Dubai's Deyaar Development reported a 94 per cent rise in third-quarter net profit on Wednesday as sales at a newly-launched residential project boosted earnings.
Deyaar, one of the companies worst hit by the emirate's pro
Deyaar, a leading local and regional real estate developer and real estate services company in Dubai, UAE, is considering moving into the hospitality business, a report said.
The real estate developer is currently studying a proposal to
Deyaar has announced the launch of Montrose, a three-tower residential and hotel apartment project centrally located at Tecom’s DuBiotech Life in Dubai, UAE.
The project, which comprises a hotel apartment and two residential tower
Dubai-based Deyaar Development said it has sold off its 5.98 acre land in Texas, US, to reinvest the funds into its UAe projects, said a report.
In a statement to the Dubai Financial Market, Deyaar said the funds from the US land
Dubai-based property developer Deyaar has signed a deal with Dubai Maritime City to acquire 70,226.53 sq ft of land located at the Marina District within the zone, said a report.
The Marina District is one of t
Deyaar Development, a regional real estate company dedicated to innovation, customer care and long-term sustainable growth, has registered a record sales of Dh1.3 billion ($354 million) for the first quarter.
This was announced at
Dubai-based property developer Deyaar said its first-quarter net profit more than doubled, buoyed by an upswing in the emirate's real estate market.
Deyaar made a quarterly consolidated net profit of 52.1 million dirhams ($14.
Shareholders of Dubai property developer Deyaar have approved a plan to allocate 25 per cent of its share capital to foreigners, the company said on Saturday.
At present, investors in Gulf countries can own up to 49 per cent
Dubai property developer Deyaar Development said on Sunday it planned to build a combined residential and hotel project in the emirate, its first entry into the hospitality industry.
The 900 million dirham ($245 million) project w