Dubai Residential REIT

DUBAIRESIStocksDubai Financial MarketReal Estate

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual (AED)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022
Operating Summary
Revenue	1.95B	1.79B	1.65B	1.46B
Interest Income	9.40M	46.97M	23.25M	12.65M
Interest Expense	-95.98M	-117.92M	-112.79M	-94.37M
Pretax Income	3.02B	2.66B	3.40B	2.60B
Income Tax	—	—	1.03B	—
Net Income	3.02B	2.66B	2.37B	2.60B
Rental Revenue	1.95B	1.79B	1.65B	1.46B
Property Expenses	427.30M	521.94M	494.13M	478.53M
Operating Income	1.36B	1.17B	1.03B	0.85B
EPS (Basic)	0.23	0.20	—	—
EPS (Diluted)	0.23	0.20	—	—
DPS	0.08	0.09	—	—
Margins & Efficiency
Net Margin %	+154.7%	+148.5%	+144.1%	+178.6%
Revenue & Income
Revenue Growth (YoY)	+9.0%	+8.9%	+13.1%	—
Revenue RE	1.95B	1.79B	1.65B	1.46B
Rental Revenue	1.95B	1.79B	1.65B	1.46B
Expenses & Provisions
SG&A RE	177.15M	112.72M	131.95M	131.67M
Total Operating Expenses RE	594.92M	627.50M	618.17M	603.59M
Interest Expense RE	-95.98M	-117.92M	-112.79M	-94.37M
Other Non Oper Exp Suppl RE	14.98M	29.82M	39.10M	9.85M
Property Expenses	427.30M	521.94M	494.13M	478.53M
Asset Writedown	1.73B	1.54B	2.42B	1.82B
D&A For EBITDA	2.26M	2.53M	3.57M	4.07M
Profitability & Returns
EBIT	1.36B	1.17B	1.03B	0.85B
EBIT Margin	+69.5%	+65.0%	+62.5%	+58.5%
EBITDA	1.36B	1.17B	1.03B	0.86B
EBITDA Margin	+69.7%	+65.1%	+62.7%	+58.8%
EBT Excl RE	1.29B	1.12B	0.98B	0.78B
Pretax Income	3.02B	2.66B	3.40B	2.60B
Operating Income RE	1.36B	1.17B	1.03B	0.85B
Operating Margin	+69.5%	+65.0%	+62.5%	+58.5%
Profit Margin	+154.7%	+148.5%	+144.1%	+178.6%
Net Income	3.02B	2.66B	2.37B	2.60B
Net Income to Common	3.02B	2.66B	2.37B	2.60B
Net Income Growth	+13.5%	+12.2%	-8.7%	—
Income Tax Expense	—	—	1.03B	—
Effective Tax Rate	—	—	+30.2%	—
Net Interest Expense RE	-86.58M	-70.96M	-89.54M	-81.72M
Per Share & Capital
EPS (Basic)	0.23	0.20	—	—
EPS (Diluted)	0.23	0.20	—	—
EPS Growth	+13.5%	—	—	—
Dividend Per Share	0.08	0.09	—	—
Shares Outstanding (Basic)	13.00B	13.00B	—	—
Shares Outstanding (Diluted)	13.00B	13.00B	—	—
Dividend Growth	-11.1%	—	—	—
Payout Ratio	+18.2%	+45.9%	—	—
Supplemental
Int Inc RE	9.40M	46.97M	23.25M	12.65M
Other Operating Expenses RE	-9.53M	-7.16M	-7.92M	-6.62M

Income Statement Balance Sheet Cash Flow Ratios

Annual Semi-annual

Annual (AED)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022
Operating Summary
Revenue	1.95B	1.79B	1.65B	1.46B
Interest Income	9.40M	46.97M	23.25M	12.65M
Interest Expense	-95.98M	-117.92M	-112.79M	-94.37M
Pretax Income	3.02B	2.66B	3.40B	2.60B
Income Tax	—	—	1.03B	—
Net Income	3.02B	2.66B	2.37B	2.60B
Rental Revenue	1.95B	1.79B	1.65B	1.46B
Property Expenses	427.30M	521.94M	494.13M	478.53M
Operating Income	1.36B	1.17B	1.03B	0.85B
EPS (Basic)	0.23	0.20	—	—
EPS (Diluted)	0.23	0.20	—	—
DPS	0.08	0.09	—	—
Margins & Efficiency
Net Margin %	+154.7%	+148.5%	+144.1%	+178.6%
Revenue & Income
Revenue Growth (YoY)	+9.0%	+8.9%	+13.1%	—
Revenue RE	1.95B	1.79B	1.65B	1.46B
Rental Revenue	1.95B	1.79B	1.65B	1.46B
Expenses & Provisions
SG&A RE	177.15M	112.72M	131.95M	131.67M
Total Operating Expenses RE	594.92M	627.50M	618.17M	603.59M
Interest Expense RE	-95.98M	-117.92M	-112.79M	-94.37M
Other Non Oper Exp Suppl RE	14.98M	29.82M	39.10M	9.85M
Property Expenses	427.30M	521.94M	494.13M	478.53M
Asset Writedown	1.73B	1.54B	2.42B	1.82B
D&A For EBITDA	2.26M	2.53M	3.57M	4.07M
Profitability & Returns
EBIT	1.36B	1.17B	1.03B	0.85B
EBIT Margin	+69.5%	+65.0%	+62.5%	+58.5%
EBITDA	1.36B	1.17B	1.03B	0.86B
EBITDA Margin	+69.7%	+65.1%	+62.7%	+58.8%
EBT Excl RE	1.29B	1.12B	0.98B	0.78B
Pretax Income	3.02B	2.66B	3.40B	2.60B
Operating Income RE	1.36B	1.17B	1.03B	0.85B
Operating Margin	+69.5%	+65.0%	+62.5%	+58.5%
Profit Margin	+154.7%	+148.5%	+144.1%	+178.6%
Net Income	3.02B	2.66B	2.37B	2.60B
Net Income to Common	3.02B	2.66B	2.37B	2.60B
Net Income Growth	+13.5%	+12.2%	-8.7%	—
Income Tax Expense	—	—	1.03B	—
Effective Tax Rate	—	—	+30.2%	—
Net Interest Expense RE	-86.58M	-70.96M	-89.54M	-81.72M
Per Share & Capital
EPS (Basic)	0.23	0.20	—	—
EPS (Diluted)	0.23	0.20	—	—
EPS Growth	+13.5%	—	—	—
Dividend Per Share	0.08	0.09	—	—
Shares Outstanding (Basic)	13.00B	13.00B	—	—
Shares Outstanding (Diluted)	13.00B	13.00B	—	—
Dividend Growth	-11.1%	—	—	—
Payout Ratio	+18.2%	+45.9%	—	—
Supplemental
Int Inc RE	9.40M	46.97M	23.25M	12.65M
Other Operating Expenses RE	-9.53M	-7.16M	-7.92M	-6.62M