Press release regarding financial results for the Second QTR of 2026

Deyaar reported a net profit before tax of AED 336.1 million for the first half of 2026, marking a 26% increase over the AED 266.6 million achieved in H1 2025. This growth was supported by a strong second quarter, where net profit rose 28% year-on-year to AED 188.3 million.
Total revenue for H1 2026 reached AED 952.6 million, a 3% increase compared to AED 925.4 million in the prior-year period. While revenue growth remained measured, the higher rate of profit growth indicates improved operational discipline and the successful conversion of structural market advantages into shareholder value.
The company enters the second half of the year with a well-covered project backlog and several developments in active construction. This pipeline provides clear earnings visibility as projects move from launch through to completion, supporting the company's objective to reach a mature scale by 2027.
Management highlighted a focus on "disciplined sequencing," prioritizing project handovers and contractor awards to preserve balance sheet strength. This strategy is intended to position the developer to capture the next phase of market expansion from a position of financial stability rather