The report highlights Deyaar's performance throughout the year, including a 20% increase in revenue to AED 496.95 million, a 157% increase in operational profits to AED 63.14 million, and a net profit of AED 50.80 million. The report also details the company's flagship smart technology luxury project Regalia, which sold out in record time with over AED 1 billion in sales, and the company's hospitality sector, which saw significant growth in occupancy rates upon lifting travel restrictions and resumption of tourism activity. The report further highlights Deyaar's commitment to sustainability, with a focus on social responsibility, environmental initiatives, and internal process automation.
Issuing Company Deyaar Development PJSC
Report Type Integrated Report
Report Language EN
Report Filesize 7.03 MB
No. of Pages 74 pages
Reporting periodJanuary 1, 2020-December 31, 2021
Report EditionUnknown
Assurance Provider Deloitte & Touche (M.E.)
Reporting Standards IFRSs
Materiality Assessmenttrue
