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2026-10-23T09:42:00.000Z

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Ayaa Dar Development Profits Rise 18%

Ayaa Dar Development Profits Rise 18%

Deyaar Development, listed on the Dubai Financial Market, announced a 17.8% increase in its net profit after tax for the first nine months of 2026, reaching 479 million AED compared to 406.4 million AED in the same period of 2025. The results also showed an improvement in the third-quarter profits, which rose by 14.4% to 180.5 million AED, and its revenues increased by 5.2% to 1.523 billion AED over the nine months. Earnings per share also grew to 10.19 fils. The company affirmed its commitment to delivering more than 2,100 residential units since the beginning of the year, reflecting its ability to turn sales into completed projects and enhancing investor confidence, supported by its expansion strategy based on Dubai's economic strengths and its future plans for sustainable growth.

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