Deyaar’s Latest Announcement Shakes Up the UAE Property Market

human inrest2 months ago

Dubai, UAE – May 20, 2025 — Deyaar Development PJSC, one of Dubai’s leading real estate developers, has made a major announcement that is already creating excitement across the UAE property market. The company revealed new expansion plans, project updates, and financial performance highlights that signal strong growth for the future.

This announcement is part of Deyaar’s ongoing commitment to shaping Dubai’s skyline and supporting the UAE’s vision for sustainable urban development. From residential to hospitality projects, Deyaar continues to play a key role in building modern communities in the region.

Major Expansion Plans for 2025 and Beyond

In a press conference held earlier this week, Deyaar revealed its strategic development roadmap for 2025–2027. One of the biggest highlights was the launch of a new residential project in Dubai’s Al Furjan area, expected to be valued at over AED 700 million.

The new development will feature a mix of premium apartments, retail spaces, and lifestyle amenities designed for modern urban living. The project is scheduled to break ground in the third quarter of 2025 and will be completed by the end of 2027.

“Deyaar is entering a new phase of growth,” said Saeed Mohammed Al Qatami, CEO of Deyaar. “With Dubai’s strong demand for quality housing and investment properties, we are focusing on delivering communities that offer long-term value.”

Financial Results Reflect Strong Market Performance

As part of the announcement, Deyaar also shared its financial results for Q1 2025, which showed a solid performance compared to the same period last year. The company reported:

Revenue increase of 18% year-on-year
Net profit of AED 75 million in Q1 2025, up from AED 60 million in Q1 2024
Higher occupancy rates in residential and commercial properties

The positive numbers are seen as a reflection of Dubai’s recovering property market and growing investor confidence in local developers like Deyaar.

Real estate experts believe Deyaar’s smart pricing strategies, project quality, and customer service have helped it stand out in a competitive market.

Focus on Sustainability and Smart Living

Deyaar also emphasized its commitment to sustainability and smart home technology in its future projects. The company is adopting green building materials, energy-efficient systems, and digital solutions to enhance customer experience and reduce environmental impact.

“Our goal is not just to build properties but to create intelligent, eco-friendly communities,” added Al Qatami. “We are aligning with Dubai’s 2040 Urban Master Plan and the UAE Net Zero 2050 vision.”

The upcoming Al Furjan project will include solar panels, smart home automation, electric vehicle charging stations, and green landscaping.

Progress on Ongoing Projects

In addition to new developments, Deyaar provided an update on its ongoing projects:

Regalia by Deyaar (in Business Bay): Over 85% sold, with handover expected in early 2026
Midtown by Deyaar (in Dubai Production City): Final phase now under construction
The Afnan and Dania Districts: Successfully handed over, with occupancy nearing 90%

These projects have attracted both local and international investors, especially those seeking stable rental yields and modern living spaces.

Deyaar’s strong project pipeline and on-time delivery have helped build trust among buyers and stakeholders.

Growing Interest from Foreign Investors

With the UAE relaxing visa rules and allowing 100% foreign ownership in many sectors, Dubai continues to attract real estate investors from around the world.

Deyaar has seen growing demand from investors based in:

India
China
Russia
United Kingdom
GCC countries

“Our projects offer the perfect combination of location, affordability, and lifestyle,” said the CEO. “Foreign buyers find value in our offerings and the stability of the Dubai property market.”

Digital Transformation and Customer Focus

Deyaar is also focusing on enhancing its digital platforms to offer better customer service. The company recently upgraded its mobile app and website to allow:

Online property booking
Virtual tours
24/7 customer support
Real-time project updates

This is part of the company’s “Customer First” initiative aimed at simplifying the property buying journey.

“Customers today want convenience, transparency, and trust,” explained Al Qatami. “We are using digital tools to improve every touchpoint.”

Strong Outlook for the Year Ahead

Industry analysts believe Deyaar’s latest announcement positions the company for a strong performance in the second half of 2025.

With Dubai preparing for more international events and growing interest in sustainable living, developers like Deyaar are expected to benefit from increased demand.

The company’s focus on delivering quality, its financial stability, and commitment to innovation make it a key player in shaping Dubai’s future urban landscape.

🏗️ Key Takeaways from the Deyaar Announcement:

New AED 700 million residential project in Al Furjan
18% year-on-year revenue growth in Q1 2025
Smart, eco-friendly features in upcoming developments
Growing international investor interest
Focus on customer experience and digital services

Final Thoughts

Deyaar’s announcement has brought new energy to Dubai’s real estate market. Whether you’re an investor, homeowner, or simply following the region’s property trends, this development is one to watch. With a strong pipeline, clear vision, and the trust of the market, Deyaar continues to make its mark as a leader in UAE real estate.

Stay tuned for more updates as the company moves forward with its exciting new projects.