Deyaar Development PJSC, one of Dubai’s leading real estate developers, has reported a strong performance for the first half of 2025, posting a net profit before tax of AED 266.6 million (approx. $72.58 million) — a 31.6% year-on-year increase.
This impressive financial result is driven by a surge in investor confidence, growing demand in Dubai’s real estate sector, and the company’s agile, well-executed strategy.
Revenue Growth and Project Momentum
Revenue for the first six months soared 39.2% year-on-year, reaching AED 925.4 million, up from AED 664.4 million in H1 2024. Deyaar’s second-quarter profit also climbed, hitting AED 146.8 million compared to AED 125.1 million in Q2 2024.
Earnings per share (EPS) rose 33.1% to 5.74 fils in H1 2025, from 4.31 fils in the same period last year. Revenue from other business segments also improved, rising 6.3% to AED 170 million.
CEO: “Well-Positioned for Continued Success”
Saeed Mohammed Al Qatami, CEO of Deyaar, expressed confidence in the company’s future:
“We’ve delivered remarkable results in H1 2025 and expanded our presence in strategic locations. With a focused vision and disciplined execution, we aim to create sustained value for our stakeholders. We remain optimistic about H2, with a strong pipeline set to drive further financial growth.”
Strategic Projects Underway
Deyaar has made bold moves in 2025, launching key developments such as AYA Beachfront Residences in Umm Al Quwain — marking its first foray into the northern emirates — and Downtown Residences, one of the tallest upcoming residential towers in Dubai.
The company is preparing for the handover of five major projects in the second half of 2025, totaling around 2,000 units. These handovers are expected to generate strong liquidity inflows and further bolster Deyaar’s financial position.
Outlook: Expansion and Investor Confidence
Looking ahead, Deyaar is focused on capitalizing on sustained end-user demand and growing global investor interest. The company’s robust development pipeline and ongoing diversification into high-potential areas are set to support long-term profitability.
