Dubai Residential REIT expands portfolio with 220 Jebel Ali Village townhouses in Dh894m deal
Additional units expected to deliver Dh75 million revenue potential
DUBAI – Dubai Residential REIT, the GCC’s largest real estate investment trust, has expanded its Dubai portfolio with the acquisition of 220 townhouses in Jebel Ali Village, adding a significant residential cluster to its growing collection of income-generating assets.
The acquisition marks another step in the REIT’s planned expansion strategy, strengthening its presence in Dubai’s premium residential market. The newly added homes were secured through a forward purchase agreement valued at Dh894 million.
The latest addition comprises a mix of three- and four-bedroom townhouses within the wider Jebel Ali Village community, a family-focused residential destination located near Sheikh Zayed Road and Ibn Battuta Mall. The acquisition increases Dubai Residential REIT’s exposure to high-quality residential assets designed to support long-term leasing demand.
The newly acquired cluster includes 80 three-bedroom townhouses and 140 four-bedroom townhouses. The three-bedroom units have an average built-up area of 2,912 sq ft, while the four-bedroom homes average 3,227 sq ft.
The acquisition follows the addition of 56 units in the neighbouring Garden View Villas earlier this year, bringing the total number of new units added to Dubai Residential REIT’s portfolio during the first half of 2026 to 276 homes.
Together, the Jebel Ali Village townhouses and the newly acquired Garden View Villas units are expected to generate approximately Dh75 million in incremental revenue once stabilised, supporting the REIT’s medium-term portfolio growth plans.
Ahmed Al Suwaidi, Managing Director of DHAM REIT Management, said the latest acquisition reflects the continued execution of the growth pipeline announced at the time of listing, while highlighting the REIT’s focus on integrating high-quality residential assets into its portfolio.
He said the Jebel Ali Village addition provides a sizeable number of family-oriented homes in a strategically located community, with the focus remaining on disciplined leasing, maintaining resident experience standards and creating sustainable cash generation.
Future plans
Dubai Residential REIT continues to assess further opportunities across the Dubai Holding residential pipeline, including potential additions at Lantana Hills within Dubai Science Park, new units at Dubai Wharf, and a cluster of single-family homes within The Acres community in Dubailand.
These opportunities remain subject to evaluation based on the REIT’s investment policy, portfolio strategy and long-term return objectives.
Managed by DHAM REIT Management, Dubai Residential REIT is a Shariah-compliant fund listed on the Dubai Financial Market under the ticker DUBAIRESI. The REIT operates one of the UAE’s largest owned and managed residential leasing portfolios, covering 22 integrated communities with more than 35,900 homes serving over 140,000 residents across premium, community, affordable and corporate housing segments.