Deyaar Posts $72.58M Profit in H1 2025, Launches New Projects

Dubai, UAE – August 1, 2025 – Deyaar Development, a leading real estate developer based in Dubai, has reported a net profit before tax of USD 72.58 million (AED 266.6 million) for the first half of 2025, marking a 31.6% year-on-year increase and highlighting its operational strength in a competitive market.

The company also posted a significant surge in revenue, which climbed 39.2% to USD 252 million (AED 925.4 million) for the six-month period, up from USD 180.9 million (AED 664.4 million) during H1 2024. This growth is attributed to rising investor confidence, high market demand, and Deyaar’s consistent project execution.

Strong Q2 and EPS Performance

In the second quarter alone, net profit before tax rose to USD 39.97 million (AED 146.8 million), up from AED 125.1 million in Q2 2024. Earnings per share (EPS) also recorded a 33.1% increase, reaching 5.74 fils compared to 4.31 fils in the same period last year.

Revenue from Deyaar’s other business segments reached USD 46.3 million (AED 170 million), a 6.3% increase from AED 159.1 million in H1 2024.

CEO Highlights Strategic Expansion Commenting on the results, Saeed Mohammed Al Qatami, CEO of Deyaar Development, said:

“We have achieved strong results during the first half of the year and successfully launched remarkable projects. Additionally, we have capitalized on emerging opportunities across the UAE. We have successfully expanded Deyaar’s strategic investments in high-potential locations, yielding significant returns and delivering exceptional value to our stakeholders.”

He added:

“By leveraging our focused vision and effective execution strategy, we aim to continue our journey of growth by adopting a strategy focused on creating added value for all stakeholders, founded on gaining the trust of investors for the long term. We remain optimistic about our outlook for the second half of the year, confident that our proactive strategies and robust project pipeline will further reinforce our financial stability and unlock additional value for our stakeholders.”

Major Project Launches and Upcoming Handovers

Deyaar’s financial momentum is backed by major project launches this year. The company introduced AYA Beachfront Residences in Umm Al Quwain, its debut residential development in the northern emirate, and Downtown Residences in Dubai, which will be one of the tallest residential towers in the UAE.

Looking ahead, the company is preparing to handover five major projects in H2 2025, comprising around 2,000 residential units. These deliveries are expected to strengthen liquidity and improve the company’s cash position significantly.

Deyaar’s outlook remains positive, buoyed by continued demand from end-users and global investors, and reinforced by a robust pipeline in high-growth areas.

With the support of a resilient UAE economy, pro-investment government policies, and a favorable regulatory framework, the company is well-positioned to pursue its long-term vision and generate sustainable value for shareholders.