BLAGOJE ANTIC, CHAIRMAN OF THE BOARD AND CEO, DHG HOLDING SHARES HIS INSIGHTS ABOUT DUBAI HOLDING’S RECENT ANNOUNCEMENT TO INCREASE ITS RESIDENTIAL REIT.
Dubai Holding’s successful completion of the Dubai Residential REIT IPO with a market capitalisation of AED 14.3 billion and a 26x oversub – scription sends a powerful signal about investor confidence in Dubai’s real estate sector. Raising over AED 2.1 billion and attracting AED 56 billion in gross demand from local, regional, and interna – tional investors, the IPO’s scale speaks to the global appetite for Dubai’s income-generating residential assets.
The increase in float size from 12.5% to 15%, combined with pricing at the top of the range (AED 1.10 per unit), reflects not just strong demand but deep confidence in the REIT’s fundamentals. With a projected gross dividend yield of 7.7% for 2025, it offers institutional investors a transparent, liquid, and stable alternative to direct ownership, marking a new chapter in Dubai’s capital market evolution.
This listing strengthens the market’s institutional foundation and offers greater diversification to the investment landscape. It also aligns Dubai more closely with international real estate financial structures where REITs are a cornerstone of long-term wealth allocation.
As a Swiss developer operating in Dubai, we welcome this milestone. It enhances the credibility of the market we are investing in and helps bridge global capital with the city’s urban development goals. The emirate has always excelled at vision, with this IPO turning it into tangible financial infrastructure that deepens market credibility.
