Deyaar Development PJSC: projects, payment plans & delivery record (2026)

At a glance

A listed, bank-backed mid-market developer that delivers, but not always on the first date promised

Deyaar is one of the older names in Dubai property: set up in 2001 out of Dubai Islamic Bank's property arm, listed on the DFM in 2007, and still majority-owned by the bank.

Read our full verdict

It reports audited accounts every quarter, pays a dividend and publishes construction updates for every live project, which is more transparency than most private developers offer. The company says it has delivered more than 23 million sq ft across the UAE, and in 2026 alone it handed over more than 2,100 homes across Regalia, Jannat, Talia and Tria. The weak point is timing. Regalia was promised for December 2024 and handed over in April 2026; Tria was promised for 2025 and handed over in October 2026; Rosalia was promised for September 2025 and was still in final inspections in mid-2026. None of these are failures, but buyers should plan on the published date slipping by six to eighteen months. Pricing sits in the mid-market for Dubai, with studios and one-beds in the AED 550,000 to AED 1.2 million range in Jebel Ali and Dubai Production City, and the DWTN tower in Business Bay as the one premium outlier. Most current launches sold out quickly, so for several of them the only route in is resale.

Reviewed by Ayman Hoque, Operations Manager, Live Dubai InternationalDubai Land Department broker card no. 55937 · Checked November 2026 · 48 sources

What Deyaar does well

Listed and audited: quarterly results, a 5% dividend for 2025, and construction updates published on its own website for every live project.
Bank-backed balance sheet: Dubai Islamic Bank owns 44.98%, total assets passed AED 8 billion in 2025, and the company reported more than AED 900 million of unused bank facilities in June 2025.
A delivery record of more than two decades, including more than 2,100 homes handed over in 2026 alone.

All 4 points in full

Listed and audited: quarterly results, a 5% dividend for 2025, and construction updates published on its own website for every live project.
Bank-backed balance sheet: Dubai Islamic Bank owns 44.98%, total assets passed AED 8 billion in 2025, and the company reported more than AED 900 million of unused bank facilities in June 2025.
A delivery record of more than two decades, including more than 2,100 homes handed over in 2026 alone (Regalia, Jannat, Talia, Tria).
Mid-market pricing: studios from around AED 550,000 to AED 690,000 in Jebel Ali and Dubai Production City, with payment plans that run past handover on several schemes.

Before you buy, check

Handover dates slip. Regalia handed over April 2026; Tria handed over October 2026; Rosalia was still in final inspections in mid-2026.
DWTN Residences is a 110-floor, 445-metre tower with a Q4 2030 handover.
Several current schemes sold out from the developer, so the entry route is resale at a premium; check the Oqood registration and any developer transfer fee before paying a resale premium.

All 5 points in full

Handover dates slip. Regalia (promised December 2024) handed over April 2026; Tria (promised 2025) handed over October 2026; Rosalia (promised September 2025) was still in final inspections in mid-2026. Treat published dates as a best case.
DWTN Residences is a 110-floor, 445-metre tower with a Q4 2030 handover. Supertall projects carry more construction and programme risk than Deyaar's usual mid-rise work, and 2030 is a long time to be exposed to the market.
Several current schemes (Rivage, Rosalia, Mar Casa, Park Five's Elm) sold out from the developer, so the entry route is resale at a premium; check the Oqood registration and any developer transfer fee before paying a resale premium.
Locations are secondary: Jebel Ali Industrial 2, Dubai Production City and Dubai Silicon Oasis are priced accordingly and depend on commuting infrastructure. Umm Al Quwain is a new market with a lighter regulatory regime than Dubai.
Governance history: former chief executive Zack Shahin (2004 to 2007) was jailed for 15 years in 2013 for taking bribes while at the company. This predates the current management, but it is part of the record.

Projects

Deyaar projects you can buy

7 projects with a checked page. Starting prices are the developer’s published figures; we send today’s price list on request.

Deyaar · Umm Al Quwain beachfront (Al Raudah)WaterfrontAYA Beachfront ResidencesFrom AED 1.1m≈ £224k · $300kPlan5/25/40/30HandoverQ4 2027

Deyaar · Business BayDWTN ResidencesFrom AED 1.8m≈ £367k · $490kPlan10/40/50HandoverQ4 2030

Deyaar · Downtown Jebel Ali (Jebel Ali Industrial 2)EleveFrom AED 555,850≈ £113k · $151kPlan10/48/12/30HandoverQ2 2027

See all 7 projects4 more with a checked page, a table to compare them

Deyaar · Dubai Production CityPark FiveFrom AED 685,000≈ £140k · $187kPlan10/40/50HandoverSummer 2027 for Phases 1 and 2

