Deyaar Review of the Developer

Developers Deyaar Review of the Developer
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~12 min
10/04/2023
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Introduction

Deyaar Development PJSC has emerged as one of the leading in property development since its establishment. With paid-up capital that underscores its financial stability, Deyaar has exponential growth over the past decade. The company's unwavering commitment to delivering innovative real estate solutions has solidified its reputation as one of the largest developers in the region.

Deyaar's diverse portfolio spans prime locations, including Dubai Marina, Dubai Silicon Oasis, Jumeirah Lake Towers, Business Bay, Al Barsha, and Al Barsha South. Comprising four key business units, Deyaar's operations encompass residential and commercial tower developments, property management, owners association management, and facilities management. These divisions work in harmony to provide customers with an array of new services and ensure the highest levels of safety and quality, making Deyaar a trusted name in the Dubai real estate industry.

History

Established in 2002 with a modest paid-up capital of AED 18.38 million, Deyaar embarked on a remarkable journey that has seen it transform into one of the leading real estate development powerhouses in the region. Through a decade of persistent growth and innovation, the company's share capital surged to an impressive AED 5.78 billion after its successful IPO in May 2007.

Deyaar's influence in Dubai's real estate landscape extends far and wide. While it holds a prominent presence at the prestigious Business Bay, the company's real estate ventures span across major growth corridors and prime locations in Dubai, including sought-after areas like Dubai Marina, Al Barsha, DIFC, Jumeirah Lake Towers, IMPZ, Dubai Silicon Oasis, and TECOM. Deyaar's current project portfolio includes iconic residential and commercial tower developments, showcasing its commitment to creating exceptional spaces for both residents and businesses.

Beyond the borders of the UAE, Deyaar has expanded its international footprint, with operations reaching Lebanon, Turkey, the United States, and the United Kingdom. Furthermore, the company has ambitious plans for future expansion, with upcoming ventures in Saudi Arabia, Qatar, and India.

Average Prices for Properties

The average prices for properties by Deyaar can vary significantly depending on many factors, including the type of real estate, location, condition, number of bedrooms, and other considerations. Here are the minimum prices for some of Deyaar's projects:

  1. Dania Apartments. Located in the International Media Production Zone, the minimum price for these properties starts at approximately AED 716,341. These units are available as both ready-to-move and off-plan projects.

  2. Bella Rose. Situated in Dubai Science Park, Bella Rose properties have a starting price of around AED 526,111. These units are also offered as both ready-to-move and off-plan options.

  3. Afnan. In the International Media Production Zone, Afnan properties begin at a minimum price of approximately AED 858,115. They are available as ready-to-move and off-plan projects.

  4. The Atria. Located in the vibrant Business Bay, The Atria properties have a minimum price of about AED 1,190,670. These units are offered as ready-to-move and off-plan projects.

  5. Deyaar Ruby Residence. Positioned in Dubai Silicon Oasis, Ruby properties start at a minimum price of around AED 1,171,048. These units are available as ready-to-move and off-plan projects.

  6. Mont Rose. Situated in Dubai Science Park, Mont Rose properties have a minimum price of approximately AED 996,623. They are offered as ready-to-move and off-plan options.

  7. 2-bed Apartments in Tria. Located in Dubai Silicon Oasis and expected to be ready in Q2 2025, these 2-bedroom apartments start at approximately AED 1,183,469.

  8. 3-bed Apartments in Tria. Also situated in Dubai Silicon Oasis and expected to be ready in Q2 2025, these 3-bedroom apartments have a minimum price of about AED 1,927,449.

  9. 2-bedroom Apartments in Amalia. In Al Furjan, these 2-bedroom apartments, expected to be ready in Q4 2024, start at a minimum price of approximately AED 1,213,972.

  10. 3-bedroom Apartments in Amalia. Also located in Al Furjan and expected to be ready in Q4 2024, these 3-bedroom apartments have a minimum price of about AED 1,980,797.

It is a minimum prices, and actual property prices may vary based on specific unit sizes, views, additional features, and market conditions. Prospective buyers should contact Deyaar or their authorized agents for precise pricing information on the specific property they are interested in.

