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Initial Public Offering (IPO) of Dubai Residential REIT
Your opportunity to invest in a diversified residential leasing portfolio
First Abu Dhabi Bank present to you the opportunity to subscribe to the Dubai Residential REIT IPO on the Dubai Financial Market (DFM).
Subscriptions will open on 13 May 2025.
Dubai Residential REIT in Numbers*
AED 21.6 billion
Gross Asset Value
AED 1.8 billion
Total Revenue
AED 1.3 billion
Adjusted EBITDA
AED 1.1 billion***
Expected Dividend (FY 2025)**
21 across Dubai
Residential Communities
35,700 (95% Apartments / 5% Villas)
Residential Units
97%
Average Occupancy
83%
Avg. Retention Rate Over 3 Years
* As at or for the year ended 31 December 2024 (unless otherwise stated)
** Subject to Board approval. The expected dividend in respect of the year ending 31 December 2025 should not be viewed as a guide to the amount of any dividends that may be paid in respect of subsequent periods
*** Or, if higher, an amount equal to 80% of profit for the period before changes in fair value of investment property
Disclaimer: This announcement has not been reviewed or approved by the SCA or any regulator in the UAE or elsewhere, does not form part of the Prospectus, and should not be considered an offer of securities in any jurisdiction. Any decision to invest in the units should be based solely on the information in the Prospectus.
Key dates to remember
01
13 May 2025
UAE Retail Subscription Commencement
02
20 May 2025
UAE End of Subscription Period
03
21 May 2025
Announcement of Final Offer Price
04
26 May 2025
Allocation and Refunds
05
28 May 2025
Expected Listing on DFM
Subscription Eligibility Criteria
If you don’t have DFM Investor Number, you can download DFM Mobile Application to create one. Additionally, you can contact DFM.
To find out more about the subscription criteria and process, please contact your relationship manager if you are an Elite or Private banking client or call our IPO call Centre at 026161800.
Key IPO Documents
SCAN TO DOWNLOAD
Subscribe to the IPO conveniently through FAB Mobile
Grow your wealth with FAB
- Tap ‘IPO Subscription’ under the Payments tab
- Select the ‘Dubai Residential REIT’ IPO
- Enter your Investor Details and Amount
- Confirm your subscription
Disclaimer: This announcement has not been reviewed or approved by the SCA or any regulator in the UAE or elsewhere, does not form part of the Prospectus, and should not be considered an offer of securities in any jurisdiction. Any decision to invest in the units should be based solely on the information in the Prospectus.