Deyaar Development’s board has recommended a dividend for 2025, following a revenue increase of AED 500 million last year, supported by robust real estate demand and favourable investor sentiment.
The developer confirmed on the Dubai Financial Market that the proposed 5% dividend remains subject to approval by shareholders.
In 2024, Deyaar distributed a 4% dividend, marking its first payout since its listing on the Dubai Financial Market in September 2007.
The company reported total revenue rising to almost AED 2 billion ($545 million) in 2025, up from AED 1.5 billion the previous year, according to a statement to the Dubai bourse.
Net profit attributable to shareholders climbed 28% to AED 607 million in 2025, compared with AED 474 million in 2024.
Deyaar’s development pipeline totalled AED 7 billion, underpinning prospective revenue growth.
In November, CEO Saeed Mohammed Al Qatami told AGBI that sourcing skilled builders had become “more challenging than ever” amid the booming housing market.
He added that labour from subcontractors was scarce due to high demand, and that the costs of many building materials had risen sharply.
Total assets grew 17% to exceed AED 8 billion, reflecting continued strategic investments and improvements in asset quality.
Dubai Islamic Bank holds a 44.98% stake in Deyaar. Its shares closed up almost 1% at AED 1.10 on Wednesday, recording a 6% gain year-to-date.
