Deyaar Development Dubai

Deyaar Development PJSC, established in 2002, has significantly influenced Dubai's real estate landscape with a diverse portfolio encompassing luxury apartments, commercial real estate, and urban developments. Their commitment to excellence and customer satisfaction is evident in their high-end properties across prime locations in Dubai.

Popular Communities by Deyaar Development

1. Business Bay Community

Deyaar has a substantial presence in Business Bay, a vibrant district near Downtown Dubai and the Dubai Canal. Their developments here are synonymous with luxury and strategic location.

• Projects: The Atria, a dual-tower development offering luxury living and hotel-serviced suites.
• Features: High-end finishes, state-of-the-art gymnasiums, and panoramic views of the canal and Burj Khalifa.

1. Al Barsha South

A thriving residential district developed by Deyaar, Al Barsha South offers a range of apartments from mid to luxury segments, with convenient access to shopping malls, schools, and healthcare facilities.

• Key Projects: Montrose Residences, comprising three towers with residential apartments, serviced apartments, and hotel apartments.
• Lifestyle: Family-friendly environment with parks and entertainment venues nearby, blending urban living with a suburban feel.

1. Dubai Silicon Oasis

Home to Deyaar’s tech-centric residential and commercial projects, Dubai Silicon Oasis offers affordable living with easy access to tech parks, schools, and business hubs.

• Projects: Silicon Park and The Square.
• Features: Modern amenities catering to tech-savvy residents.

Iconic World-Class Projects by Deyaar Development

The Atria (Business Bay)

Designed by Yoo Studio, The Atria is a two-tower luxury residential development featuring serviced apartments with contemporary architecture and stylish interiors.

• Amenities: Rooftop infinity pool, spa facilities, and stunning views of the Dubai Canal and Burj Khalifa.

Montrose Residences (Al Barsha South)

A cluster of three towers comprising residential apartments, serviced apartments, and a hotel, Montrose Residences is ideal for families or professionals seeking luxury in a tranquil area of Dubai.

• Key Features: Rooftop gardens, children’s play areas, and proximity to hospitals and shopping malls.

Midtown (Dubai Production City)

Midtown is a large-scale, mixed-use development spanning several million square feet, offering high-quality yet affordable apartments, along with amenities such as parks, retail and dining options, and schools.

• Key Features: Several residential clusters, over 30,000 sq. ft. of retail space, and expansive landscaped parks.

Latest Off-Plan Projects by Deyaar Development

Deyaar continues to expand its portfolio with new off-plan projects, providing investors early access to attractive price points and flexible payment plans. Notable ongoing developments include:

Park Five (Dubai Production City)

Launched in November 2024, Park Five is a luxury residential community valued at AED 1.5 billion, focusing on wellness-centric living and community engagement.

• Features: Two towers, Elm and Ember, offering studios, and one to three-bedroom apartments with modern layouts and high-quality finishes.
• Amenities: Yoga lawns, outdoor co-working spaces, fitness centers, infinity-edge pools, and dedicated children’s play areas.
• Sustainability: Incorporates energy-efficient systems and maximizes natural light, aligning with Dubai's vision for sustainable urban spaces.
• Pricing: Launch prices start from AED 888,000 for a one-bedroom apartment.

Mar Casa (Dubai Maritime City)

Mar Casa is a waterfront residential tower exuding luxury, offering a range of apartments and penthouses with state-of-the-art architecture.

• Features: Smart home systems, panoramic windows, and premium-class amenities.
• Amenities: Fitness room, spa center, library, and swimming pool.
• Completion Date: Expected in the fourth quarter of 2026.
• Pricing: Two-bedroom apartments starting from AED 1,921,344.

Tria (Dubai Silicon Oasis)

Tria is a modern residential development offering a range of apartments designed for contemporary living.

• Features: Smart home technology, sustainable design, and high-quality finishes.
• Amenities: Fitness center, swimming pool, and recreational areas.
• Completion Date: Expected in the second quarter of 2025.
• Pricing: One-bedroom apartments starting from AED 814,055.

Financial Performance and Market Position

Deyaar has demonstrated robust financial growth, reflecting its strategic initiatives and successful project executions.

• Profit Growth: For the nine-month period ending September 30, 2024, Deyaar reported a profit of AED 348.8 million, marking a significant 47% year-over-year growth from AED 237.5 million in the same period in 2023.
• Revenue Increase: The company's revenue for the same period reached AED 1,040.5 million, an 11% increase compared to AED 939.8 million in 2023.
• Earnings Per Share: Earnings per share rose to 7.51 fils, a 38% increase from 5.43 fils in the same period in 2023.