Dubai Residential REIT (DFM: DUBAIRESI) announced the acquisition of 220 premium townhouses in Jebel Ali Village through a forward purchase agreement worth AED 894 million, further expanding its portfolio and reinforcing its long-term growth strategy.
The acquisition increases the REIT’s exposure to high-quality, income-generating residential assets and follows the earlier acquisition of 56 units at Garden View Villas during 2026.
Key highlights:
• Acquired 220 premium townhouses in Jebel Ali Village
• Forward purchase price of AED 894 million
• Includes 80 three-bedroom and 140 four-bedroom townhouses
• Located near Sheikh Zayed Road and Ibn Battuta Mall
• Expected to generate approximately AED 75 million in additional annual revenue (together with Garden View Villas) once stabilised
• Marks the addition of 276 residential units during the first half of 2026
The newly acquired portfolio includes:
• 80 three-bedroom townhouses with an average built-up area of 2,912 sq. ft.
• 140 four-bedroom townhouses with an average built-up area of 3,227 sq. ft.
According to the company, the acquisition strengthens Dubai Residential REIT’s presence in Dubai’s premium residential segment while supporting sustainable rental income and long-term cash generation for unitholders.
The REIT also confirmed that it continues to evaluate additional acquisition opportunities within the Dubai Holding residential pipeline, including projects at Lantana Hills (Dubai Science Park), Dubai Wharf, and The Acres community in Dubailand.
Following the acquisition, Dubai Residential REIT’s portfolio now comprises:
• 22 integrated residential communities
• More than 35,900 homes
• Over 140,000 residents
• Exposure across Premium, Community, Affordable and Corporate Housing segments
Source: Dubai Residential REIT
Disclaimer: This post is for informational purposes only and should not be considered investment or financial advice.