Deyaar started its journey in January 2001 under Dubai Islamic Bank, focusing on property management. It became an independent company on January 6, 2001, with a capital of AED 18.38 million, and began operations on June 1, 2003. In May 2007, Deyaar went public and listed itself on the Dubai Financial Market. Over the years, Deyaar grew into one of Dubai’s top real estate developers. They offer a wide variety of properties, including homes, offices, and mixed-use spaces. You can find their developments in popular areas like Business Bay, Dubai Marina, Al Barsha, and the Dubai International Financial Centre. Deyaar focuses on three main areas: Property Development, Property and Facilities Management, and Hospitality Services. This broad approach allows them to provide complete real estate solutions. They work hard to meet the diverse needs of their clients, whether it’s investment, development, leasing, or management.
Deyaar has shown strong financial results in the last few years. In 2024, the company made a net profit of AED 505.4 million before taxes. This reflects a solid increase of 14.68% compared to AED 440.7 million in 2023.
The revenue reached AED 1.512 billion, which is a growth of 20.61% from the previous year. In addition, earnings per share increased from 10.07 fils in 2023 to 10.83 fils in 2024. As of February 2025, Deyaar's market value was AED 4.02 billion. This marks an impressive 29.62% rise from last year. These results show that Deyaar is doing well financially and continues to grow.
Deyaar mainly focuses on building in the United Arab Emirates, but its work has also gained attention around the world. Here are some of their standout projects: Regalia is a stunning luxury tower located in Business Bay, Dubai. It’s famous for its beautiful design. Bella Rose is a modern residential area in Dubai Science Park. It offers stylish living spaces for residents. Tria is a sleek residential tower in Dubai Silicon Oasis. It features contemporary designs and great amenities for comfortable living. Mar Casa is Deyaar's first luxury tower by the sea in Dubai Maritime City. This project has won several awards for its impressive design and innovation. Lastly, Amalia by Deyaar is a mid-rise tower in Al Furjan, Dubai. It has elegant apartments ranging from 1 to 3 bedrooms, making it a great choice for many.
Deyaar has earned several impressive awards for its commitment to quality and safety in the real estate market. In 2023, Deyaar won the Gold Award for the Safest Community of the Year at the IRECMS Dubai Awards. This recognition highlights their dedication to creating secure living spaces. Also in 2023, they received six awards at the Arabian Property Awards, including two five-star honors for their Mar Casa project, reflecting their excellence in property development. In 2019, Deyaar was honored with the Best in Technology and Innovation award in Facilities Management at the Construction Innovation Awards, underlining their focus on modern solutions. Their Midtown project was recognized as the Best Real Estate Project in the Affordable Housing category at the Gulf Real Estate Awards in 2018, demonstrating their commitment to making housing accessible. Finally, Forbes Middle East listed Deyaar among the Top 100 Real Estate Companies in the Arab World in 2016, highlighting its influence in the industry. These awards show Deyaar's dedication to excellence and innovation in real estate.
Deyaar is setting a new standard in real estate. They are using advanced technology and eco-friendly practices in their projects. Recently, they launched two new developments: Rosalia Residences in Al Furjan and ELEVE in Downtown Jebel Ali. Both projects focus on strategic locations and modern living experiences. In 2024, Deyaar reached an exciting milestone. For the first time, they announced dividend payments to shareholders. This shows that the company is doing well financially and cares about its investors.
