Al Mal Capital REIT

Al Mal Capital REIT

DDFM:AMCREIT
1.05
AED
0.00
(0.00%)
848.47MMarket Cap
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.01
0.05
0.13
0.13
0.13
- -
Basic EPS, GAAP
-0.02
0.04
0.1
0.12
0.08
- -
Free Cash Flow per Basic Share
- -
0.03
0.14
0.08
0.12
- -
Dividend per Share
- -
0.02
0.06
0.05
0.06
- -
Book Value per Share
0.74
0.76
0.79
1.13
1.14
1.16
Tangible Book Value per Share
0.74
0.76
0.79
1.13
1.14
1.16
Basic Weighted Avg Shares
461
462
349
512
699
701
Sales/Revenue/Turnover
3
23
46
67
92
- -
Operating Margin (%)
-106.27
78.77
85.8
92.85
91.33
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
Net Income, GAAP
-8
20
35
62
56
- -
Effective Tax Rate (%)
- -
- -
- -
- -
13.29
- -
Profit Margin (%)
-309.31
86.14
75.01
92.65
60.69
- -
Working Capital
42
52
30
25
-187
-11
LT Debt
- -
- -
242
439
361
535
Total Equity
342
353
366
579
797
813
Return on Invested Capital (%)
- -
5.24
0.01
7.48
6.28
- -
Return on Capital (%)
- -
5.73
10.66
10.84
7.47
- -
Return on Common Equity (%)
- -
5.73
9.61
13.11
8.12
- -

Capital Structure

AED

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
ST Debt
70
107
95
LT Borrowings
402
361
535
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
514
701
701
Market Capitalization
534
771
848

Working Capital

AED

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
Total Current Assets
62
106
99
Cash, Cash Equivalents & STI
30
67
49
Accounts Receivable, Net
15
23
32
Inventories
- -
- -
- -
Total Current Liabilities
93
293
109
Payables & Accruals
- -
- -
- -
ST Debt
70
107
95
Deferred Revenue
- -
- -
- -

Growth Rates

AED

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
37.6%
Free Cash Flow
- -
- -
88.23%
Net Income, GAAP
- -
- -
-9.75%
Sales/Revenue/Turnover
- -
- -
37.79%
Total Cash Common Dividend
- -
- -
43.94%

Quarterly Revenue

AED

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
67
2025
- -
- -
- -
- -
92
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

AED

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.12
2025
- -
- -
- -
- -
0.08
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

AED

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.05
2025
- -
- -
- -
- -
0.06
2026
- -
- -
- -
- -
- -

Company Description

CEO
Naser Al Nabulsi
Sector
Finance
Industry
Real estate investment trusts
Address
48 Burj Gate Dubai DU United Arab Emirates 119930
IPO Date
Jan 18, 2021
Business
Al Mal Capital REIT, managed by Al Mal Capital PSC and headquartered in Dubai, United Arab Emirates, operates as a closed-ended real estate investment trust listed on the Dubai Financial Market. It specializes in investing in a diversified portfolio of income-generating real estate assets primarily across the UAE and GCC region. The REIT’s core investment sectors include healthcare, education, and industrial real estate assets, acquiring properties with long-term lease agreements to ensure stable and predictable income streams. Its portfolio comprises assets such as educational institutions—including K-12 schools like Kent College Dubai—and industrial properties, with a strategic focus on high credit tenant agreements targeting a net dividend yield above 7% annually. Recent major developments include the acquisition of NMC Royal Hospital’s real estate assets in Dubai Investments Park, marking the REIT’s strategic entry into the healthcare sector and expanding its portfolio beyond education and industrial sectors. This 492,000 square-foot hospital facility operates under a long-term lease with approximately 17 years remaining, featuring comprehensive healthcare services with inpatient, outpatient, pharmacy, and emergency units. The acquisition has increased the REIT’s total portfolio value to approximately AED 1.4 billion. Additionally, Al Mal Capital REIT executed a significant follow-on public offering in mid-2025, aiming to raise up to AED 242 million through the issuance of new units to retail and institutional investors across the UAE and GCC regions, to further enhance portfolio growth and diversification. Founded in 2021 as a subsidiary of Dubai Investments, Al Mal Capital REIT maintains an optimal capital structure enabling acquisitions onshore within the UAE and potentially offshore assets internationally. The REIT’s long-term strategy focuses on acquiring high-performing, resilient assets in sectors with growth potential and stable lease contracts with strong counterparties, providing investors access to real estate asset classes with robust fundamentals. Through its diversified real estate portfolio and ongoing capital market activities, Al Mal Capital REIT positions itself as a leading regional REIT in operational strength and portfolio quality.