Dubai’s first IPO of 2025, Dubai Residential REIT, has seen strong investor interest and will now offer more shares.
The offering has been raised from 1.625 billion to 1.95 billion units, mainly increasing allocations for institutional investors. This bumps the IPO from 12.5% to 15% of the REIT’s total issued units.
The price per unit stays between AED 0.70 and AED 1.10, aiming to raise between AED 2.08 billion ($568 million) and AED 2.14 billion ($584 million).
📅 Subscription deadline: May 20
Market experts say this reflects investor confidence in Dubai’s growing residential and rental sectors.
“Dubai Residential offers some of the most desirable homes, and demand is growing steadily,” an analyst noted.
Source: Gulf News
