Entrepreneurs
Crafting Icons, Shaping Futures: Deyaar’s Unstoppable Growth in Dubai
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Deyaar’s growth profile has been nothing but great. Now, following its successful IPO in May 2007, Deyaar’s share capital ballooned to a whopping AED 5.78 billion, making the company one of the largest real estate developers in Dubai. The fast-paced growth here is undoubtedly just an affirmation of the forward thinking vision of Deyaar and commitment to quality developments in some of the most premium locations in the city.
The Deyaar portfolio reveals a very resourceful and ambitious image of the company. Its developments are strategically positioned within the major growth corridors and prime locations of Dubai. From Business Bay-the thriving commercial hub to Dubai Marina, where luxury waterfront living awaits, Deyaar’s projects are very skillfully curated to meet all the expectations of the diverse cross-section of clients. Other strategic locations in the company’s extensive inventory include Al Barsha, Dubai International Financial Centre, Jumeirah Lake Towers, Dubai Production City, Dubai Silicon Oasis, Al Barsha South and Al Barsha Heights. All of these head-quarters have expanded dramatically over the years, making Deyaar’s developments of massive interest to investors, residents and businesses alike. Whether it is a high-rise residential tower or a cutting-edge commercial development, Deyaar’s ventures are designed to meet the needs of a dynamic and ever-evolving city.
Behind Deyaar’s growth lies a well-structured set of operations, divided into four main business units. At the very heart of this is Property Development, in which Deyaar focuses its efforts on creating residential and commercial properties that consistently outperform the expectations of investors and residents alike. Iconic projects such as The Atria and Midtown represent landmarks in Dubai’s real estate landscape. Property Management is key to ensuring that the properties Deyaar constructs are well maintained and their long-term value is maximized. The division offers end-to-end management services that help investors maximize their returns. Aside from the property management service, its facility management also ensures safe, secure, and operationally sound properties that make up the quality and functionality of each development.
The Management services that Deyaar offers related to the Owners’ Association allow for support offered to property owners dealing with the intricacies related to the management of common spaces. Its divisions here assist in improving the living experience for Deyaar’s clients by streamlining operations and evoking the sense of community.
Deyaar is now entering the hospitality sector, further diversifying its offerings. The company has a number of hospitality-related projects up its sleeve, which would help cement its ground as one of the leading real estate development houses in the region. Such developments are well aligned with Dubai’s becoming one of the pre-eminent tourist destinations in the world and probably will lead to the increasing demand for world-class hospitality experiences.
Deyaar aims to serve the goals of its investors by maximizing returns while building towards the provision of excellent service at an industry level. In terms of cutting-edge designs, superior property management or strategic investments in growth areas of Dubai, Deyaar continues to look for real solutions that add value to the portfolios of investors.
In fact, Deyaar has been at the forefront and is even better positioned for leading Dubai in innovative real estate development. With a strong financial foundation, diversified portfolio, and commitment to excellence, Deyaar’s future shines as bright as the sky line of Dubai, which the company helped create in its earlier days. The expansion of Deyaar into hospitality coupled with continuous investment in strategic locations goes on to ensure that Deyaar will remain one of the major players in shaping the future of Dubai’s real estate market.
The journey from a modest capital base to today’s multi-billion-dirham powerhouse reflects Deyaar’s resilience, innovation, and commitment to excellence. It will forever make a mark in the contribution to the developments of Dubai as it continues to build iconic structures and redefine urban living in one of the world’s most dynamic cities.