BusinessRevenue surpasses AED1 billion as occupancy reaches 98.6%, while REIT explores new residential acquisition opportunitiesThe growth was driven by higher rental income, increased occupancy levels and disciplined cost management across the portfolio. WAMDubai: Dubai Residential REIT reported strong financial and operational results for the first half of 2026, with net profit before changes in the fair value of investment property rising 15.1% year-on-year to AED716.5 million, compared to AED622.3 million in the same period last year. The growth was driven by higher rental income, increased occupancy levels and disciplined cost management across the portfolio. Revenue increased 8.1% year-on-year to AED1.036 billion, up from AED957.8 million in the first half of 2025, while adjusted EBITDA rose 14.6% to AED822.6 million. Ahmed Al Suwaidi, Managing Director of DHAM REIT Management, said the results highlighted the strength of the portfolio and the depth of demand across its communities.