Deyaar Reports Steady Growth In H1 2026 With Net Profit Before Tax Of AED 336.1 Million

(MENAFN- Mid-East Info) H1 2026 key financial highlights:

Net profit before tax rose to AED 336.1 million, up 26 % from AED 266.6 million in H1 2025.

Net profit before tax for Q2 2026 reached AED 188.3 million, compared to AED 146.8 million in Q2 2025, a 28 % YoY increase.

Total revenue for H1 2026 ending 30 June 2026 reached AED 952.6 million, compared to AED 925.4 million in H1 2025, a 3% YoY increase.

Dubai, UAE, August 2026: Deyaar Development PJSC (Deyaar), a publicly listed integrated real estate company and one of the leading developers in the United Arab Emirates, today announced its financial results for the first half of 2026, posting measured growth over the prior-year period and maintaining profitability while advancing its development pipeline across multiple project stages.

Net profit before tax for the six months ending 30 June 2026 reached AED 336.1 million up 26%, while revenue grew by 3% to AED 952.6 million. With several developments progressing through active construction, Deyaar enters the second half of the year with a well-covered backlog and a clear delivery schedule; a foundation that supports earnings visibility as projects move from launch through to completion.

Commenting on the results, Saeed Mohammed Al Qatami, CEO of Deyaar, said:

These results reflect the consistency of our approach and the strength of the platform we have built. Half after half, our performance has been shaped less by market swings than by the discipline of how we plan, build, and deliver, and this period is no exception.

Dubai's real estate market rests on strategic depth that few global markets can match: institutional-grade regulation, sustained public investment, and a national economic agenda that extends decades ahead. Our role is to convert that structural advantage into shareholder value, and every decision we have taken this half, from contractor awards to project handovers, serves that objective.

The second half of 2026 is about disciplined sequencing: completing what we have committed, advancing the pipeline at the right pace, and preserving balance sheet strength. This positions Deyaar to enter 2027 with maturing projects contributing at scale, ready to capture the next phase of market expansion from a position of strength.

Deyaar's financial performance this half was accompanied by continued recognition of its social impact agenda. The Company was honoured at the MEA Business Achievements Awards with the ESG Excellence award and the Outstanding Community Impact and Engagement award, reflecting its partnerships with both Dubai Club for People of Determination and Emirates Down Syndrome Association. These collaborations underpin Deyaar's broader commitment to inclusion and community engagement, initiatives the Company views as integral to, rather than separate from, its long-term value creation strategy.

About Deyaar:

Deyaar is a publicly listed, integrated real estate company based in Dubai, with over two decades of expertise in developing residential, commercial, and hospitality projects. Established in 2001, Deyaar has grown into one of the leading developers following the IPO in 2007. The company is supported by six interconnected business units, forming a unified platform built around a holistic understanding of our customers' needs.

Deyaar continues to expand its real estate portfolio with strategically located projects and an ambition that continues to grow.

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