Dubai Residential REIT has announced the expansion of its Garden View Villas community with the addition of 56 new villas, reinforcing its ongoing strategy to grow a high-quality residential portfolio. The new units complement the existing 285 villas within the development, further enhancing its position as a well-established residential destination in Dubai.

The newly added villas are semi-detached four-bedroom units, secured through a forward purchase agreement with Dubai Holding Asset Management. The transaction was valued at AED 241 million, while a recent valuation placed the assets at AED 260 million, reflecting a noticeable increase in value.

This step highlights the REIT’s disciplined approach to growth, focusing on income-generating properties in strategic locations. It also aligns with the continued demand for well-designed residential communities across Dubai, supported by a stable and evolving real estate market.

Alongside this addition, Dubai Residential REIT continues to execute its previously announced growth plans. A further 220 residential units from the Jebel Ali Village project are expected to be added to the portfolio by the second quarter of 2026, in line with the planned timeline. Once both developments reach stable operational performance, they are expected to generate additional annual revenues ranging between AED 70 million and AED 80 million.

These developments reflect the REIT’s steady progress in expanding its residential footprint while maintaining a balanced focus on sustainable growth and long-term value creation.