Deyaar · Al Reem IslandSold out · resalesRivageLaunched from AED 1.18m≈ £240k · $321kPlanNot publishedHandoverQ4 2027

Deyaar · Dubai Maritime CitySold out · resalesMar CasaLaunched from AED 1.28m≈ £261k · $349kPlan12/56/8/24HandoverDeyaar website end date 1 October 2026

Deyaar · Al FurjanSold out · resalesRosalia ResidencesLaunched from AED 1m≈ £204k · $272kPlan10/50/40HandoverPromised on or before September 2025 at launch

Compare them in a table7 projects the developer is selling: area, plan, handover, bedrooms

Deyaar Development PJSC projects selling now: area, payment plan, handover date and bedrooms
				Bedrooms
DWTN Residences	Business Bay, next to Business Bay metro station	10/40/50	Q4 2030	1, 2, 3, duplexes, penthouses and one 5-bed Royal Palace
Park Five (Elm, Ember, Neem, Ivy, Alder)	Dubai Production City	10/40/50	Summer 2027 for Phases 1 and 2	Studio, 1, 2, 3, plus 2 and 3-bed duplexes in Ivy
AYA Beachfront Residences	Umm Al Quwain beachfront, Al Raudah	5/25/40/30	Q4 2027	1, 2, 3 apartments; 3 and 4-bed duplexes and penthouses; 4-bed sky villas
Eleve	Downtown Jebel Ali (Jebel Ali Industrial 2), on Sheikh Zayed Road	10/48/12/30	Q2 2027	Studio, 1, 2, 3
Rivage	Al Reem Island, Abu Dhabi	Not published	Q4 2027	1, 2, 3, duplexes, sky villas, 4-bed sky palaces
Mar Casa	Dubai Maritime City	12/56/8/24	Deyaar website end date 1 October 2026	1, 2, 3, duplexes, penthouses
Rosalia Residences	Al Furjan, opposite Discovery Gardens 2 metro station	10/50/40	Promised on or before September 2025 at launch	1, 2, 3

Tap a column heading to sort. Dates as checked November 2026.

Track record

Does Deyaar finish on time?

Deyaar finishes what it starts, and its recent handovers are large: 1,436 units in April 2026 and a further 711 in October 2026.

Promised against what happenedProject by project (6)

ProjectRegalia, Business Bay
PromisedDecember 2024 (2021 launch release)
What happenedHandover announced 21 April 2026, about 16 months late. 913 units.
Late
ProjectTria, Dubai Silicon Oasis
Promised2025 (contractor appointment release, March 2023)
What happenedHandover announced 6 October 2026. 711 homes and six retail units.
ProjectMillennium Talia Residences, Al Furjan
Promised2025 (construction start release, July 2023)
What happenedHandover announced 21 April 2026. 161 hotel apartments.
ProjectAmalia Residences, Al Furjan
Promised2025 (construction start release, July 2023)
What happenedCompany's FY2025 construction update reports construction complete and handover under way.
ProjectJannat at Midtown, Dubai Production City
PromisedNot published
What happenedCompany says completed about three months ahead of schedule; handovers under way from March 2026. 362 units.
Early
ProjectRosalia Residences, Al Furjan
PromisedOn or before September 2025 (launch release, January 2024)
What happenedFinishing stage and final authority inspections in Q2 2026; Deyaar website shows end date 31 July 2026. No handover announced as at November 2026.

Projects they have finished6

TriaDubai Silicon Oasis · ApartmentsCompleted 2026

RegaliaBusiness Bay · ApartmentsCompleted 2026

Jannat at MidtownDubai Production City · ApartmentsCompleted 2026

Millennium Talia ResidencesAl Furjan · Hotel apartmentsCompleted 2026

Amalia ResidencesAl Furjan · ApartmentsCompleted 2026

Midtown (Afnan, Dania, Mesk, Noor districts)Dubai Production City · ApartmentsCompleted Not published

Payment plans

Deyaar payment plans

A typical Deyaar plan

10%40%50%

On bookingDuring constructionOn handover

On a home priced at AED 1,000,000 that is AED 100,000 on booking, AED 400,000 during construction, AED 500,000 on handover. Government registration fees are paid on top.

Payment plansVary by project. Park Five Elm 10/40/50; Park Five Ivy 10/35/55; DWTN 10/40/50 with the construction 40% in instalments; Rosalia 10/50/40.

Vary by project. Park Five Elm 10/40/50; Park Five Ivy 10/35/55; DWTN 10/40/50 with the construction 40% in instalments; Rosalia 10/50/40. Eleve, Mar Casa and AYA plans are shown on portals only (10/48/12/30, 12/56/8/24 and 5/25/40/30 respectively) and should be confirmed with Deyaar.

