
Deyaar Development PJSC
Pressreleases, Reports and Disclosures for Deyaar Development PJSC
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.
Deyaar reported a profit after tax of AED 406.4 million for the year-to-date period ending in September 2025, marking a 23.7% increase compared to the same period in the previous year. The profit before tax rose by 22.1% to AED 425.7 million. Total revenue increased by 39.1% to AED 1,447 million. Earnings per share grew by 24.2% to 9.33 fils. Revenue from property development surged by 46.4% to AED 1,196 million, while revenue from other business segments increased by 12.2% to AED 251 million. Total assets grew by 12.3%, reaching AED 7,591 million.
Deyaar Development (P.J.S.C) has released its review report and unaudited interim condensed consolidated financial statements for the period ending on 30 September 2025.