Deyaar Development

Deyaar Development PJSC is one of Dubai’s leading listed real estate developers, founded in 2002 and publicly traded on the Dubai Financial Market (DFM). Majority-owned by Dubai Islamic Bank, Deyaar manages 20,000+ units across 30+ completed projects in Business Bay, Dubai Maritime City, Dubai Production City, Dubai Silicon Oasis, Al Furjan, and beyond. In 2025, the company posted AED 1.97 billion in revenue and AED 638 million in profit before tax.

Deyaar was founded in 2002 with an initial paid-up capital of AED 18.38 million. It completed its IPO on the Dubai Financial Market in May 2007, growing its share capital to AED 5.78 billion. The majority shareholder is Dubai Islamic Bank (DIB), which provides Deyaar with strong financial backing and institutional governance. The company is led by CEO Saeed Mohammed Al Qatami.

Deyaar is considered one of Dubai’s most reliable publicly listed developers. Its institutional backing (Dubai Islamic Bank majority owner), DFM listing, transparent financial reporting, and three consecutive years of dividend distributions signal strong governance and financial health. In 2025, revenue grew 30% to AED 1.97 billion and profit before tax rose 26% to AED 638 million. The company manages 20,000+ units, operates a full 360° property ecosystem, and has a track record of on-schedule delivery across 30+ completed projects.

Deyaar’s flagship projects include Downtown Residences (445m, 110+ floors, ultra-luxury, launching 2025), Regalia by Deyaar (AED 1B tower, Business Bay), Mar Casa (52-storey waterfront tower, Dubai Maritime City — 580 apartments), Midtown (5M sq. ft. master community, Dubai Production City), Tria (Dubai Silicon Oasis), Bella Rose (Dubai Science Park), DWTN Residences (Business Bay), Park Five (Dubai Production City), Eleve (Downtown Jebel Ali), and AYA Beachfront Residences (Umm Al Quwain — Top 100 Luxury Residences of the World).

Mar Casa is Deyaar’s signature ultra-luxury waterfront tower in Dubai Maritime City — a 52-storey building with 580 luxury apartments and penthouses, inspired by the fluid movement of ocean waves. Strategically located in Dubai Maritime City with direct marina access and panoramic sea views, Mar Casa represents Deyaar’s premium offering in the waterfront living segment. The project starts from AED 1.28 million and is scheduled for handover in Q4 2026.

Midtown is Deyaar’s flagship master-planned community in Dubai Production City — a nearly 5-million sq. ft. development spread across six districts with 24 mid-rise buildings. Designed for community living, Midtown integrates residential apartments, retail outlets, green spaces, fitness centres, and family-friendly amenities. It targets Dubai’s growing mid-market population seeking affordable quality living, and has established Deyaar as a capable master developer beyond the tower-development segment.

Downtown Residences is Deyaar’s most ambitious project to date — a 445-metre, 110+ floor ultra-luxury skyscraper launched in June 2025, set to become one of the UAE’s tallest residential buildings and a new architectural icon in the heart of Dubai. The tower features premium wellness amenities including air yoga zones and meditation pods, marking Deyaar’s strategic entry into the ultra-luxury high-rise segment. It signals a significant evolution from the company’s traditional mid-market community developments.

Deyaar reported its strongest financial results in company history for 2025: total revenue of AED 1.97 billion (+30% year-on-year), profit before tax of AED 637.9 million (+26%), and total assets of AED 8.03 billion (+17%). The board recommended dividends for the third consecutive year. Average daily manpower on site grew 73% to 4,579 workers — reflecting a major acceleration in project delivery activity — all achieved with zero Lost Time Injuries.

Deyaar offers flexible off-plan payment structures tailored to each project. Typical formats include 40/60, 50/50, and 48/52 plans with booking deposits of 10–15%. Milestone-based payment schedules are linked to construction progress. Investors purchasing properties valued at AED 2 million or above may qualify for the UAE Golden Visa. All Deyaar developments in designated Dubai freehold zones are available to foreign buyers.

Deyaar develops across Dubai’s most active residential and commercial corridors: Business Bay (Regalia, DWTN Residences), Dubai Maritime City (Mar Casa), Dubai Production City (Midtown, Park Five, Jannat, Elm, Ember), Dubai Silicon Oasis (Tria), Al Furjan (Millennium Talia, Amalia, Rosalia Residences), Al Barsha, DIFC, Jumeirah Lake Towers, and Downtown Jebel Ali (Eleve). Beyond Dubai, Deyaar launched AYA Beachfront Residences in Umm Al Quwain in 2025.

AYA Beachfront Residences (also referred to as AYA by Deyaar) is Deyaar’s debut project outside Dubai, launched in 2025 in Al Raudah, Umm Al Quwain. A luxury and wellness-focused coastal development on the Arabian Gulf, AYA features apartments, villas, and penthouses from AED 1.1 million with biodiversity-sensitive landscaping designed to protect local coastal habitats. The project was recognised among the Top 100 Luxury Residences of the World and signals Deyaar’s UAE-wide expansion strategy.

Deyaar, DAMAC, and Emaar occupy different tiers of Dubai’s market. Emaar is the city’s largest developer, known for Downtown Dubai, Dubai Hills, and master communities across all price points. DAMAC focuses on ultra-luxury branded residences with celebrity and fashion partnerships. Deyaar distinguishes itself through its publicly listed governance (DFM), Dubai Islamic Bank institutional backing, diversified 360° property ecosystem, and a portfolio spanning affordable community living (Midtown) to ultra-luxury towers (Downtown Residences). Deyaar’s 2025 revenue of AED 1.97B and strong dividends make it one of Dubai’s most investable listed developers.