Deyaar Insights: Where Opportunities Begin

Deyaar Makes Abu Dhabi Debut with RIVAGE, a Stunning Resort-style Waterfront Residence on Al Reem Island

Deyaar has launched RIVAGE—its first residential project on the prestigious Al Reem Island in Abu Dhabi emirate. The launch marks a key milestone in the strategic partnership between Deyaar and Arady Properties PSC.

The development offers the perfect blend of luxury living, breathtaking views, and world-class amenities while integrating sustainability within a master peace architectural design.

RIVAGE offers a range of residential options, providing flexibility for both investors and families, featuring 1, 2, and 3-bedroom luxury residences, opulent duplexes, a bespoke Sky Villas and the celestial Sky Palaces.

RIVAGE presents a prime investment opportunity, supported by Deyaar’s reputation and its strategic location being minutes away from Zayed International Airport and close to universities, malls, schools, healthcare facilities, parks, beaches, restaurants, hotels, and prayer facilities.

Deyaar posts AED 348.8 million profit (Before Tax) for YTD Sep’24, up 47% YOY

Deyaar Development PJSC ("Deyaar"), one of the leading real estate developers and service providers in Dubai, United Arab Emirates (UAE), has reported an increase in its profit for the nine-month period ending September 30, 2024, amounting to AED 348.8 million, a significant 47% YOY growth from AED 237.5 million in YTD Sep’23. The announcement was made today in Deyaar’s filing to the Dubai Financial Market (DFM), where its shares are traded.

Whereas earnings per share reached 7.51 fills in YTD Sep’ 2024, a 38% YOY increase from 5.43 fils in the same period in 2023.

Fuelled by the progress on number of projects, the company’s revenue for the period YTD Sept’24 increased by 11% YOY, reaching AED 1,040.5 million, compared to AED 939.8 million for the same period in 2023.

In addition, revenue for Q3 2024 reached AED 376.1 million up 21% YOY from AED 310.9 million in Q3 2023. Moreover, company’s profit for the Q3 2024 reached AED 146.2 million, a 23% YOY increase compared AED 119 million in Q3 2023. Also, for Q3 2024 earnings per share recorded 18% YOY increase to 3.20 fils, up from 2.72 fils in Q3 2023.

“Our success is attributed to the talented team at Deyaar and our customer-centric model that not only ensures the delivery of high-quality projects but also provides exceptional service to our valued customers throughout the entire process—from pre-purchase to post-handover. As the country is poised for further development, we remain committed to supporting this positive progress with high-quality projects and expansions, backed by top-class service that meets the expectations of our customers and stakeholders.”

Constructions Journey: Latest updates

Regalia

Regalia By Deyaar is a luxury residential tower featuring a B+G+M+5P+69F+R configuration, strategically located in the Business Bay area.

Currently, structural works are in advanced stages, with the final floors being cast. In parallel, various activities such as MEP, Aluminium, and Finishes are progressing. Infrastructure developments, including permanent utility connections, are on track, with the chilled water connection completed and DEWA cable laying ongoing. All subcontract packages have been awarded, encompassing Joinery, Interior Design, Steel Structure, and Fa?ade Lighting, ensuring that all trades are well underway.

Regalia aims to redefine luxury living in Business Bay, offering exquisite residential units and top-tier amenities. Stay tuned for more updates on this landmark project! ????????????

Tria

TRIA By Deyaar is an iconic residential tower with a G+3P+28F+RF configuration located in Dubai Silicon Oasis.

The project has seen significant progress, with enabling works and podium casting successfully completed. Structural works for the tower are well underway, with over 60% of the structure completed. Additional activities, including MEP, Aluminium, and Finishes, are also advancing on site. Key subcontract packages for MEP and Aluminium have been awarded and are progressing smoothly.

TRIA By Deyaar is set to become a distinctive addition to Dubai Silicon Oasis, offering luxurious residential units and modern amenities. Stay tuned for more updates on this exciting project.

MAR CASA

MAR CASA is a luxury residential development consisting of LG + G + M + 4P + Amenities + 46F + LR + UR buildings situated in Dubai Maritime City.

Currently, main works package is well underway with raft casting is in progress, and key subcontractors, including MEP and post-tension structural specialists, have been appointed, marking a significant step forward in the project's development.

MAR CASA is poised to redefine luxury living in Dubai Maritime City, offering impeccable residential units and top-notch amenities. Stay tuned for more updates on this prestigious project!?

AMALIA RESIDENCES

AMALIA RESIDENCES is a B+G+7F residential building located in Al Furjan

The project is progressing well, having fully completed structural works, while masonry works are currently at advanced stages. Other activities, including MEP and finishes, are also underway. Key subcontractors have been appointed for MEP and Aluminium.

AMALIA RESIDENCES aims to provide luxurious living spaces in Al Furjan, offering residents modern amenities and high-quality finishes. Stay tuned for more updates on this exciting project

MILLENNIUM TALIA RESIDENCES

MILLENNIUM TALIA RESIDENCES is a B+G+7F hotel apartment building featuring fully furnished units, located in Al Furjan.

The project has seen the completion of structural works, with masonry works currently progressing. Other activities, including MEP and finishes, are also in motion. Key subcontractors for MEP and Aluminium have been appointed, and furniture procurement has commenced as planned.

MILLENNIUM TALIA RESIDENCES is set to offer luxurious, fully furnished hotel apartments in Al Furjan, providing modern amenities and high-quality living spaces. Stay tuned for more updates on this prestigious project!

JANNAT MIDTOWN

JANNAT MIDTOWN consists of G+P+13 &18F connected residential buildings in Dubai Production City and is the latest addition to the Midtown development. Construction began in February 2024and is currently on track, with structural works advancing as planned in both towers and the podium. Blockworks have commenced in the tower area, and key subcontractors for MEP and Aluminium have been appointed.

MIDTOWN MOSQUE, located in the Midtown Development in Dubai Production City, is set to serve the residents of the area.. Final MEP and finishes works are currently ongoing.

Midtown Mosque promises to be a significant addition to the community. This mosque will enhance the spiritual and social aspect of the residents’ living experience in the area in Midtown Development.

Stay tuned for further updates on this dynamic addition to the Midtown development and imminent completion of Midtown Mosque!

ROSALIA RESIDENCES

ROSALIA RESIDENCES is a B+G+P+9F residential building located in Al Furjan.

The project has progressed significantly, with the successful completion of substructure works and raft. Structural works on the superstructure are currently underway, and the casting of the podium has been completed. Key subcontractors, including MEP and Aluminium, have been appointed.

ROSALIA RESIDENCES aims to provide high-quality residential units in Al Furjan, offering modern amenities and a comfortable living environment. Stay tuned for more updates on this exciting project!

ELEVE

ELEVE by Deyaar is a 3B + G + 2P + 33F +R residential buildingsituated in Downtown Jebel Ali. The enabling works package has been awarded, and mobilization activities are currently ongoing as planned.

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