Source : WAM
Dubai Residential REIT has announced its full-year financial results for the period ended 31 December 2025, reporting a 14.5 percent rise in net profit before fair value adjustments on investment properties to AED 1.28 billion.
Revenue for 2025 reached AED 1.95 billion, marking a 9.0 percent year-on-year increase.
Adjusted EBITDA climbed 15.2 percent to AED 1.49 billion, with the adjusted EBITDA margin improving to 76.4 percent from 72.3 percent in the previous year.
Asset valuations strengthened in line with improved operating performance and supportive market conditions. Gross asset value rose 8.8 percent to AED 23.54 billion, while net asset value increased 12.6 percent to AED 22.05 billion.
Portfolio performance also improved, with average occupancy rising by 1.7 percentage points to 98.3 percent. Average revenue per leased unit reached AED 53,524, while average revenue per leased gross leasable area increased to AED 56.5 per square foot. With residential unit count steady at 35,700 and gross leasable area largely unchanged, the results reflect strong demand for well-located residential assets, disciplined leasing, and effective renewal strategies across the portfolio.
The Board of Directors proposed a dividend of AED 550 million, equivalent to 4.2 fils per unit, for the second half of 2025. The dividend is expected to be paid in April 2026, subject to unitholder approval at the Annual General Meeting scheduled for 9 March 2026.
