Dubai Construction Companies

Deyaar Development PJSC

Property Development

Deyaar Development PJSC is a construction-related company operating in Dubai.

Key information
Services offered
Property Development
Year founded
2002

Deyaar is listed on the Dubai Financial Market and majority-owned by Dubai Islamic Bank.

It is among the top ten property developers in Dubai. 

On 1st May 2019 Deyaar Development reported AED18.3 million ($4.9 million) net profit for the first quarter, less than half the AED40 million posted in Q1 2018. Revenues of AED175.8 million were slightly down on the AED176.5 million reported in Q1 2017.

Deyaar’s revenues increased in 2017 to Dh751.6 million from Dh428.3 million in 2016.

Net profit was lower, at Dh130.4 million, compared to Dh216.1 million in 2016.

Two completed projects are due to be handed over in 2018, the $151.6m (AED 556.9m) Mont Rose with a built-up area of 79,990 square metres,and The Atria, a $331.6m (AED1.2bn) development with a built-up area of 130,064.

These two projects represent Deyaar’s entry into the UAE hospitality industry. The developer’s hospitality portfolio also includes the Deyaar Barsha Hotel project in Al Barsha.

Two residential districts, Afnan and Dania, in Midtown in Dubai’s International Media Production Zone (IMPZ) are expected to be delivered by the third quarter of 2019.

Deyaar Development PJSC In the news

Dubai developer Deyaar announces $416.6m losses
Arabian Business, 12th Feb 2020
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Deyaar Development PJSC Dubai Projects

Deyaar Development PJSC is associated with the following real estate projects in Dubai:

Afnan 1
Afnan District
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Afnan 2
Afnan District
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Afnan 3
Afnan District
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Afnan 4
Afnan District
fiber_manual_recordUnder Construction
Afnan 5
Afnan District
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Afnan 6
Afnan District
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Afnan 7
Afnan District
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Al Seef Tower
Dubai Marina
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Bella Rose
Dubai Science Park
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Central Park Towers
Dubai International Financial Centre
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Clayton Residency
Business Bay
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Coral Residence
Dubai Silicon Oasis
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Dania 1
Dania District
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Dania 2
Dania District
fiber_manual_recordUnder Construction
Dania 3
Dania District
fiber_manual_recordUnder Construction
Deyaar Maritime City Tower
Maritime City
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Fairview Residency
Business Bay
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Fifty One @ Business Bay
Business Bay
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Hamilton Residency
Business Bay
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Jade Residence
Dubai Silicon Oasis
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Mayfair Residency
Business Bay
fiber_manual_recordComplete
Millennium Al Barsha
Al Barsha
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Mont Rose
Dubai Science Park
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Oakwood Residency
Dubai Production City
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Oxford Tower
Business Bay
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Ruby Residence
Dubai Silicon Oasis
fiber_manual_recordComplete
Sapphire Residence
Dubai Silicon Oasis
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South Bay
Business Bay
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The Atria
Business Bay
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The Burlington
Business Bay
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The Citadel
Business Bay
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The Metropolis
Business Bay
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Windsor Manor
Business Bay
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