Unit holders of Dubai Residential REIT, which made its debut on the Dubai Financial Market in May 2025, have approved a dividend for the second half of 2025 following an increase in the company’s revenues.
The REIT will distribute a dividend of AED550 million ($150 million), equivalent to 4.2 fils per unit, covering the period from July to December.
This takes the total dividend payout for 2025 to AED1.1 billion, or 8.5 fils per unit, the Sharia-compliant real estate investment trust said in a statement.
At the initial public offering price, the gross dividend yield stands at 7.7 percent.
Chairman Nabil Mohammad Ramadhan noted that the trust has upheld its distribution policy of allocating at least 80 percent of net profit to investors.
The company reported revenue of nearly AED2 billion, reflecting a 9 percent year-on-year increase, supported by a portfolio occupancy rate of 98 percent and tenant retention of 88 percent.
Net profit before adjustments for the fair value of investment properties rose by almost 15 percent to AED1.3 billion.
Beginning in 2026, the REIT plans to continue distributing a minimum of 80 percent of its profit on a semi-annual basis, subject to approval from the board and relevant regulators.
