Business

Deyaar Development PJSC (Deyaar), one of Dubai’s leading real estate developers and integrated service providers, has reported strong financial results for the nine-month period ending 30 September 2025, posting a 23.7% year-on-year (YoY) increase in profit after tax to AED 406.4 million, up from AED 328.5 million in the same period last year.

Profit before tax reached AED 425.7 million, marking a 22.1% increase from AED 348.8 million recorded in YTD September 2024, while total revenue surged 39.1% YoY to AED 1.45 billion, driven by strong performance in property development and growth across other business segments.

Robust Year-to-Date Financial Performance

Deyaar’s earnings per share rose 24.2% to 9.33 fils, compared to 7.51 fils in the previous year.
Revenue from property development recorded a 46.4% YoY increase to AED 1.2 billion, while other business segments—including property management and facilities management—achieved a 12.2% rise, reaching AED 251 million.

The company’s total assets grew 12.3%, reaching AED 7.59 billion as of September 2025, compared to AED 6.76 billion in September 2024, reflecting Deyaar’s continued focus on strategic investments, land bank enhancement, and asset quality improvement.

CEO Statement: Sustained Growth and Strategic Expansion

Commenting on the results, Saeed Mohammed Al Qatami, CEO of Deyaar, said:

“Deyaar’s performance highlights our strategic direction and long-term growth vision. These results demonstrate our success in developing communities that appeal to a diverse range of investors and residents. Our strong profit margins and revenue growth are driven by disciplined execution and strategic project delivery.”

He added that recent developments such as Downtown Residences, the final phase of Park Five in Dubai, and AYA Beachfront Residences in Umm Al Quwain reflect Deyaar’s dedication to creating high-quality, future-ready communities.

“We are optimistic about the remainder of 2025 and confident in our ability to meet our growth objectives while maintaining strong returns for our investors and partners,” Al Qatami stated.

Strategic Projects and Market Expansion

Deyaar continued to expand its portfolio with landmark developments:

• Downtown Residences – A 445-meter ultra-luxury residential tower across 110+ floors, marking Deyaar’s entry into Dubai’s high-rise luxury segment. The project is scheduled for completion in Q4 2030.

• Park Five Community (Dubai Production City) – The final phase launched in 2025, with project completion expected in December 2027.

• AYA Beachfront Residences (Umm Al Quwain) – Deyaar’s debut in the emirate, featuring 442 coastal residences recognized among the Top 100 Luxury Residences of the World. The development emphasizes wellness, sustainability, and resort-inspired living.

These projects highlight Deyaar’s evolution as a key player in the UAE’s rapidly developing real estate sector.

Commitment to Sustainable Growth

Deyaar reaffirmed its commitment to sustainable development and operational excellence. The handover of the Amalia project in Al Furjan is currently underway, while the Regalia project in Business Bay is set for completion by year-end.
By 2025-end, Deyaar expects to deliver approximately 2,000 residential units, underscoring its focus on timely delivery and consistent stakeholder value creation.

Al Qatami emphasized that Deyaar’s growth trajectory aligns with national strategies such as the Dubai Economic Agenda (D33) and the 2040 Urban Master Plan, which continue to drive real estate demand through diversification, foreign investment, and infrastructure expansion.

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