Deyaar Development PJSC reported earnings results for the first quarter ended March 31, 2025. For the first quarter, the company reported sales was AED 433.02 million compared to AED 327.85 million a year ago. Net income was AED 113.03 million compared to AED 72.96 million a year ago.
Basic earnings per share from continuing operations was AED 0.0258 compared to AED 0.0167 a year ago.
Deyaar Development PJSC (Deyaar) is a United Arab Emirates-based public joint stock company engaged in the real estate development sector. The Company operates in three business segments: Property development, electrical and mechanical works, and properties and facilities management. In additions, the Company is also involved in the provision of brokering services. The Company’s project portfolio includes multiple mid-sized community projects, as well as iconic residential and commercial tower developments. The Company develops commercial and residential projects across the United Arab Emirates, as well as international markets, such as Turkey, Lebanon, the United Kingdom, Saudi Arabia, India and Qatar. The Company’s projects include, among others, the Burlington and Fairview Residency. In June, 2014, the Company announced the sale of its 5.98 acres land in Huston. In September, 2014, the Company sold residential units in tower-one of the Montrose project.
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Investor
Investor
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Global
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ESG MSCI
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