Deyaar Development PJSC, a leading real estate company in Dubai, has announced that its construction and development projects are progressing as planned, demonstrating strong operational resilience and effective project management. The company is set to deliver the Jannat District at Midtown in Dubai Production City three months ahead of schedule. Additionally, Deyaar is preparing to hand over approximately 2,000 residential units across Dubai. CEO Saeed Mohammed Al Qatami emphasized the company's commitment to safety, adherence to official directives, and the importance of flexibility in construction operations. Deyaar maintains a strong financial position, supporting its strategic goals and contributing to the UAE's urban development vision. The company is dedicated to delivering high-quality developments, meeting the needs of various stakeholders, and ensuring transparency and engagement.

The text is a proxy form for shareholders of Deyaar Development PJSC to appoint a representative to attend and vote on their behalf at the company's Annual General Assembly meeting. The meeting is scheduled for Wednesday, April 8, 2026, at 2:00 PM, and can be attended remotely via e-voting or in person. Shareholders need to fill out the form with their details, including the shareholder and proxyholder's mobile numbers, and submit it with the necessary documents and Emirates ID to specified email addresses.

Deyaar Development PJSC reported strong financial results for the fiscal year ending December 31, 2025. Profit before tax increased by 26% to AED 637.9 million, and total revenue rose by 30% to AED 1,972.1 million compared to 2024. The company's total assets grew by 17% to AED 8,027.6 million. Positive investor sentiment and a robust pipeline for 2026 are noted, with the Board recommending dividend distribution for the third consecutive year. Deyaar's development pipeline is valued at approximately AED 7 billion, indicating strong future revenue potential and project delivery.

Deyaar Development PJSC has commenced construction on DWTN Residences, a new residential project in Dubai. This development aims to redefine urban living with over 522 units, including apartments, duplexes, penthouses, and a Royal Palace. The project features more than 75,000 square feet of amenities, creating a self-sustained vertical community. Deyaar's CEO, Saeed Mohammed Al Qatami, emphasized the company's commitment to innovation, quality, and community-centric developments that prioritize sustainability. DWTN Residences is intended to enhance Dubai's skyline and provide lasting value to residents and investors, setting a new standard for luxury living in the city.