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Deyaar Development, listed on the Dubai Financial Market (DFM), raised its pre-tax profit margin to 35.6% during the first nine months of 2026, compared to 29.4% during the same period last year, supported by profit growth at a pace that exceeded revenue growth, according to its financial results announced on October 23, 2026.
The results showed that the company’s pre-tax profit increased by 27% to about $147.4 million (AED 541.5 million), compared to about $115.9 million (AED 425.7 million) during the first nine months of 2025.
In contrast, Deyaar’s revenues increased by 5% to about $414.7 million (AED 1.5229 billion), compared to about $394 million (AED 1.447 billion) during the corresponding period last year.
Thus, the pre-tax profit margin increased by 6.2 percentage points year-on-year, with profits growing at a rate that outperforms revenue growth.
Deyaar's profit in the third quarter of 2026
In the third quarter of this year, Deyaar recorded pre-tax profits of about $55.9 million (AED 205.4 million), compared to about $43.3 million (AED 159.1 million) during the third quarter of 2025, an increase of 29%.
The company attributed its improved financial performance to regular residential project deliveries, efficient implementation and cost management discipline.
Deyaar delivers more than 2100 residential units in Dubai
On the operational level about Deyaar Properties’ projects, the company announced the delivery of more than 2100 residential units in a number of its real estate complexes in Dubai from the beginning of 2026 until the end of September.
The company explained that the deliveries contributed to the transformation of its real estate sales portfolio into completed projects, supporting its operational and financial results during the reporting period.
Saeed Mohammed Al Qatami, CEO of Deyaar, said that the fulfillment of delivery commitments and the efficiency of implementation were two key pillars of the company’s performance during the first nine months of the year, pointing out that the regular delivery of residential units helped to turn the sales portfolio into realized value.
He added that the company is focusing during the next phase on enhancing its financial and operational strength, and benefiting from the portfolio of projects that have reached the stage of operational maturity.
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