Established in 2002 with a paid up capital of AED 18.38 million, Deyaar has grown exponentially over the past decade 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.
While Deyaar is one of the largest developers at Dubai’s Business Bay, its real estate ventures span major growth corridors and prime locations in Dubai, including Dubai Marina, Al Barsha, DIFC, Jumeirah Lake Towers, IMPZ, Dubai Silicon Oasis and TECOM. The company’s current project portfolio includes iconic residential and commercial tower developments.
Deyaar’s operations are divided across four key business units – Property Development, Property Management, Facilities Management and Owners’ Association Management. Through these teams, Deyaar aims to maximise investor profits, provide customers with the highest level of service in the industry and deliver real solutions that truly enhance the value of their investments.
"There is no glory without the glory of the country and its citizens. We have to be proud of our forefathers, who were able to face the harshness of life with a strong will and dedication to shape a better collective future,” said Late Sheikh Zayed Bin Sultan Al Nahyan, founding father of the UAE.
With the blessings of our forefathers and the limitless support of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, the magnificent vision of the country’s founder President is a reality today with every sector making strong headway in contributing to economic progress and creating growth opportunities for the wider region.
It is indeed noteworthy that the UAE has emerged as a force to reckon within the Middle East, establishing itself as a dynamic hub for global commerce that integrates technology and advanced infrastructure to offer an international standard of living. The country is poised to craft an even stronger narrative in the future with Dubai gearing up full throttle for the upcoming Expo 2020.
Much like the UAE, Deyaar has built our credentials on solid foundations that evoke trust and the collaborative engagement of every stakeholder. Our unwavering determination to excel in an industry that is fiercely competitive has allowed us to grow as a customer-focused, trusted and valued developer with in-depth market intelligence and property management expertise.
Today, we can proudly claim to have established a foothold in the UAE’s real estate sector as a leading developer and property solutions provider.
As a company, we have continuously refreshed our core services with a stronger and broader network of customers. Consequently, Deyaar’s expertise is increasingly in demand outside ourown portfolio of properties. Long-standing partnerships on the development front have helped us differentiate ourselvesfrom our competitors. Our wide range of projects is part of the company’s huge property portfolio in the prime commercial business district located in the heart of the city.
Launching successful projects has not only allowed our business to grow, but also helped shape entities that are serving as sustainable sources of revenue. This has been made possible by carrying out unique initiatives for the customers leveraging on our strong financial capabilities. We extend unique payment options to potential buyers, making our appealing properties even more affordable. With a firm sense of business fundamentals, Deyaar also sought to build a healthy cashflow. The company’s financial strategy through the years makes it possible to maintain debts at a minimum and risks atbay.
As an organisation, we have adapted to changing conditions and consistently invested in building and managing properties on par with global standards. With the continued support of our investors, shareholders and customers, we plan to create value for the communities we serve. Profits are essential but in the long run we prioritise social responsibility backed by performance. We aim to chartthe road ahead through consolidating our strengths in pioneering a company that is cosmopolitan in outlook even while drawing inspiration from the country’s resilient roots.