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DEYAAR ACHIEVES STRONG FY 2025 RESULTS, DRIVING TRANSFORMATIONAL GROWTH FOR 2026

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A modern beachfront residential development by Deyaar Development featuring multiple mid‑rise glass‑fronted buildings overlooking a calm shoreline, with landscaped palm trees along the sandy beach and a boat approaching on the turquoise water at sunset.

Deyaar Development PJSC (Deyaar), a leading real estate developer and service provider in Dubai, today announced its financial results for the full year ending December 31st, 2025, demonstrating the company’s ability to sustain strong momentum and deliver on its strategic vision.

Building on the success of 2024, Deyaar, profit before tax rose 26% to AED 637.9 million from AED 505.4 million, while total revenue increased 30% to AED 1,972.1 million, compared with AED 1,512.8 million in 2024.

The company’s development pipeline remains strong at approximately AED 7 billion, supporting future revenue generation and the delivery of high-quality projects. Deyaar’s balance sheet also remains strong, with total assets increasing 17% to AED 8,027.6 million, reflecting ongoing strategic investments and asset quality enhancement.

Commenting on the results, Mr. Abdulla Ali Obaid Al Hamli, Chairman of the Deyaar Board of Directors, said: “The year has been defined by strong fundamentals across the UAE’s real estate sector, supported by long-term national strategies that continue to shape one of the world’s most resilient markets. Independent market reports highlight sustained demand, rising population growth, and exceptional liquidity across both off-plan and ready segments; clear indicators of an ecosystem built on confidence, transparency, and strategic urban planning. This environment has enabled developers like Deyaar to accelerate their ambitions and contribute meaningfully to the nation’s evolving real estate landscape. As Deyaar advances its portfolio of residential communities and landmark developments, the focus remains on disciplined growth, quality delivery, and long-term value creation.”

Based on the strong financial performance of the company, the Board of Directors has proposed a 5% dividend which will be submitted for approval at the upcoming General Assembly.

Commenting on the results, Saeed Mohammed Al Qatami, CEO of Deyaar, said: “Our consistently strong financial performance has reinforced Deyaar’s confidence in the UAE’s long-term vision, with strategic national initiatives such as Dubai’s D33 and the Dubai 2040 Urban Master Plan driving population growth, infrastructure expansion, and sustained housing demand. The achievement of AED 917 billion in Dubai’s real estate transactions in 2025, marking the strongest performance to date, is a powerful testament to the Emirate’s unwavering commitment to excellence. Against this national backdrop, Deyaar is executing with discipline and ambition through landmark projects such as Downtown Residences, alongside the continued development of community projects, confident in the supportive macro environment highlighted by recent market outlooks. These factors strengthen our determination to deliver communities that meet evolving customer expectations and advance the UAE’s ambition for globally competitive, future-ready cities.”

He added: “Looking ahead, Deyaar is set to leverage a strengthened leadership team and a clear strategy to drive growth in 2026. The company is focused on delivering outstanding lifestyles and experiences that both investors and residents expect. With a robust backlog and a diverse portfolio, Deyaar aims to create not just buildings but vibrant communities where individuals can thrive and connect.”

Significant Milestones & Remarkable Developments

With a focus on long-term growth, Deyaar is advancing its vision by delivering landmark communities across key UAE markets.

Downtown Residences, one of the UAE’s tallest vertical residential communities, was launched in June 2025, marking Deyaar’s well-timed entry into the high-rise, ultra‑luxury residential segment. Soaring to a height of 445 meters across more than 110 floors, it is the company’s tallest and most ambitious project to date and is set to become a new architectural icon in the heart of Dubai.

Following the successful launch of the Park Five community at Dubai Production City in 2024, Deyaar continued the momentum with the launch of its final phase in September 2025, with project completion targeted for December 2027.

The 2025 also marked with company making its debut in Umm Al Quwain with AYA Beachfront Residences, a luxury and wellness‑focused residential development. The project was recognised among the Top 100 Luxury Residences of the World. The beachfront project redefines coastal living blending modern architecture, nature‑driven planning, and resort‑style amenities, all while prioritizing sustainability and wellness.

Together, these milestones demonstrate Deyaar’s commitment to shaping iconic communities, advancing its strategic growth across key UAE markets, and fostering transparent engagement with investors and stakeholders.

Reinforcing Our Commitment to Sustainable Practices

Deyaar is setting a new standard in sustainable urban living, evident in its latest projects that blend wellness and environmental stewardship. The Downtown Residences, featuring air yoga zones and meditation pods, redefines vertical living with a focus on resident health. In Umm Al-Quwain, Aya Beachfront Residences boasts biodiversity-sensitive landscaping that protects local habitats while enhancing coastal aesthetics.

