I have to thank H.H. Sheikh Khalifa Bin Zayed Al Nahyan, President of the UAE, for his continuing support and leadership. I would also like to express my sincere gratitude to H.H. Sheikh Mohamed Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces for his constant encouragement and invaluable guidance. I would also like to offer my thanks and appreciation to our Chairman, H.H Sheikh Tahnoun Bin Mohammed Bin Khalifa Al Nahyan, the Chairman, whose wisdom and foresight, have helped Dubai International Investment PJSC weather the adverse global economic conditions and emerge stronger. The global instability in the financial markets in 2021 continued where 2020 left off. The Eurozone sovereign debt crisis, battered investor confidence and tight bank liquidity continued to depress the world stock and real estate markets. The negative impact on the emerging markets this time was more visible with growth slowing in Brazil, China, India and Singapore, all economies that had previously recorded strong growth.
Against this backdrop, our prudent and patient investment strategy bore fruits. In 2021, our investments contributed a net gain of about $109.9 million, more than 121% over last year. Our equity portfolio outperformed the MSCI EM Index by 16.2%, the ADCB MSCI UAE Index Fund by 14.3% and the ADX Index by 7.6%.
On the real estate front, our focus remained on the substantial completion of our infrastructure works. We had sold 74% of our total Gross Floor Area in Najmat Phase 1 and 58% in Rawdhat, representing a total of 46% of our total land bank. It was important for us to demonstrate our commitment and thereby create confidence amongst our third party developers in these projects.
In Najmat, we had completed substantial infrastructure works in Phase 1 and 2 in addition to the works on the beaches confirming our commitments had a positive impact in creating confidence amongst our 3rd party developers in our projects. We also commenced works on the landscaping in Phase 1, which is expected to be completed by June 2025. Soil investigation works had also started with our 42 luxury villa project named Nalaya, which was warmly received when we announced it at Cityscape in April 2021. We expect the Nalaya Villa compound to be ready for occupation by first quarter 2025.
As we had completed the infrastructure works in Rawdhat in 2020, we started preparations in 2021 towards the handing over of the master-plan development to the authorities. We completed the landscaping works along the main corridors of the development, especially those lining Old Airport Road. Our Dome@Rawdhat also continued to breathe life and activity in the development. In 2021, the facility had recorded 15,438 hours of booking, representing a 65% increase over 2020, and an average of 18,000 visitors used our facility per month. In addition, a total of 1548 boys and girls of 50 different nationalities have participated in the Manchester United Soccer Schools programme at the Dome@ Rawdhat so far.
These efforts continue to help us make our difference in the real estate sector as a committed lifestyle developer and there have been some resonance to these efforts. In Najmat, we have completed the handover of 43 plots; in Rawdhat 19 plots. In 2021, we successfully recognized $281.9 million in revenues from land sales and collected $184.5 million in payments.
Our conservative policies have thus allowed us to record a profit of $159 million, representing a Return on Equity (ROE) of 4% and Earnings per Share (EPS) of $2.05 in 2021 which makes us one of the better performing private joint stock companies in the UAE in 2021.
With these results, the Company can look towards 2022 with hope and confidence. Under the strong direction of our Board of Directors’, we will be moving into the warehousing and self-storage sectors and private equity fund management as well as looking at creating new demand for our land bank. In pursuit of these new initiatives, please be assured that we will continue to strive towards protecting and enhancing the values of our assets, and returning better returns to our shareholders.
I would like to take this opportunity to thank all the employees for their commitment and dedication; and a special appreciation to our shareholders for their continuous support.
