Deyaar Development PJSC: Business Overview, Financials & Competitive Analysis
Deyaar Development PJSC scores 7/10 on the AskCyborg Cyborg Score (Strong). Market-leading Dubai developer with strong operational metrics and dividend profile positioned to capture sustained UAE real estate growth. The company demonstrated a dividend yield of 5.39% in 2024 with a payout ratio of 46.17%, indicating strong cash generation capabilities. EBITDA reached 478.89M AED with an EBITDA margin of 20.13%.
What is Deyaar Development PJSC's industry? Deyaar Development PJSC (deyaar.ae) operates in Real Estate Development and Property Services. AskCyborg classifies Deyaar Development PJSC under Real Estate Development and Property Services in its company registry.
Deyaar Development PJSC is a UAE-based public joint stock company engaged in real estate development with three business segments: property development, electrical and mechanical works, and properties and facilities m...
Cyborg Score thesis
Market-leading Dubai developer with strong operational metrics and dividend profile positioned to capture sustained UAE real...
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Get Current Report FreeDeyaar Development PJSC Overview
Pro stress-test →Deyaar Development PJSC is a UAE-based public joint stock company engaged in real estate development with three business segments: property development, electrical and mechanical works, and properties and facilities management. As one of the largest developers in Dubai, its real estate ventures span major growth corridors and prime locations including Business Bay, Dubai Marina, Al Barsha, and DIFC.
Strategic Profile
Pro stress-test →Established in 2002 with initial capital of AED 18.38 million, Deyaar has grown to become one of the leading real estate development companies in the region, with a share capital of AED 5.78 billion following its IPO in May 2007. The company is majority owned by Dubai Islamic Bank. Deyaar's operations are divided across four key business units – Property Development, Property Management, Facilities Management and Owners' Association Management.
Competitive Landscape
Pro stress-test →Aldar Properties, a corporation based in Abu Dhabi, UAE, is identified as one of Deyaar Development's eight competitors. Deyaar differentiates through its dominant presence in Dubai's premium locations and integrated property services ecosystem spanning development, management, and hospitality. The company benefits from strong institutional backing via Dubai Islamic Bank majority ownership.
Industry Context
Deyaar Development PJSC operates in Real Estate Development and Property Services.
Key facts
Founded: 2001 · Headquarters: Dubai, United Arab Emirates · Employees: 258