Dubai Residential REIT Soars 14.5% in First 30 Minutes on DFM

The first stock to be listed on the Dubai Financial Market (DFM) in 2025 is the Dubai Residential REIT, and it has made a very strong start. Within just the first 30 minutes of trading, the stock’s price went up by more than 10%.

This new listing came after its Initial Public Offering (IPO) was hugely popular, being oversubscribed 26 times. This means many investors wanted to buy shares, much more than what was available. The Dubai Residential REIT is a collection of homes located in over 20 different neighborhoods and communities across Dubai. These properties work together to provide steady income returns for the investors.

REITs, or Real Estate Investment Trusts, are special investment funds. They let people put their money into a group of properties and earn profits either when the value of these properties goes up or when they are sold.

The Dubai Residential REIT was initially priced at Dh1.1 per unit. By 10:40 am on the day of the listing, its price had risen to Dh1.26, which is a gain of about 14.54%.

Not long ago, the DFM General Index reached its highest level since 2014. Market experts believe that the Dubai Residential REIT will help bring more attention to the local property market. It is expected to attract new investors and improve the overall visibility of Dubai’s real estate opportunities.

Sept. 15, 2026 1:11 p.m.

Jaishankar Hails Successful BRICS Summit 2026

Jaishankar praised the BRICS Summit 2026 in New Delhi for building consensus on peace security trade and the West Asia conflict

Sept. 15, 2026 12:21 p.m.

Amritsar-Abu Dhabi Direct Flight From October 29

Air India Express will start direct Amritsar-Abu Dhabi flights from October 29, operating three days a week for Punjab-UAE travellers

Sept. 15, 2026 10:59 a.m.

Mohammed bin Rashid Visits Arabian Travel Market 2026

Mohammed bin Rashid visits ATM 2026 in Dubai, highlighting innovation, AI, tourism partnerships and the UAE’s global travel leadership

Sept. 14, 2026 5:58 p.m.

AI Drives Saudi Arabia Healthcare Shift Toward Prevention

Saudi Arabia is using AI, genomics and data sharing to move healthcare toward early detection and prevention

Sept. 14, 2026 5:49 p.m.

Saudi Arabia Lifts Alerts After Houthi Attacks

Saudi Arabia lifts alerts after Houthi attacks as security fears grow around cities, oil routes and regional waterways

Sept. 14, 2026 5:19 p.m.

Heavy Rain and Thunderstorms Hit Mecca

Heavy rain and thunderstorms hit Mecca as Saudi Arabia issued flood warnings around low-lying areas

Sept. 14, 2026 12:39 p.m.

Trump Downplays AI Risks as US-China Race Intensifies

Trump rejects severe AI warnings as US leaders debate safety regulation and competition with China

Sept. 14, 2026 12:30 p.m.

Oman Postpones Iran-Gulf Talks on Strait of Hormuz

Oman postpones Iran-Gulf talks on the Strait of Hormuz as regional countries seek consensus amid rising tensions

Sept. 14, 2026 12:18 p.m.

Iran-Oman Talks Delayed as Gulf Consensus Sought

Iran and Oman delay talks as regional tensions rise following an attack on a commercial vessel near Hormuz

Dubai Residential REIT Soars 14.5% in First 30 Minutes on DFM

More Trending News

Featured Stories

Sponsored

Trending News