Dubai Holding has garnered $15 billion in orders for its $584 million initial public offering (IPO) of the Dubai Residential Real Estate Investment Trust (REIT). This strong demand marks a significant indication of investor interest in Dubai’s thriving property market. The investment firm, owned by Dubai’s ruler, increased the size of its offering earlier this...
Dubai’s first initial public offering (IPO) of 2025, the Dubai Residential REIT, has been priced at Dh1.1 per unit. This pricing establishes an initial market capitalization of Dh14.3 billion and offers a gross dividend yield of 7.7% for the year 2025. The REIT is set to distribute Dh1.1 billion as dividends this year. The demand...
Dubai Holding is set to launch an initial public offering (IPO) for its Dubai Residential Real Estate Investment Trust (REIT) on the Dubai Financial Market (DFM). The IPO will offer a total of 1.625 billion shares, which accounts for 12.5 percent of the issued unit capital of Dubai Residential REIT. Credit: Reuters Trading is expected...