Deyaar
| Public joint-stock company (PJSC) | |
| Traded as | DFM: DEYAAR |
| Founded | January 2001 |
| Headquarters | Dubai, United Arab Emirates |
Deyaar Development PJSC is a leading local and regional real estate developer and real estate services company. At inception, Deyaar was the property management unit of Dubai Islamic Bank. Deyaar was later established as a private shareholding company on January 6, 2001.
Since its operations in 2003, the company has registered exponential growth to become an industry leader in the region, with a share capital of AED5.78 billion. Deyaar is well-positioned to play a pivotal role in the development of the region's property landscape. The company’s in-depth market intelligence, world-class services and unrivalled property management support for communities across diverse portfolios have firmly consolidated its pioneering status in the region’s real estate landscape.
Strategy
Combining excellence with a vision to create natural living environments while placing customers at the core of its strategies, Deyaar additionally serves as a one-stop real estate solutions provider. Under this profile, its scope includes the delivery of end-to-end property development and property management services, overseeing more than 20,000 property units across the UAE. Deyaar also provides facility management services for its portfolio of over 18,000 commercial and residential units. The company additionally spearheads an association management team to ensure the wellbeing of Deyaar’s homeowners as a key priority.
Board of directors
Mr. Abdullah Ali Obaid AlHamli (Chairman)
Mr. Abdullah Ebrahim Lootah (Vice Chairman)
Mr. Mohamed Al Nahdi (Director)
Mr. Khalifa Suhail Juma Al Zaffin (Director)
Mr. Mohamed Al Sharif (Director)
Mr. Saif Al Khatiri (Director)
Mr. Saif Al Yarabi (Director)
Mr. Obaid Lootah (Director)
Dr. Adnan Chilwan (Director)
Subsidiaries
Beirut Bay SAL - Lebanon - 100%
Deyaar Facilities Management LLC - UK - 100%
Deyaar Owners Association Management LLC - Cayman Islands - 100%
Deyaar Al Tawasool Lil Tatweer Aleqare Co. - KSA - 100%
Nationwide Realtors LLC - UAE - 100%
Deyaar Limited LLC - UAE - 100%
Deyaar Emarat HOlding WLL - Bahrain - 100%
Deyaar West Asia Coöperatief U.A. - Netherlands - 100%
Arady Development LLC - DIFC - 50%
Dubai International Development LLC - UAE - 50%
SI Al Zorah Equity Investments Inc - UAE - 22.72%