yield of approximately 7.7% based on the initial public offering price, which represents 86% of the net profit before fair value adjustments to investment properties.
Nabil Mohammed Ramadan, Chairman of Dubai Real Estate Investment Trust, highlighted that the approval of the second half dividend for 2025 is a significant milestone for unit holders, showcasing the fund’s robust portfolio and operational model, alongside confidence in the foundations of Dubai’s residential rental market.
He further noted that reaching total dividends of 1.10 billion AED for 2025 reaffirms the fund’s commitment to the distribution policy announced at its listing. He emphasized the fund’s continuous adherence to high governance standards and a conservative approach to leverage and capital allocation, while continuing to implement a growth portfolio and maintaining a distribution policy of at least 80% of net profits.
The fund pointed out that the residential real estate market in Dubai is bolstered by a diverse demand base and a strong regulatory framework, enhancing confidence in the market’s resilience and long-term performance stability. The fund benefits from a diversified portfolio with high occupancy rates and recurring rental income, complemented by disciplined balance sheet management.
In 2025, Dubai Real Estate Investment Trust reported robust financial results, with revenues reaching 1.95 billion AED—an increase of 9% year-on-year—driven by a portfolio occupancy rate of 98.3% and a tenant retention rate of 88%. The net profit before adjustments for the fair value of investment properties rose by 14.5%, amounting to 1.28 billion AED.
Starting in 2026, the fund plans to adopt semi-annual dividend distributions of no less than 80% of profits before fair value changes to investment properties, in line with the approved distribution policy and pending board approval and compliance with applicable regulations.