Deyaar reports 27% increase in nine-month pre-tax profit

Deyaar Development PJSC has announced a 27% increase in net profit before tax for the nine-month period ending 30 September 2026, reaching AED 541.5 million compared to AED 425.7 million in the same period the previous year.

Total revenue for the nine months rose 5% to AED 1,522.9 million. The company reported that profit growth outpaced revenue, resulting in a widened net profit before tax margin of 35.6%, up from 29.4% a year earlier. This improvement was attributed to efficient execution and disciplined cost management.

In the third quarter of 2026 alone, net profit before tax was AED 205.4 million, a 29% increase from AED 159.1 million in Q3 2025. The company also noted significant operational momentum, having handed over more than 2,100 units since the beginning of 2026.