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Dubai’s NMC Royal Hospital has been sold to UAE-based investment firm Al Mal Capital REIT (AMCREIT) for AED 1.4 billion under a 17-year lease agreement. This marks AMCREIT’s first major investment in the healthcare sector.

The hospital, located in Dubai Investment Park, covers about 492,000 square feet and includes two hospital blocks and a commercial building. It offers around 120 inpatient beds, a full range of outpatient services, a pharmacy, and emergency care facilities.

As part of the deal, NMC Healthcare will continue to operate the hospital and pay rent to AMCREIT during the 17-year lease period. The acquisition ensures a steady income for the investment firm while allowing NMC to continue its operations without interruption.

Officials from AMCREIT said the purchase aligns with their strategy to diversify investments into stable, income-generating sectors such as healthcare. The transaction is expected to strengthen the hospital’s financial stability and support long-term healthcare infrastructure in the UAE.