
IN’P IBRAHIM .N. PARTNERS Marks Historic Bell Ringing Ceremony of Dubai Residential REIT – UAE’s First REIT Established Under New 2023 Regime Dubai, UAE

IBRAHIM .N. PARTNERS (IN’P), a leading UAE-based law firm, proudly celebrated today the bell ringing ceremony marking the successful listing of Dubai Residential REIT on the Dubai Financial Market (DFM). The transaction represents a landmark achievement as the REIT to be established in accordance with the UAE’s new REIT regime (Resolution No. 1 RM of 2023) and the first IPO on DFM in 2025.
IN’P acted as UAE legal counsel to Dubai Residential REIT, advising on all aspects of the transaction, from structuring and regulatory compliance to IPO execution and listing. The innovative structure implemented in this transaction is unprecedented in the UAE and sets a new benchmark for future REIT listings in the region.
“This listing marks a pivotal moment in the evolution of the UAE capital markets and the real estate investment landscape,” said Ahmed Ibrahim, Managing Partner of IBRAHIM .N. PARTNERS. “We are honored to have advised on the first REIT structured under the new regulatory framework and proud to contribute to a transaction that reflects innovation, investor protection, and regulatory advancement.”
Dubai Residential REIT is the first to harness the flexibility and investor-focused features of the 2023 REIT regime, offering a robust vehicle for diversified residential real estate investment in the UAE. The listing is expected to catalyse a new wave of institutional interest in IPOs in general and the REIT sector in particular, and pave the way for future offerings in line with international best practices.
IBRAHIM .N. PARTNERS has cemented its position as a market leader in equity capital markets, with a consistent track record of advising on transformative and first-of-their-kind transactions in the UAE and broader GCC region.
– ENDS –
About IBRAHIM .N. PARTNERS
IN’P IBRAHIM .N. PARTNERS is an independent MENA-region law firm based in the ADGM, Abu Dhabi, led by our Managing Partner, Ahmed Ibrahim, and is comprised of a team of lawyers that are experts in advising on all aspects of UAE law. We are the most active law firm in the GCC in equity capital markets. Furthermore, we advise both local and international companies on a full range of issues from contentious and non-contentious corporate and commercial matters, including major project work, establishing, and conducting business across the Emirates, joint ventures, mergers and acquisitions, equity capital market, legal due diligence, employment matters, property, structuring, distributions and franchise arrangements.
WHAT IS NEW