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ENBD REIT
A UAE-based Real Estate Investment Trust

With its management in Dubai, ENBD REIT is a Shari'a compliant, real estate investment trust investing in income generating real estate, with a primary focus on the UAE. ENBD REIT's ordinary shares are traded on Nasdaq Dubai, under ticker symbol ENBD REIT.

About ENBD REIT

 

 

 

 

 

 

 

 

 

 

 
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An attractive portfolio of high yielding assets

ENBD REIT's holdings are diversified across sectors, spanning office, residential and alternative asset classes.

Souq Extra Retail Centre, Dubai Real Estate Investment Trust

Souq Extra Retail Centre

Phase 1 is a well situated community retail centre in Dubai Silicon Oasis, with 42 retail tenants including Carrefour Market, KFC, McDonalds and Starbucks.

Gross Yield 9.5%

Occupancy rate 100%

% of portfolio value 6%

Type Alternative

Location DUBAI SILICON OASIS

As at 31st December 2022.

The Edge, REIT Dubai

The Edge

A G+6-storey office tower, located in a prime location in Dubai Internet City with prominent frontage and Grade A tenants.

Gross Yield 8.4%

Occupancy rate 99%

% of portfolio value 19%

Type Office

Location DUBAI INTERNET CITY

As at 31st December 2022.

South View School, REIT UAE

South View School

Mid-market British curriculum school located in Dubailand within Remraam, a prominent middle-income community at the Hessa Street / Emirates Road (E611) intersection.

Gross Yield 7.3%

Occupancy rate 100%

% of portfolio value 6%

Type Alternative

Location DUBAILAND

As at 31st December 2022.

See all assets & map

 

Where are REIT's positioned in the investment spectrum?

In Nasdaq Dubai's recent series of films looking at the REIT asset class, Anthony Taylor - Head of Real Estate at Emirates NBD Asset Management - discusses where a REIT sits on the investment spectrum, and the opportunities they present to investors.

 

 

 

Good quality properties
with high occupancy rates

ENBD REIT's principal investment objective is to generate income returns, complimented by capital appreciation from real estate assets. Before re-domiciling to the DIFC, Emirates Real Estate Fund, the predecessor to ENBD REIT, had since inception in 2005 provided investors with a regular and stable source of income by way of annual dividends (with limited exceptions) and long-term capital appreciation in net asset value per share.

Fund Performance

No. of properties
11

 

Occupancy
85%

 

Office
68%

 

Residential
15%

 

Alternative
17%

 

NAV**
USD 173**

NAV per share
USD 0.69**

WAULT
3.92 yrs
Office: 2.08 yrs
Residential: 0.59 yrs
Alternative: 13.97 yrs

Loan-to-Value*
54%

Property Portfolio Value
USD 363m

 

* Loan-to-value on GAV
** NAV stated cum-dividend
As at 31st December 2022

 

Latest Updates

Stay up-to-date on our news and announcements

Press Releases
In the News
Updates
Videos
ENBD REIT announces 30th June 2022 NAV

ENBD REIT announces Q3 NAV to 31 December 2022

01.02.2023

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ENBD REIT announces 30th June 2022 NAV

IMPORTANT INFORMATION - CONNECTED PERSONS REPORT

30.11.2022

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ENBD REIT announces 30th June 2022 NAV

ENBD REIT announces H1 NAV to 30 September 2022

25.11.2022

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ENBD REIT announces 30th June 2022 NAV

ENBD REIT announces 30th June 2022 NAV

15.08.2022

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See all Press Releases

Property funds target UAE industrial assets before they turn pricey

Gulf News

UAE developers are getting the sustainability message loud and clear


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Property funds target UAE industrial assets before they turn pricey

Photo: Big Project ME

Big Project ME

Refurbish to recover


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Property funds target UAE industrial assets before they turn pricey

The National

Student homes a bright spark for Dubai property market


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Property funds target UAE industrial assets before they turn pricey

The National

The Three quarters of UAE residents are upbeat about 2020, here's why


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See all In the News

Coronavirus: Dubai banks roll out measures to support customers

Coronavirus: Dubai banks roll out measures to support customers


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UAEs gross banking assets hit record $810bn high in February

UAE's gross banking assets hit record $810bn high in February


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UAE Cabinet approves additional $4.3bln stimulus package

UAE Cabinet approves additional $4.3bln stimulus package


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Dubai real estate industry can expect 'buying boom' post coronavirus

Dubai real estate industry can expect 'buying boom' post coronavirus


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See all Updates

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Burj Daman


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Al Thuraya Video

Al Thuraya Tower 1


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