Dubai, October 2026: Deyaar Development PJSC (Deyaar), a DFM-listed integrated real estate company and one of Dubai’s leading developers, today announced its financial results for the nine-month period ending 30 September 2026, showcasing consistent growth driven by successful project delivery.
Steady Year-To-Date Results:
Net profit before tax rose 27% to AED 541.5 million for the nine months ended 30 September 2026, from AED 425.7 million in the same period last year. Momentum strengthened in the third quarter, with net profit before tax of AED 205.4 million, up 29% from AED 159.1 million in Q3 2025.
Total revenue reached AED 1,522.9 million, up 5% from AED 1,447.0 million in nine months 2025. With profit growth outpacing revenue, net profit before tax margin widened to 35.6% from 29.4% a year earlier, reflecting efficient execution and disciplined cost management.
Commenting on the results, Saeed Mohammed Al Qatami, CEO of Deyaar, said:
Deyaar’s performance in the first nine months of 2026 is built on delivery. Through a steady pace of handovers across our communities, we have turned the commitments we made to our customers into homes they now own, and converted our sales pipeline into realised value. These handovers reflect our strategic direction and the disciplined execution behind it, and they deepen the trust of the diverse investors and residents who choose Deyaar.
Dubai’s long- term fundamentals, anchored in the D33 Agenda and the Dubai 2040 Urban Master Plan, remain firmly intact, and our task is to convert them into sustainable value for our shareholders.
We enter the final quarter with clear visibility on our pipeline and the discipline to see it through. Our ambition is for Deyaar to enter 2027 not simply larger, but stronger: with maturing projects contributing at scale and a platform built to compound value across cycles.
Sustained handover momentum:
Deyaar continued to deliver on its commitments to owners during the year, with total units handed over since the start of 2026 exceeding 2,100 across a number of its residential communities in Dubai.
This performance reflects the Company’s ability to convert its sales portfolio into completed projects, supporting future revenue visibility and reinforcing customer and investor confidence.
Social responsibility:
Deyaar’s commitment to the communities it serves extends beyond the homes it builds. Through its partnership with Al Jalila Foundation, the Company supports the Foundation’s work in cancer care contributing to its mission of advancing healthcare in the UAE. In parallel, its partnership with Dubai Club for People of Determination advances the empowerment and inclusion of People of Determination, widening the opportunities available for them to participate fully in community life.
These partnerships form part of the social pillar of Deyaar’s Sustainability and reflect the Company’s view that community impact is integral to, rather than separate from, its long-term value creation. Deyaar’s community work was recognised earlier this year with the ESG Excellence and Outstanding Community Impact and Engagement awards at the MEA Business Achievements Awards.
Outlook:
Deyaar looks ahead with optimism to the remainder of 2026, confident in its ability to achieve the growth objectives it set for the year and to uphold its commitments to investors, partners and customers. The Company enters the final quarter with a steady financial position, a project pipeline progressing to plan, and a delivery track record that reinforces market confidence in its execution.
In the period ahead, the Company will focus on maintaining profitability and earnings quality, delivering handovers on schedule, and advancing construction across its active projects.
The Company’s priority remains balancing growth with financial discipline, enhancing sustainable shareholder value and reinforcing its position among the UAE’s leading real estate developers.
