Deyaar

What Deyaar does

Deyaar Development PJSC is a Dubai-headquartered real estate developer founded in 2002 and listed on the Dubai Financial Market (ticker: DEYAAR), with majority ownership held by Dubai Islamic Bank (DIB). The company develops and sells residential, commercial, and hospitality real estate across the UAE, with a portfolio spanning luxury towers, mid-market apartments, and large master-planned communities. Over 20 million sq. ft. of developments have been delivered across 30+ completed projects, with 20,000+ units currently under management. Notable assets include Regalia (70-storey smart skyscraper in Business Bay), Mar Casa (52-floor seafront tower at Dubai Maritime City), Tria (32-storey tower at Dubai Silicon Oasis), and Midtown (24 buildings, 2,200+ units across 5.5 million sq. ft. in Dubai Production City). The company also operates AYA Beachfront Residences in Umm Al Quwain and RIVAGE on Abu Dhabi's Al Reem Island. Beyond development, Deyaar provides integrated property management, community management, facility management, and asset management services covering both owned and third-party portfolios. Technology differentiation centers on smart home integration in premium units (smartphone-compatible access, lighting control, IP intercoms) and sustainable building features (energy-efficient lighting, daylight integration, non-toxic materials), rather than proprietary AI systems. The go-to-market is sales-led through eight UAE branch offices covering all seven emirates, a broker portal for channel partners, and participation in major exhibitions such as Cityscape Global. Revenue is generated primarily through one-time property sales (off-plan and ready units) with recurring managed-services revenue from the property/community/facility/asset management vertical. Customer-acquisition tactics include flexible multi-year payment plans (up to 10 years with as low as 5% down payment) and DLD fee waivers, targeting four core segments: luxury residential buyers, family buyers in integrated communities, real estate investors, and mid-market buyers in emerging Dubai neighborhoods. Deyaar employs 2,200+ people and reported YTD Sep'25 revenue of AED 1,447 million (up 39.1% YoY) with profit after tax of AED 406.4 million (up 23.7% YoY).

Name

Deyaar

Legal name

Deyaar Development PJSC

Website

https://deyaar.ae

Company type

Public

Founded year

2002

Operating status

Operating

Headcount range

251–500 employees

Short description

Deyaar Development PJSC is a Dubai-based UAE real estate developer founded in 2002 and majority-owned by Dubai Islamic Bank. It develops luxury and mid-market residential, commercial, and hospitality properties across all seven UAE emirates and provides integrated property, community, facility, and asset management services.

Ownership category

akta.pro rank

Product category

Real Estate Development

NAICS

New Multifamily Housing Construction (except For-Sale Builders) (236116), Residential Property Managers (531311), Nonresidential Property Managers (531312)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Real Estate Agents & Managers (For Others) (6531), Operators Of Nonresidential Buildings (6512)

akta.pro primary industry

Real Estate Development Asset Management (Project/Construction-to-Stabilization) (BPAJAMAL)

akta.pro secondary industries

Multifamily Apartment Property Management (BPAJAFAA), Hospitality (Hotel) Property Management (BPAJAGAG)

Keywords

• Real estate development
• Property management
• Residential properties
• Commercial real estate
• Community management

Headquarters

HQ city

Dubai

HQ country

United Arab Emirates

HQ region

Middle East

Offices9 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Property Development and Sales: Deyaar generates primary revenue from developing and selling residential, commercial, and hospitality properties across Dubai and expanding into other UAE emirates. Revenue recognition includes sales from off-plan and ready properties.
2. Property Management Services: Comprehensive property management services for residential and commercial buildings including tenant management, maintenance, and facility services
3. Community Management: Management services for master-planned communities including retail boulevard operations, amenity maintenance, and community services
4. Facility Management: Professional facility management services for commercial and residential properties
5. Asset Management: Asset management services for owned and third-party properties
6. Hospitality Portfolio: Hospitality operations including Millennium Al Barsha Hotel and hotel apartments in Al Furjan projects

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

Deyaar develops residential, commercial, and hospitality real estate in the UAE and operates an integrated services platform covering property management, community management, facility management, and asset management for owned and third-party assets. The company sells off-plan and ready units to end-users and investors while earning recurring fees from managing delivered communities and buildings.

Product overview

Deyaar Development PJSC is a Dubai-based real estate developer offering a diversified portfolio of residential and hospitality properties. The company's product portfolio includes luxury residential towers and communities across Dubai and UAE, including flagship projects like Regalia (70-storey smart skyscraper in Business Bay), Mar Casa (52-floor seafront tower at Dubai Maritime City), Tria (32-storey tower in Dubai Silicon Oasis), and large-scale integrated communities like Midtown (24 buildings, 2000+ units in Dubai Production City). The company also provides ancillary services including Property Management, Community Management, Facility Management, and Asset Management. Additional projects include DWTN Residences, AYA Beachfront Residences, ParkFive, Eleve, RIVAGE (Abu Dhabi debut), Rosalia Residences, Amalia Residences, Talia, and completed projects like Bella Rose. Established in 2002, Deyaar is majority-owned by Dubai Islamic Bank and listed on the Dubai Financial Market.

Differentiator

Problem solved

Functional benefit

Products and services

• Residential property development

Quantifiable outcome

• 23.7% YoY increase in profit after tax (AED 406.4 million YTD Sep'25)
• +4 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Six partnerships are on record, tiered major, core and minor.

• Arady PropertiesmajorStrategic or Co-development Partner · 20 December 2023Agreement signed for new residential project in Abu Dhabi, marking Deyaar's expansion into the Abu Dhabi market with strategic local partner.
• Main Contractor for Tria ProjectcoreImplementation/ SI/ Consulting Partner · 7 March 2023Appointed main contractor for Tria luxury residential tower in Dubai Silicon Oasis. Total project cost of AED 515 million, 32-storey tower with 711 residential units scheduled for completion in 2025.
• Majid Al Futtaim (Carrefour)majorStrategic or Co-development Partner · 26 October 2022Carrefour Market confirmed as anchor retail tenant in Midtown community, occupying 9,000 sq. ft. of central retail space. Part of 65,000+ sq. ft. retail boulevard in the award-winning development.
• Millennium Hotels & ResortsminorStrategic or Co-development Partner · 8 November 2021Partnership for Millennium Talia Residences in Al Furjan, expanding hospitality portfolio with branded hotel apartments.
• Gulf Asia Contracting (RP Group)coreImplementation/ SI/ Consulting Partner · 20 September 2021Appointed as main contractor for construction of Regalia skyscraper in Business Bay. Project construction cost of AED 750 million, 70-storey luxury residential tower scheduled for completion in 2024.
• Dubai Silicon Oasis (DSO)majorStrategic or Co-development Partner · 17 June 2021Partnership for Tria project - first luxury residential tower in Dubai Silicon Oasis free zone technology park, member of Dubai Integrated Economic Zones Authority (DIEZ). DSO has 90,000+ population, 215 buildings, and 900+ retail establishments.

Scale indicators19 records

Recent moves7 records

Expansion highlights6 records

Market position

Strengths3 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/deyaarofficial
• YouTubeyoutube.com/user/deyaarofficial
• Facebookfacebook.com/DeyaarOfficial
• LinkedInlinkedin.com/company/deyaar-development-pjsc
• Instagraminstagram.com/deyaarofficial

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Deyaar