Financial statements for the 2nd QTR of 2026

Deyaar Development reported a net profit after tax of AED 298.3 million for the six-month period ended 30 June 2026, representing a 20% increase compared to AED 248.6 million in the same period of 2025.
Total revenue reached AED 952.6 million, a slight increase from AED 925.4 million YoY, bolstered by a significant rise in other income which more than doubled to AED 47.0 million.
Profitability was supported by enhanced operational discipline, as general, administrative, and selling expenses were reduced by 9.1% to AED 89.9 million, while direct costs also declined despite the revenue growth.
The company maintained a robust balance sheet with cash and cash equivalents increasing to AED 2.3 billion by the end of June 2026, after completing a dividend payment to shareholders totaling AED 218.8 million.