Deyaar Achieves AED 266.6 Million Net Profit Before Tax in H1 2025, Marking 31.6% Year-on-Year Surge

Real Estate

Deyaar Achieves AED 266.6 Million Net Profit Before Tax in H1 2025, Marking 31.6% Year-on-Year Surge

Deyaar Development PJSC, one of Dubai’s leading real estate developers, has announced strong financial results for the first half of 2025, with a net profit before tax of AED 266.6 million, marking a 31.6% increase from AED 202.6 million during the same period in 2024. The company’s total revenue rose by 39.2% year-on-year, reaching AED 925.4 million, driven by robust market demand, strategic project launches, and operational efficiency.

Key Financial Highlights (H1 2025):

Total revenue: AED 925.4 million (H1 2024: AED 664.4 million)
Net profit before tax: AED 266.6 million (H1 2024: AED 202.6 million)
Total assets: Increased by 7.5% to AED 7,342.8 million (H1 2024: AED 6,832.9 million)
Earnings per share: Rose 33.1% to 5.74 fils (H1 2024: 4.31 fils)

In Q2 2025 alone, net profit before tax stood at AED 146.8 million, up from AED 125.1 million in Q2 2024. Revenue from non-core business segments also saw a 6.3% rise to AED 170 million, up from AED 159.1 million in H1 2024.

The company’s robust financial performance comes amid successful project launches, including the AYA Beachfront Residences in Umm Al Quwain and the ambitious Downtown Residences in Dubai, one of the UAE’s tallest vertical residential communities at 445 meters. These ventures are aligned with Deyaar’s strategy to tap into high-growth areas across the UAE and deliver premium offerings to investors and end-users.

Commenting on the results, Saeed Mohammed Al Qatami, CEO of Deyaar Development, said:

“We have achieved strong results during the first half of the year and successfully launched remarkable projects. Additionally, we have capitalized on emerging opportunities across the UAE. We have expanded Deyaar's strategic investments in high-potential locations, yielding significant returns and delivering exceptional value to our stakeholders.”

Al Qatami added that the company's growth strategy is anchored in long-term investor trust, operational excellence, and efficient execution. Deyaar is poised to deliver five major projects in the second half of 2025, encompassing approximately 2,000 residential units, which are expected to further strengthen the company’s liquidity and revenue base.

With a forward-looking approach and strong investor sentiment, Deyaar remains optimistic about H2 2025, with a strong project pipeline and an operational model geared toward rapid execution and efficiency.

The company's outlook is further supported by the UAE’s resilient economy, pro-growth government policies, and continued interest from global investors, all of which reinforce Deyaar’s standing as a key player in the country’s real estate sector.