Key Projects

The Atria

The Atria, situated in the vibrant Business Bay, is a modern sophistication and avant-garde design. These impressive towers are a creation of the creative duo from YOO Studio, known for their extraordinary design sensibilities. The apartments at The Atria have an artistic flair, offering residents a truly unique living experience.

One of the standout features of The Atria is its striking central park plaza, where residents can unwind amidst lush greenery and enjoy the serene surroundings. The beauteous atrium within the complex is a sight to behold, adding a touch of elegance to the living spaces.

The property offers a variety of apartment sizes, including studios, 1, 2, and 3-bedroom apartments, catering to different lifestyles and preferences. With sizes ranging from approximately 116 to 278 square meters (1,250 to 3,000 square feet), residents can choose the space that best suits their needs.

Moreover, The Atria's prime location in Business Bay provides easy access to a range of amenities, including retail outlets and exquisite restaurants. This combination of artistic design, serene landscapes, and convenient access to amenities ensures that residents at The Atria will feel at home from the moment they step inside.

Mont Rose

Mont Rose is a distinguished living address in Dubai Science Park, characterized by three impressive 19-storey residential towers. These towers showcase a contemporary design with a modern facade, making Mont Rose a captivating and stylish place to call home.

One of the standout features of Mont Rose is its commitment to enhancing residents' quality of life. The project is inspired by the concept of vibrant living and offers a range of amenities to support this vision. Residents can enjoy beautifully landscaped gardens, providing a serene escape from the bustling city, as well as inviting community spaces.

Mont Rose providing enchanting views of parks and gardens, further enhancing its appeal as a residential destination. The property offers a diverse selection of apartment sizes, including studios, 1, 2, 3, and 4-bedroom apartments, accommodating various lifestyles and preferences. These apartments range in size from approximately 70 to 232 square meters (760 to 2,500 square feet), providing residents with a wide array of choices to suit their needs.

Central Park Towers Dubai International Financial Centre

Central Park Towers at DIFC stands as the newest jewel in Dubai's awe-inspiring skyline. Positioned in the vicinity of iconic landmarks like the prestigious Burj Dubai and The Gate, this visionary development is a true reflection of your dynamic lifestyle and enterprising spirit.

Central Park Towers is located in the heart of the Dubai International Financial Centre (DIFC), and offers a diverse range of apartment options, including studios, 1, 2, 3, 4, and even 5-bedroom apartments. With sizes spanning from approximately 74 to 185 square meters (800 to 2,000 square feet), residents have the luxury of choosing a living space that aligns perfectly with their needs and desires.

Central Park Towers at DIFC encapsulates the essence of luxury living and business opportunities in the heart of Dubai's financial district, making it an enticing prospect for those seeking an exclusive and dynamic lifestyle.

The Burlington

The Burlington, located in the prestigious district of Business Bay, is a sophistication and business prominence. This exceptional residential development offers an impressive array of amenities and intelligent design concepts that cater to both lifestyle and business advantages.

Residents of Burlington can indulge in a wide range of amenities designed to enhance their quality of life. These include aerobics and yoga facilities for wellness enthusiasts, BBQ grill areas for delightful outdoor gatherings, a state-of-the-art fitness center, organic grocery shopping for health-conscious individuals, paddle tennis courts for active recreation, and inviting swimming pools for relaxation and exercise.

The intelligent design concepts that govern the cutting-edge facilities at The Burlington also offer distinct business advantages, making it an attractive choice for professionals and entrepreneurs.

The Burlington offers a diverse selection of apartment sizes, including studios, 1, 2, and 3-bedroom apartments. This esteemed development, located in the heart of Business Bay, is set to become a hub for prominent figures in the business world, adding to the allure of this dynamic urban address.

Bella Rose

Bella Rose, nestled in the vibrant Dubai Science Park, is a residence that offers a unique blend of modern living and thoughtful amenities, that cater to residents' wellness and leisure needs.

Residents of Bella Rose can embrace a balanced and active lifestyle with amenities such as aerobics and yoga facilities, a BBQ grill area for outdoor gatherings, a well-equipped fitness center for staying in shape, and organic grocery options for health-conscious living. Additionally, paddle tennis courts and swimming pools provide ample opportunities for recreation, while the Terrace & Gardens offer serene spaces to relax and unwind.

