Deyaar Development PJSC (DEYAAR)

UAE – Mubasher: Dubai Land Department (DLD) has signed a partnership agreement with nine developers to bolster the Dubai Real Estate Programme. The agreement was signed with Emaar Properties, Expo Dubai, Deyaar, DAMAC Properties, Azizi …

Dubai – Mubasher: The board members of Deyaar Development approved cash dividend distribution for the first time in the company's history, according to a press release. The board recommended distributing 4% of the share capital as dividend, which …

Dubai – Mubasher: Deyaar Development posted 206% year-on-year (YoY) higher net profits at AED 440.71 million in 2023, compared to AED 144.23 million. Earnings per share (EPS) hit fils 10.07 last year, up from fils 3.30 in 2022, according to the …

Dubai – Mubasher: Deyaar Development has launched Rosalia Residences, its third project in Dubai’s Al Furjan community out of a total project portfolio worth AED 300 million. The tower of apartments will further enhance the standard of living …

Dubai – Mubasher: Deyaar Development and Arady Properties signed a memorandum of understanding (MoU) to establish a joint development project at Al Reem Island in Abu Dhabi. Through the agreement, the two entities plan to explore how the project …

Dubai – Mubasher: Deyaar Development recorded an annual leap of 77% in net profit to AED 118.47 million during the first half (H1) of 2023, compared to AED 66.90 million. Revenues hiked by 70% to AED 628.93 million in H1-23 from AED 369.42 million …

Dubai – Mubasher: Deyaar Development, a leading real estate service provider in the UAE, has started construction works with a total cost of nearly AED 300 million on Millennium Talia Residences, Amalia Residences, and a third plot that will be …

Dubai – Mubasher: The net profits of Deyaar Development reached AED 56.35 million in the first quarter (Q1) of 2023, compared to AED 25.06 million in Q1-22. Revenues hiked to AED 312.53 million in Q1-23 from AED 161.89 million as of 31 March 2022, …

Dubai – Mubasher: Deyaar Development generated net profits worth AED 144.23 million in 2022, an annual leap of 183.90% from AED 50.80 million. Revenues totalled AED 803.40 million in 2022, higher by 61.70% year-on-year (YoY) than AED 496.95 …

Dubai – Mubasher: Deyaar Development intends to launch three new projects in Al Furjan at an estimated value of AED 300 million, according to a press release. The real estate plans will contain residential units and hotel apartments, including …

Dubai – Mubasher: Deyaar Development posted a hike in net profit to AED 103.25 million during the first nine months (9M) of 2022, compared to AED 30.80 million in 9M-21. Revenues enlarged to AED 577.15 million in January-September 2022, versus AED …

Dubai – Mubasher: Deyaar Development has achieved net profits worth AED 66.90 million in the first half (H1) of 2022, an annual hike of 196% from AED 22.60 million. The company’s revenues stood at AED 369.42 million in the first six months (6M) of …

Dubai – Mubasher: Deyaar Development reported a 67% year-on-year (YoY) surge in its net profits to AED 25.06 million in the first quarter (Q1) of 2022 from AED 15.05 million, according to the company's unaudited consolidated financials for the …

Dubai – Mubasher: The ordinary general meeting (OGM) of Deyaar Development has approved a decrease in the issued share capital to AED 4.37 billion from AED 5.77 billion. The company will reduce its capital by partially writing off the accumulated …

Dubai – Mubasher: The board of Deyaar Development has recommended a cut of the issued capital to AED 4.37 billion from AED 5.77 billion. The capital will be distributed over 4.37 billion shares at AED 1 per share, according to a bourse filing on …

Dubai – Mubasher: The net profits of Deyaar Development hiked by 135% to AED 30.8 million during the first nine months of 2021 from AED 13.057 million in the same period of 2020, according to the company's interim financials for the nine-month …

UAE - Mubasher: Deyaar Development has appointed Gulf Asia Contracting, the construction vertical of RP Group, as a contractor to develop an AED 750 million skyscraper, Regalia, in Business Bay. Set to be completed in 2024, the 70-storey luxury …

Dubai – Mubasher: Deyaar Development has launched AED 1 billion Regalia, a skyscraper in Business Bay providing smart and high-end urban lifestyle services. To be Deyaar’s tallest tower, the 70-storey residential building will include smart …

Dubai – Mubasher: The total value of the settlement offer made by Limitless to Deyaar Development has amounted to AED 500 million, including cash and land, according to a press release on Sunday. During its meeting held on 1 June 2021, the …

Dubai – Mubasher: The board of Deyaar Development has approved the proposal submitted by Limitless, including offering land plots and cash, to settle the legal execution proceedings filed by Deyaar against the company. The company's board has …

Dubai – Mubasher: Deyaar Development has incurred accumulated losses of AED 1.733 billion, representing 30% of the capital, as of the first quarter (Q1) of 2021. The accumulated losses are driven by the provisions for impairment of assets due to …

Dubai – Mubasher: The net profits of Deyaar Development jumped to AED 15.1 million during the first three months of 2021, compared to AED 2.6 million in the year-ago period, according to the company's preliminary financial results. The company …

Dubai – Mubasher: The board of Deyaar Development has recommended to the shareholders not to proceed with the capital reduction during the upcoming ordinary general meeting (OGM). This proposal was made after the board had reviewed and approved …

Dubai – Mubasher: Deyaar Development has logged net losses attributable to the owners of AED 216.923 million in 2020, against net profits of AED 71.537 million in 2019. The company's revenues decreased to AED 412.859 million in 2020 from …

Dubai – Mubasher: Deyaar Development has begun handing over the Bella Rose residential project, the company's second project in Dubai Science Park. The project has 478 apartments and 12 retail spaces to serve the residents and the surrounding …