The real estate investment fund 'Dubai REIT', managed by 'DHAM' Real Estate Investment Funds Management Company, announced strong operational performance during the first nine months of 2025. According to the results, revenue increased by 10% year-on-year, reflecting rental price growth, leasing momentum, and effective leasing strategies within the fund's residential complexes. The average revenue per lettable and leased area also increased by 7% year-on-year. The total asset value reached approximately 23 billion dirhams as of September 30, 2025, confirming the quality, size, and diversification of its portfolio as one of the largest portfolios of residential complexes dedicated to the management and leasing of residential assets in Dubai. The fund maintained an average occupancy rate of 98% across all residential complexes (+2 percentage points year-on-year). According to a fund statement, the tenant retention rate for the portfolio, reported on a quarterly basis, was 97% in each of the first, second, and third quarters of the current year, attributed to increased tenant satisfaction levels and contract renewal rates. The net debt to market value of assets ratio stabilized at 4%, reflecting disciplined financial management and a prudent financing strategy that supports the fund's financial strength and balance sheet stability. The General Manager of 'DHAM' Real Estate Investment Funds Management Company, Ahmed Al-Suwaidi, said: 'Our results for the first nine months of 2025 affirm the position of the Dubai REIT fund as one of the largest owners and operators of residential real estate in Dubai, and they highlight the strength, depth, and quality of demand across our assets.' He added: 'Having achieved an average occupancy rate of 98% and a tenant retention rate of 97% throughout the year, we continue to execute our operational strategy with high efficiency and effectiveness. This performance is based on solid rental foundations in Dubai, driven by a number of key factors, foremost of which is the continuous population growth, long-term residence initiatives, alongside the emirate's established position as a leading global hub for living and investing.'