Bella Rose's living spaces have been thoughtfully crafted to meet the demands of contemporary lifestyles. Whether it's a studio or a 1 or 2-bedroom apartment, Bella Rose offers a diverse range of living spaces to suit various preferences. These residences vary in size, ensuring that residents find the perfect urban setting that complements their lifestyle.

With its modern amenities and contemporary design, Bella Rose sets the stage for an exceptional urban living experience in the heart of Dubai Science Park.

Awards

Deyaar has garnered a series of prestigious awards and recognitions that underscore its commitment to excellence and innovation in the real estate industry. Here are some notable awards received by Deyaar:

  1. Best in Technology and Innovation in the FM category (October 2019). Deyaar Facilities Management won the prestigious award under the Best in Technology and Innovation in the FM category.

  2. Best Real Estate Project under the Affordable Housing Award category (March 2018). Deyaar won the prestigious Best Real Estate Project under the Affordable Housing Award category for Midtown.

  3. Construction Innovation Awards 2017. In October 2017, Deyaar Facilities Management won the Construction Innovation Awards under the Category of FM Company Of The Year.

  4. ICT Achievement Awards 2017. In October 2017, Deyaar won the ICT Achievement Awards under the TECHNOLOGY INNOVATION & STRATEGY Category.

  5. Forbes Middle East - Top 100 Real Estate Companies in the Arab World (2016). In 2016, Deyaar was named among the Arab world's leading real estate companies by Forbes Middle East.

  6. Real Estate and Development Industry CEO Excellence Award (2014). In 2014, Deyaar's CEO, Saeed Al Qatami, won the Real Estate and Development Industry CEO Excellence Award, organized by the Middle East Excellence Awards Institute.

Conclusion

Deyaar, a prominent player in Dubai's real estate industry, has solidified its position as one of the leading developers in the region. Established in 2002 the company has since exponential growth, Deyaar's diverse portfolio spans major growth corridors and prime locations, including Dubai Marina, Dubai Silicon Oasis, Jumeirah Lake Towers, Business Bay, Al Barsha, and Al Barsha South. The company delivers exceptional residential and commercial properties, with a focus on innovation and customer satisfaction.

Across its various projects, such as The Atria, Mont Rose, Central Park at DIFC, The Burlington, and Bella Rose, Deyaar consistently emphasizes modern design, thoughtful amenities, and convenient access to services. With a wide range of apartment sizes and types, Deyaar caters to diverse preferences and needs. Additionally, the company has garnered several prestigious awards, including recognition for technological innovation, affordable housing excellence, and leadership in the real estate sector. As it continues to expand its international presence, Deyaar remains committed to delivering real solutions and enhancing the lifestyle of its residents and investors, solidifying its role as a prominent company in the dynamic Dubai real estate landscape.

Sources

Deyaar

FAQ

  • 1.

    What types of properties does Deyaar develop?

    Deyaar develops a wide range of properties, including residential and commercial towers. These properties can vary in size, location, and features, catering to different preferences and needs.

  • 2.

    Where are Deyaar's projects located?

    Deyaar's projects are located across major growth corridors and prime areas in Dubai. Some of the notable locations include Dubai Marina, Dubai Silicon Oasis, Jumeirah Lake Towers, Business Bay, Al Barsha, and Al Barsha South.

  • 3.

    What awards and recognitions has Deyaar received?

    Deyaar has received several prestigious awards, including recognition for technological innovation, excellence in affordable housing projects, and its leadership in the real estate sector.

  • 4.

    Does Deyaar offer commercial properties as well?

    Yes, Deyaar develops both residential and commercial properties, providing a diverse range of options for investors and businesses.

  • 5.

    Does Deyaar have international projects?

    Yes, Deyaar has expanded its footprint internationally, with projects in countries such as Lebanon, Turkey, the United States, and the United Kingdom. The company also has plans for future expansion into Saudi Arabia, Qatar, and India.

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Update date: 06/25/2024