Deyaar Developments is one of the top real estate companies in Dubai. Established in 2002, Deyaar has grown exponentially over the past two decades, with more than 30 completed projects and over 20,000 units in management. The company is dedicated to shaping Dubai’s urban real estate landscape and has a reputation for delivering high-quality properties that meet the needs of its clients.
Some key points to note about Deyaar Developments include:
- Years of experience: Deyaar has been in the real estate business for nearly two decades, giving it a wealth of knowledge and expertise and making it among Dubai’s top real estate developers.
- Range of projects: The company has completed over 30 projects across various sectors, including residential, commercial, and hospitality.
- Commitment to quality: Deyaar commits to delivering high-quality properties that meet the needs of its clients and align with Dubai’s excellent vision.
Whether you’re looking to invest in real estate or find your dream home in Dubai, Deyaar Developments is a company worth considering. With a team of more than 2,200 employees and a track record of success, Deyaar will continue shaping Dubai’s urban landscape for years to come.
Corporate Overview
DEYAAR Developments is a real estate development company in Dubai, UAE. It was founded in 2001 and is listed on the Dubai Financial Market. The company provides property development, property management, facilities management, community management, hospitality, leasing, and real estate services.
History of DEYAAR
DEYAAR Developments was established in 2001 as a subsidiary of Dubai Islamic Bank. In 2007, the company became a public joint-stock company and was listed on the Dubai Financial Market. Since then, DEYAAR has been actively developing UAE residential, commercial, and hospitality projects.
Leadership: Saeed Mohammed Al Qatami
Saeed Mohammed Al Qatami is the Chairman of DEYAAR Developments. He has been associated with the company since its inception and has been instrumental in its growth. Al Qatami is a well-respected figure in the real estate industry in Dubai and has been recognized for his contributions to the sector.
Some key points to note about DEYAAR Developments and its leadership include:
- DEYAAR is a leading real estate development company in Dubai with a strong track record of delivering high-quality projects.
- The company has a diverse portfolio of projects, including residential, commercial, and hospitality properties.
- DEYAAR commits to sustainable development and has implemented several initiatives to reduce its environmental footprint.
- Saeed Mohammed Al Qatami is a reputable figure in the real estate industry in Dubai.
- Under Al Qatami’s leadership, DEYAAR has grown significantly and become one of the UAE’s most successful real estate companies.
Overall, DEYAAR Developments is a well-established and respected player in the UAE real estate market, with a strong track record of delivering high-quality projects. The company’s commitment to sustainable development and its strong leadership under Saeed Mohammed Al Qatami make it a promising investment opportunity for those interested in the real estate sector in Dubai.
Financial Performance
Net Profit and Revenue Trends
Deyaar Developments has been performing well financially, steadily increasing net profits and revenues. According to the financial statements for the year ended 31 December 2021, the company reported a net profit of AED 118.47 million, a significant increase from the previous year’s net profit of AED 56.4 million. The company’s total revenues for the period were reported to be AED 628.93 million, a substantial increase from the previous year’s total revenues of AED 407.8 million.
Investor Relations
Deyaar Developments has a strong investor relations program that provides reliable and updated documents for stakeholders and investors. The company’s debt-to-equity ratio (borrowings) was reported to be 16% for the six months ending 30 June 2023. The company has also been working closely with Dubai Islamic Bank, one of its key financial partners, to develop innovative and sustainable financing solutions for its projects.
- Deyaar reported a net profit of AED 118.47 million for the year ended 31 December 2021
- The company’s total revenues for the period were AED 628.93 million
- Deyaar’s debt to equity ratio (borrowings) was 16% for the six months ended 30 June 2023
- The company has worked closely with Dubai Islamic Bank to develop innovative project financing solutions.
Key Developments and Projects
Deyaar Developments has been a prominent player in Dubai’s real estate industry since its inception in 2002. Over the years, the company has established itself as a reliable and innovative developer with a diverse portfolio of projects. Here are some of the key developments and projects by Deyaar:
Midtown and Its Significance
- Midtown is one of Deyaar’s flagship projects, and it is in Dubai Production City. The mixed-use development comprises residential, commercial, and retail spaces spread across 5.5 million square feet. Midtown offers a range of apartments, townhouses, and duplexes with contemporary designs and world-class amenities.
- The project is sustainable and earned the LEED Gold certification. Midtown has also won several awards for its innovative design and construction, including the Best Mixed-Use Development award at the Arabian Property Awards.
- Midtown is strategically in the heart of Dubai, with easy access to major highways and transportation networks. It is also close to landmarks such as Dubai Miracle Garden, Dubai Autodrome, and Global Village.
Expansion into Al Furjan and Business Bay
- Deyaar has expanded its presence in Dubai by launching several new projects in Al Furjan and Business Bay. Al Furjan is a rapidly developing residential community south of Dubai, while Business Bay is a bustling commercial hub in the city’s heart.
- In Al Furjan, Deyaar is developing a project combining three plots with a total value of AED 300 million. The project is set for completion in 2025 and will offer a range of residential units with modern amenities and facilities.
- In Business Bay, Deyaar is developing a mixed-use project comprising residential and commercial spaces. The project is strategically near the Dubai Water Canal and offers stunning views of the city skyline.
Emerging Projects: Tria and Rosalia Residences
- Deyaar has recently launched two new projects in Dubai: Tria and Rosalia Residences. Tria is a residential project located near the Dubai Mall in the heart of Dubai. It offers a range of apartments with modern designs and amenities, including a swimming pool, gym, and landscaped gardens.
