Deyaar profit climbs 24% to Dh406 million on stronger development revenue

Strong sales lift revenue 39% to Dh1.45 billion, assets expand and pipeline builds

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Nivetha Dayanand, Assistant Business Editor
Deyaar's got itself a busy portfolio with recent launches in Abu Dhabi and Umm AL Quwain. And there's going to be another big one in Dubai soon, based on market buzz.
Deyaar's got itself a busy portfolio with recent launches in Abu Dhabi and Umm AL Quwain. And there's going to be another big one in Dubai soon, based on market buzz.
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Dubai: Deyaar posted a profit of Dh406.4 million for the first nine months of 2025, a year-on-year increase of nearly 24%, supported by stronger development activity and wider expansion across its portfolio. Profit before tax reached Dh425.7 million, up 22.1%.

Total revenue for the period rose 39.1% to Dh1.45 billion, led by property development income, which advanced 46.4% to Dh1.19 billion. Other business segments delivered Dh251 million, up 12.2% from the same period a year ago.

Earnings per share increased to 9.33 fils from 7.51 fils. Total assets stood at Dh7.59 billion, reflecting growth of 12.3% on continued investment in land and project development.

“These figures showcase our successful approach in developing communities that resonate with a diverse range of investors and residents, our robust revenue growth and strong profit margins are attributable to our strategic initiatives and disciplined execution,” said Saeed Mohammed Al Qatami, CEO of Deyaar. “This is evidenced by our recent developments, including Downtown Residences and the final phase of the Park Five community in Dubai, alongside AYA Beachfront Residences in Umm Al Quwain.”

The performance was supported by progress on several high-profile projects. Downtown Residences, a 445-metre tower scheduled for completion in the fourth quarter of 2030, marks the company’s entry into the ultra-luxury high-rise segment. The project spans more than 110 floors and is positioned as a new residential landmark in central Dubai.

The company also advanced the final phase of its Park Five development at Dubai Production City, with delivery targeted for the end of 2027. In Umm Al Quwain, the firm launched AYA Beachfront Residences, a luxury and wellness-focused project comprising 442 homes, recognised among the top 100 luxury residences globally.

Nivetha Dayanand
Nivetha DayanandAssistant Business Editor
Nivetha Dayanand is Assistant Business Editor at Gulf News, covering aviation, financial markets and commodities. A business and financial journalist with a strong interest in multimedia storytelling, she regularly takes complex financial and economic subjects beyond the written word, producing explainer videos that make them easier for a wider audience to understand. Nivetha has interviewed senior policymakers, business leaders and global financial figures both on and off camera. Her past guests include UAE Minister of Economy and Tourism Abdulla bin Touq Al Marri, Khaled bin Alwaleed Al Saud, a member of the House of Saud and the founder and CEO of KBW Ventures, Jihad Azour, Director of the Middle East and Central Asia Department at the International Monetary Fund and Indian ministers Hardeep Singh Puri and N. Chandrababu Naidu. She has also hosted and moderated panels, conferences and awards shows, bringing her newsroom experience to live conversations on business, finance and the economy. An Erasmus Mundus journalism alum, Nivetha is drawn to stories that affect people directly and to reporting that gives a platform to voices that might otherwise go unheard. She was among the first journalists to speak to Petrofac employees in the UAE about unpaid salaries, broke the news of the planned demolition of Dubai’s well-known “Toyota Building”, and helped set the record straight on widely circulated claims that a giant replica of the Moon was coming to Dubai. More recently, her exclusive interview with EDGE Group CEO Hamad Al Marar revealed how the UAE-based defence group deployed its systems along the country’s shore border and established a geofence around the UAE within 48 hours of the February 28 escalation. Prior to joining Gulf News, Nivetha worked at ITP Media, where she helped launch Finance Middle East, a new publication covering the region’s financial sector. Her role spanned reporting and editing, video production, interviews and events. Across print, digital, and video, she focuses on finding the people behind business stories and explaining why those stories matter to the audience reading or watching them.
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