Park Five in Dubai Production City enhances pedestrian mobility, aligning Dubai’s sustainability goals while promoting balanced lifestyles through landscape courtyards and wellness-focused amenities.

In 2025, Deyaar’s commitment to workforce welfare is particularly noteworthy, reflecting a significant increase in project activity. Average daily manpower on site increased from 2,648 to 4,579, representing a remarkable 73% growth compared to last year, all achieved without a Lost Time Injury. Through these efforts, Deyaar is not only shaping the future of real estate but also creating vibrant, sustainable communities for years to come.

Commitment to Sustainable Growth

Deyaar remains firmly committed to sustainable growth and sector leadership as it closes 2025. During the second half of the year, the company prepared for the handover of multiple major projects reinforcing liquidity generation and operational discipline.

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SOBHA REALTY’S CREST GRANDE RECEIVES BUILDING COMPLETION CERTIFICATE; HANDOVER TO COMMENCE WITHIN RERA TIMELINE

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Sobha Realty, a leading global luxury real estate developer, has announced that Sobha Crest Grande has received its Building Completion Certificate (BCC), with customer handovers scheduled to commence shortly.

Located in the waterfront district of Sobha Hartland, Crest Grande, comprising 985 units, offers proximity to key Dubai landmarks, including the Burj Khalifa, Downtown Dubai, and Dubai International Airport. The development features waterfront views, fully fitted kitchens, covered car parking, and amenities including an indoor and outdoor gymnasium, sauna room, adult and kids’ swimming pool, kids’ playing area, barbecue zone, as well as retail and restaurant offerings.

Importantly, the project is scheduled for delivery with the timeline committed on RERA, underlining Sobha Realty’s continued focus on execution discipline and delivery certainty, a hallmark of the brand’s Backward Integration model.

Francis Alfred, Managing Director, Sobha Realty, said; “At a time when people value certainty and reassurance more than ever, milestones like the Building Completion Certificate carry even greater meaning. Dubai continues to demonstrate the resilience, confidence, and long-term vision that makes it one of the world’s most trusted places to live and invest. For us, the receipt of the Building Completion Certificate for Sobha Crest Grande is not just a development milestone; it is a reflection of the trust families place in us when they invest their savings, aspirations, and vision of a dream home in the UAE. Achieving and being able to deliver within the timeline committed on RERA reaffirms our commitment to honour that trust through disciplined execution, timely delivery, and the consistent quality we promise every customer.”

Sobha Crest Grande has been designed to offer elevated waterfront living within one of Dubai’s most sought-after residential destinations. Its location within Sobha Hartland places residents within minutes of central Dubai, while offering a more serene lifestyle setting shaped by open views, green surroundings, and curated amenities.

The receipt of the BCC and the commencement of delivery shortly further strengthen Sobha Realty’s track record of translating vision into reality through disciplined planning, in-house capabilities, and a long-term commitment to customer confidence.

For homeowners, this milestone signals the transition from anticipation to ownership, as Crest Grande moves into its final stage before residents begin experiencing the development as a completed address.

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ICONIC RESIDENCES REACHES KEY CONSTRUCTION MILESTONES, MERED HIGHLIGHTS MARKET CONFIDENCE

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MERED, the award-winning real estate developer, has reported significant progress on ICONIC Residences Design by Pininfarina, one of Dubai’s most ambitious premium projects. Construction is advancing steadily across multiple phases, with fully mobilised teams achieving key milestones in structural works, MEP systems, interior fit-outs, and material coordination. The update underscores the resilience of Dubai’s off-plan property market, supported by government measures that safeguard the industry and ensure large-scale developments remain on schedule.

ICONIC Residences is a G+66 floor ultra-luxury residential tower set to become an architectural landmark in Dubai. Designed by the legendary Italian firm Pininfarina, the tower draws inspiration from the city’s sand dunes and flowing ocean waves. The development will house 310 premium apartments and a signature two-level penthouse, offering residents world-class amenities, including infinity pools, wellness and spa facilities, padel court, lounges, family areas, luxury retail spaces, and air-conditioned parking spaces. Its strategic location provides breathtaking views of Dubai’s landmarks and direct access to Palm Jumeirah, Dubai Harbour, Downtown, Bluewaters Island, Emirates Golf Club, and Sheikh Zayed Road.

