Dubai Residential REIT has acquired 220 townhouses at Jebel Ali Village, expanding its portfolio with a premium residential cluster valued at AED 894 million. The deal, structured as a forward purchase agreement, was independently valued in May 2025 when the agreement was signed.
The cluster comprises 80 three-bedroom and 140 four-bedroom units, positioned close to Sheikh Zayed Road and Ibn Battuta Mall. The three-bedroom homes average 2,912 sq.ft of built-up area; the four-bedrooms average 3,227 sq.ft. Both are classified within the premium price segment.
The Jebel Ali Village acquisition is the second portfolio addition the REIT has made in 2026. Earlier this year it completed the purchase of 56 units at Garden View Villas, bringing the total units added in the first half of the year to 276. Together, the two acquisitions are projected to contribute approximately AED 75 million in additional annual revenue once stabilised, according to the REIT’s management.
“The acquisition and addition of the 220 townhouses at Jebel Ali Village to our portfolio marks the next step in Dubai Residential REIT’s committed growth strategy, following the successful acquisition of 56 units in Garden View Villas earlier this year. Together, these additions reflect disciplined execution against the pipeline outlined at the time of listing and demonstrate our ability to integrate high-quality, income-generating residential assets into the portfolio in a measured and value-accretive manner. This cluster adds a sizeable number of family-oriented townhouses in a strategically located community with strong long-term demand fundamentals. As we integrate these homes into the portfolio, our focus will remain on disciplined leasing, maintaining a high-quality resident experience and translating these assets into sustainable cash generation. We will continue to assess further opportunities with a clear emphasis on strategic fit, operational readiness and long-term value creation for unitholders,” Ahmed Al Suwaidi, Managing Director of DHAM REIT Management said in a statement.
The REIT, which describes itself as the GCC’s largest real estate investment trust, said it continues to evaluate further acquisitions within the Dubai Holding residential pipeline.
Properties under consideration include Lantana Hills within Dubai Science Park, additional units at Dubai Wharf, and a cluster of single-family homes within The Acres community in Dubailand. Each remains subject to the REIT’s standard investment and portfolio review process.