- On the other hand, Rosalia Residences is located in the vibrant community of Jumeirah Village Circle. The project offers a range of apartments with contemporary designs and high-end finishes. It also provides a range of amenities such as a swimming pool, gym, and children’s play area.
- Tria and Rosalia Residences will be completed by 2023 and offer attractive investment opportunities for buyers and investors alike.
In conclusion, Deyaar Developments has established itself as a reliable and innovative developer in Dubai, with a diverse portfolio of projects. The company’s focus on sustainability, innovation, and customer satisfaction has helped it stand out in a highly competitive market.
Strategic Locations
DEYAAR Developments is a leading real estate developer in Dubai who has built a reputation for developing high-quality projects in strategic locations across the city. The company’s commitment to selecting the right location for its projects is evident in the success of its developments, which have become landmarks in Dubai’s skyline.
Dubai Silicon Oasis and Dubai Maritime City
DEYAAR Developments has a strong presence in Dubai Silicon Oasis and Dubai Maritime City, two of Dubai’s most sought-after locations. Dubai Silicon Oasis is a technology park home to some of the world’s leading technology companies, while Dubai Maritime City is a hub for maritime businesses. DEYAAR’s developments in these locations offer residents and businesses easy access to cutting-edge technology, world-class amenities, and a vibrant community.
Connectivity: Major Highways and Airports
DEYAAR Developments’ projects are located near major highways and airports, making them easily accessible to residents and businesses. The company’s developments are located near major highways such as Sheikh Zayed Road, Emirates Road, and Al Khail Road, which provide easy access to other parts of Dubai and the UAE. Additionally, DEYAAR’s developments are located near major airports such as Dubai International Airport and Al Maktoum International Airport, making them ideal for international travelers.
- Sheikh Zayed Road, Emirates Road, and Al Khail Road provide easy access to other parts of Dubai and the UAE.
- DEYAAR’s developments are located near major airports such as Dubai International Airport and Al Maktoum International Airport, making them ideal for international travelers
DEYAAR Developments’ commitment to selecting the right location for its projects has made it one of Dubai’s most successful real estate developers. Its projects offer residents and businesses easy access to world-class amenities, cutting-edge technology, and a vibrant community.
Amenities and Lifestyle
DEYAAR Developments is famous for offering residents an exceptional lifestyle experience in Dubai, complete with exclusive amenities and residential comforts. Here are some of the amenities that residents can expect when they choose to live in a DEYAAR community:
Exclusive Amenities in DEYAAR Communities
- Swimming Pool: DEYAAR communities feature luxurious swimming pools that provide residents with a refreshing escape from the heat of Dubai. These pools offer a serene environment, perfect for relaxation after a long day.
- Gym: DEYAAR communities also offer state-of-the-art fitness centers that cater to the needs of fitness enthusiasts. These gyms have the latest equipment and provide various exercise options, from cardio to strength training.
- Community Parks: DEYAAR communities offer residents a healthy and active lifestyle, so they feature community parks. These parks provide residents ample space to jog, cycle, or enjoy the outdoors.
Residential Comforts: Parks and Recreation
- Open Lawns: DEYAAR communities also feature open lawns perfect for picnics, barbeques, or simply lounging with friends and family. These lawns are beautifully landscaped and offer a serene environment for residents to relax and unwind.
- Residential Towers: DEYAAR communities feature residential towers that offer residents the ultimate luxury of living. These towers provide spacious apartments that enjoy modern amenities and high-end finishes.
Overall, DEYAAR Developments commits to providing residents with an exceptional lifestyle experience in Dubai. From exclusive amenities to residential comforts, DEYAAR communities cater to the needs of modern-day residents who seek the very best in luxury living.
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Frequently Asked Questions
What are the latest projects Deyaar has launched?
Deyaar Developments has recently launched several new projects in Dubai, including:
- Midtown Dania, a residential development in Dubai Production City
- Bella Rose, a luxurious residential project in Dubai Science Park
- Regalia, a premium residential tower in Business Bay
- The Atria, a mixed-use development in Business Bay
How can one apply for a job at Deyaar Developments?
Those interested in applying for a job at Deyaar Developments can visit the company’s official website and navigate to the “Careers” section. From there, they can browse job openings and submit their applications online.
What key characteristics distinguish Deyaar Developments in the Dubai real estate market?
Deyaar Developments is famous for several key characteristics that set it apart from other real estate developers in Dubai, including:
- A commitment to sustainability and environmental responsibility
- A focus on delivering high-quality, luxurious properties that meet the needs of modern buyers
- A strong track record of successful projects in Dubai and the wider UAE
- A suite of management services that help property owners manage their assets effectively
How can potential investors contact Deyaar Developments for inquiries?
Potential investors can contact Deyaar Developments through a variety of channels, including:
- The company’s official website, which includes a contact form for inquiries
- Phone or email contact with Deyaar’s sales team
- In-person consultation at one of Deyaar’s sales centers in Dubai
What has been the impact of Deyaar Developments on the Dubai property sector?
Deyaar Developments has significantly impacted the Dubai property sector, contributing to the city’s rapid growth and development over the past two decades. The company has been in several high-profile projects that have shaped the city’s skyline and attracted investment worldwide.
How does Deyaar ensure the quality and sustainability of its developments?
Deyaar Developments commits to ensuring the quality and sustainability of its developments through a variety of measures, including:
- The use of high-quality, environmentally friendly materials and construction techniques
- Collaboration with leading architects and designers to create innovative, sustainable buildings
- Rigorous quality control and testing processes to ensure that all properties meet the highest standards of quality and safety
- Ongoing maintenance and upkeep of all properties to ensure their longevity and sustainability over time.
