Dubai-based real estate developer Deyaar Development PJSC reported a 24% rise in net profit, reaching AED 406 million for the first nine months of 2025.
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Dubai-based real estate developer Deyaar Development PJSC reported a 24% rise in net profit, reaching AED 406 million for the first nine months of 2025.
Dubai-based real estate developer Deyaar Development PJSC reported a 24% rise in net profit, reaching AED 406 million for the first nine months of 2025. The increase was driven by stronger development revenue and continued demand in Dubai’s property sector.
The company attributed the solid performance to timely project completions, strategic launches, and sustained investor confidence. Deyaar’s revenue from property development saw a notable uptick, supported by sales across its residential and hospitality portfolios.
CEO Saeed Al Qatami highlighted that the company’s ongoing projects, such as Regalia Tower and Midtown, contributed significantly to growth. He emphasized Deyaar’s focus on expanding its asset management division and maintaining operational efficiency to sustain profitability in the coming quarters.
Dubai’s booming real estate market, driven by population growth, new business incentives, and high investor interest, continues to create a strong environment for developers like Deyaar. The firm also noted plans for future projects aligned with sustainability and smart-building goals.
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