Dubai-based real estate developer Deyaar Development has demonstrated exceptional financial performance in 2025, with a substantial 23.7% year-on-year increase in profit after tax, reaching Dh406.4 million for the first nine months.
The company’s financial strength was underscored by a significant 39.1% surge in total revenue, climbing to Dh1.447 billion from Dh1.040 billion in the corresponding period last year. The results align with Dubai’s broader real estate market momentum, which continues to show robust growth.
Key financial highlights include:
• Property Development Revenue: Soared 46.4% to Dh1.196 billion
• Other Business Segments: Grew 12.2% to Dh251 million
• Profit Before Tax: Increased 22.1% to Dh425.7 million
• Earnings Per Share: Rose to 9.33 fils, up 24.2% from the previous year
• Total Assets: Expanded 12.3% to Dh7.591 billion
Saeed Mohammed Al Qatami, CEO of Deyaar, attributed the strong performance to the company’s strategic approach. “These figures showcase our successful approach in developing communities that resonate with a diverse range of investors and residents,” he stated.
The company highlighted recent project launches, including:
• Downtown Residences
• Final phase of Park Five community in Dubai
• Luxury AYA Beachfront Residences in Umm Al Quwain
Looking ahead, Al Qatami expressed confidence in reaching growth objectives, supported by Dubai’s Economic Agenda D33 and the 2040 Urban Master Plan. The market outlook remains positive for the remainder of 2025.
Strategic milestones for the period include the launch of Downtown Residences, set to become the company’s tallest project at 445 meters upon completion in 2030. The company is also progressing on delivery targets, with the Amalia project handover underway and the Regalia tower in Business Bay scheduled for completion before year-end.
