Dubai Residential REIT: The Benchmark for Dubai’s Residential Real Estate Leasing Market
Dubai Residential LLC (“Dubai Residential”), previously Dubai Asset Management LLC is owned by Dubai Residential REIT and is a leading name in Dubai’s residential leasing market, managing one of the city’s largest and most diversified portfolios. As an institutional landlord, Dubai Residential sets the benchmark for the city’s residential real estate market, operating one of the largest owned and operated residential portfolios in the UAE that is managed to ensure reliability, efficiency, and high-quality services for its tenants. This professional approach enhances resident retention and drives strong demand, reflecting Dubai Residential’s commitment to providing quality homes that meet the diverse needs of Dubai’s residents. With carefully curated communities, Dubai Residential reinforces the city’s standing as one of the world’s most livable destinations.
Dubai Residential REIT is expected to be the largest listed REIT in the GCC, boasting an expansive portfolio of 21 residential communities catering to various demographic segments. It is also expected to be the only pure-play residential REIT in the GCC, offering a unique focus on the residential leasing market. Benefiting from Dubai Holding’s broader ecosystem, Dubai Residential’s GAV exceeds AED 21.6 billion – surpassing the combined GAV of the next five largest listed REITs in the region.
This strategic positioning across major residential hubs minimises exposure to any single location or tenant type, thereby enhancing resilience and maintaining stable occupancy rates. Dubai Residential REIT's diverse offerings include the 'Premium’ segment, which features upscale properties in prime locations such as Bluewaters, City Walk and Nad Al Sheba Villas, known for their vibrant lifestyle destinations and superior amenities. The 'Community’ segment targets mid- to high-income families with amenities-rich, gated communities like Shorooq and Layan. Meanwhile, the 'Affordable’ option offers cost-effective housing in areas like Al Khail Gate and International City, catering to more budget-conscious residents. Additionally, the 'Corporate Housing' segment provides purpose-built accommodations designed to meet the needs of corporate and industrial staff. Collectively, these segments reflect the comprehensive scope of Dubai Residential REIT’s offerings, meeting the diverse needs of Dubai’s growing population and solidifying its role as a cornerstone of residential leasing real estate in the city.
This diverse mix not only reflects Dubai Residential REIT’s ability to meet the city’s growing housing demand but also cements its role as a leader in shaping the residential leasing landscape in the UAE.