Dubai Residential REIT added 56 four-bedroom semi-detached villas to its Garden View Villas portfolio for AED 241 million.
The acquisition price represents a 7.9% value uplift based on a December 2025 valuation of AED 260 million.
The REIT's expansion into Jebel Ali Village is on track to add 220 units by the second quarter of 2026.
The combined additions of Garden View Villas and Jebel Ali Village are projected to deliver between AED 70 million and AED 80 million in incremental revenue once stabilized.