Deyaar Development Reports $110.7 Million Profit, 23.7% Growth in Q3 2025

Dubai, UAE: Deyaar Development PJSC (Deyaar), one of Dubai’s leading real estate developers and service providers, has announced strong financial results for the nine-month period ending September 30, 2025. The company posted a profit after tax of AED 406.4 million (USD 110.7 million), marking a 23.7% year-on-year (YoY) increase from AED 328.5 million in the same period last year.

Profit before tax rose 22.1% to AED 425.7 million (USD 116 million), compared to AED 348.8 million, while total revenue climbed 39.1% to AED 1.447 billion (USD 394 million), driven by strong property sales and growth across its diversified business lines. Earnings per share increased 24.2% to 9.33 fils, up from 7.51 fils in 2024.

Revenue from property development surged 46.4% to AED 1.196 billion (USD 326 million), while other business segments generated AED 251 million (USD 68.4 million), reflecting 12.2% growth. Deyaar’s total assets reached AED 7.59 billion (USD 2.07 billion), up 12.3% YoY, underscoring a strong financial position supported by ongoing strategic investments.

Strategic Growth and Market Confidence

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

“Deyaar’s performance highlights our strategic direction and commitment to long-term growth. These figures showcase our successful approach in developing communities that resonate with a diverse range of investors and residents. Our robust revenue growth and strong profit margins are attributable to our strategic initiatives and disciplined execution.

This is evidenced by our recent developments, including Downtown Residences, the final phase of Park Five in Dubai, and AYA Beachfront Residences in Umm Al Quwain. These projects highlight our commitment to delivering premium quality assets and our proactive approach to aligning with market demands and optimising our investment portfolio.

Looking ahead, we are optimistic about the remainder of 2025, confident in our ability to reach our growth objectives and uphold our commitments to investors and partners.”

Major Developments and Project Milestones

Among its latest milestones, Downtown Residences marks Deyaar’s entry into the ultra-luxury high-rise segment. Standing at 445 meters across 110 floors, it is one of the tallest residential towers in the UAE, with completion scheduled for Q4 2030.

In Dubai Production City, Deyaar has launched the final phase of its Park Five community, with completion targeted for December 2027. Meanwhile, AYA Beachfront Residences in Umm Al Quwain marks the developer’s debut in the Northern Emirates, a project recognised among the Top 100 Luxury Residences of the World, featuring 442 modern coastal units designed around wellness and sustainability.

Commitment to Sustainable Growth

Deyaar remains focused on sustainable expansion and timely project delivery. The company is on track to deliver nearly 2,000 residential units this year, including handovers for Amalia in Al Furjan and Regalia in Business Bay. These milestones underline Deyaar’s consistent progress, operational excellence, and contribution to the UAE’s real estate growth — supported by strong market fundamentals driven by Dubai’s D33 Economic Agenda and the 2040 Urban Master Plan.