As of March 2026, the tower has reached approximately 125 metres, with work advancing steadily on Level 22. On the first technical floor, MEP systems are being installed, forming the backbone of the building’s technical infrastructure. Across the residential component, apartment works are progressing in parallel, with teams of engineers, technicians, and skilled tradespeople actively coordinating each phase on site. Deliveries of finishing materials for all units have been scheduled to ensure a smooth transition to the next stages of fit-out. Mered’s in-house quality control department monitors excellence at every stage of the work.

“Every milestone at ICONIC Residences reflects the resilience of the UAE property market,” comments Michael Belton, CEO of MERED. “We will continue to drive the project steadily, upholding the highest standards of quality. We are grateful for the UAE government’s proactive approach in supporting a stable and resilient market, which enables developments like ICONIC Residences to progress with confidence. This tower will stand as a symbol of innovative design, architectural excellence, and the enduring strength of Dubai’s real estate sector.”

The development’s impressive construction progress is supported by the broader stability of the UAE real estate market. Recent steps by the Central Bank of the UAE, designed to strengthen liquidity and safeguard the banking sector, help maintain a stable environment for lending and economic activity. This stability enables banks to continue providing financing to buyers, investors, and developers, contributing to smoother cash flow in the property industry.

ICONIC Residences is backed by a team of world-class experts, including Pininfarina, Hirsch Bedner Associates (HBA), SERA Group, Currie & Brown, Bond Interiors, and more, ensuring meticulous coordination across every aspect of the development. Combined with MERED’s expertise and the stability of the UAE property market, ICONIC Residences is well-positioned to achieve its delivery and performance goals by Q3 2027.

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NATUZZI ITALIA ILLUMINATES THE SOUL OF THE HOME WITH THE POETRY OF LIGHT

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Natuzzi Italia, the global ambassador of Italian lifestyle, invites the world to see the home in a new light. In a masterclass of craftsmanship and atmospheric design, the brand unveils its latest lighting ensemble—a collection where functional illumination evolves into pure, radiant sculpture.

These pieces represent more than just a new product line; they are a dialogue between the heritage of Italian artisanal mastery and the avant-garde of modern luxury.

The Collection: Sculptures of Luminosity

Aura Suspension:

 Architectural Harmony Aura embraces space with ethereal grace, spreading a soft, diffused glow that envelopes a room in a harmonious atmosphere. Its refined, essential shapes interact seamlessly with architecture, creating a perfect equilibrium between raw matter and weightless light. Available in various compositions, Aura enriches grand spaces with a timeless allure, transforming surroundings into pure emotion.

Elsa Table Lamp:

A Timeless Embrace Elegance and purity find their form in Elsa. This masterpiece features a charm carved from artisan glass, playing against the natural, sophisticated veins of Calacatta marble. Topped with a decorative accessory in brushed light gold, Elsa is not merely a lamp, but a precious jewel for the contemporary interior.

Tea Floor Lamp:

Floral Grandeur: Standing with the poise of a curated bouquet, the Tea lamp features three slender stems rising in a rhythmic interplay of heights. Each stem culminates in a satinated blown-glass sphere, casting a soft, encompassing glow that mimics the gentle transition of dusk.

Rosé:

The Icon of Grace Inspired by the delicate silhouette of an inverted chalice, Rosé pays homage to the warm, shimmering hues of a desert sunset. With its refined finish and iconic silhouette, it transforms light into a radiant expression of Mediterranean beauty.

Solene:

The Luminous Secret of Solene is where tradition meets innovation. Featuring a hand-carved crystal heart nestled within blown glass, it filters light to create a sanctuary of intimacy. It is a quiet masterpiece, a secret whispered in the language of light.

Nola:

Ethereal Weightlessness Suspended with the quiet dignity of a bell, Nola brings a brilliant yet delicate presence to any room. Its minimalist form serves as a statement of lightness, proving that true refinement often speaks in a whisper.

Bossanova:

 The Rhythm of Reflection Dynamic and fluid, Bossanova appears to dance within the air. Its vibrant transparency and undulating lines create a play of reflections that evoke joy and movement, capturing the timeless spirit of Italian celebration.

Experience the Glow

Discover the collection at Natuzzi Italia showrooms across the UAE, where the poetry of light meets the art of living.

Natuzzi store are located near you in Dubai and Abu Dhabi, visit the website.

•        Natuzzi, Sheikh Zayed Road between 2nd and 3rd interchange, Dubai

•        Natuzzi, near Al Maktoum Bridge, Umm Hurair Road, Dubai

•        Natuzzi, The Galleria, Abu Dhabi

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