Dubai – Mubasher: Deyaar Development logged net profits after tax worth AED 248.56 million in the first half (H1) of 2025, an annual jump from AED 188.66 million.

Revenue increased by 39.20% year-on-year (YoY) to AED 925.42 million as of 30 June 2025 from AED 664.40 million, according to the financial results.

The basic and diluted earnings per share (EPS) climbed to AED 5.74 in H1-25 from AED 4.31 in H1-24.

Financials for Q2-25

In the second quarter (Q2) of 2025, the company’s net profits reached AED 137.04 million, compared to AED 115.70 million in Q2-24.

The revenue surged to AED 492.41 million in Q2-25 from AED 336.55 million in Q2-24, while the diluted and basic EPS grew to AED 3.15 from AED 2.64.

Saeed Mohammed Al Qatami, CEO of Deyaar Development, said: “We have achieved strong results during the first half of the year and successfully launched remarkable projects.”

“We have capitalized on emerging opportunities across the UAE. We have successfully expanded Deyaar's strategic investments in high-potential locations, yielding significant returns and delivering exceptional value to our stakeholders,” he added.

The DFM-listed company entered 2025 with a strong performance, recording net profits before corporate tax valued at AED 119.80 million in Q1-25.