Post-handover plansRosalia carries 40% over 40 months after handover.

Rosalia carries 40% over 40 months after handover. Portals show post-handover elements on Eleve (30%), Mar Casa (24%) and AYA (30%). Amalia was marketed with plans of up to five years at launch in 2022. Not every scheme has one; DWTN and Park Five are 50% or 55% on handover.

Golden VisaDeyaar does not publish Golden Visa guidance.

Deyaar does not publish Golden Visa guidance. Under current UAE rules a property purchase of AED 2 million or more can qualify; most Deyaar one-beds fall below that, so buyers would need a larger unit or more than one unit. Confirm with the relevant authority.

Mortgages on off-planNot published by Deyaar. UAE banks typically lend on off-plan at lower loan-to-value than on completed homes and only on registered developers' projects; Deyaar is RERA-registered.

Not published by Deyaar. UAE banks typically lend on off-plan at lower loan-to-value than on completed homes and only on registered developers' projects; Deyaar is RERA-registered (reference 15/07).

Service chargesNot published for the current launches. Check the RERA service charge index for the building once it is registered, and compare with Deyaar's completed towers in the same area.

Not published for the current launches. Check the RERA service charge index for the building once it is registered, and compare with Deyaar's completed towers in the same area (Midtown, Regalia, Tria).

Buyer protectionDubai projects use DLD escrow accounts and Oqood registration under RERA rules.

Dubai projects use DLD escrow accounts and Oqood registration under RERA rules. Rivage is in Abu Dhabi under ADREC rules. AYA is in Umm Al Quwain, where the chief executive himself said in February 2025 that further real estate regulation would come 'in due course'; buyers there have less protection than in Dubai.

Is Deyaar right for you?

Deyaar suits buyers who want a listed, bank-backed developer at mid-market prices and can accept secondary locations and a handover date that may slip.

Talk to an adviser or send an enquiry

More about Deyaar

Prices and rental returnsDeyaar does not publish resale or rental performance for its projects.

DWTN Residences (1-bed, 896 sq ft)

AED 2,610/sq ftNot published yield

DWTN Residences (2-bed, 1,367 sq ft)

AED 3,090/sq ftNot published yield

AYA Beachfront Residences

Not availableAbout 8% expected yield

See the full figures

Deyaar does not publish resale or rental performance for its projects. The only public data points are portal transaction records. On DWTN Residences a major portal records a 896 sq ft one-bed resold at AED 2,336,264 in August 2026 (about AED 2,610 psf) against a June 2025 launch price of AED 1.8 million for the entry one-bed, and a 1,367 sq ft two-bed resold at AED 4,229,635 in July 2026 (about AED 3,090 psf). These are single transactions, not an index. For Umm Al Quwain, Deyaar's chief executive cited expected rental yields of about 8% at the AYA launch; that is a developer forecast, not a measured figure. Buyers should check the Dubai Land Department transaction record for the specific building before relying on any of this.

Community	Price per sq ft	Change	Gross yield
DWTN Residences (1-bed, 896 sq ft)	About AED 2,610 psf (August 2026 resale)	Launch entry one-bed was AED 1.8 million (June 2025); unit-level comparison not available	Not published
DWTN Residences (2-bed, 1,367 sq ft)	About AED 3,090 psf (July 2026 resale)	Not available	Not published
AYA Beachfront Residences	Not available	Not available	About 8% expected (developer forecast, February 2025)

Asking prices, gross yields, as checked November 2026. Work out a net return

Questions about Deyaar7 answered from this page’s facts

Is Deyaar a reliable developer?

Deyaar is one of the older names in Dubai property: set up in 2001 out of Dubai Islamic Bank's property arm, listed on the DFM in 2007, and still majority-owned by the bank.

Who owns Deyaar?

Deyaar Development PJSC is listed on the Dubai Financial Market. Dubai Islamic Bank holds 44.98% and the rest is in public hands.

Does Deyaar deliver on time?

It delivers, but often later than first promised. Regalia came about 16 months after its launch-date promise, Tria and Talia roughly a year late, while Jannat was about three months early. Plan for the published date to move.

Which Deyaar projects can I still buy from the developer?

As at November 2026, DWTN Residences, Park Five (later phases), AYA and Eleve were being marketed on Deyaar's website. Rivage, Rosalia and Mar Casa sold out from the developer and are resale only. Availability changes quickly; confirm with Deyaar.

What does 'Downtown Residences' and 'DWTN' refer to?

The same project. Deyaar announced it as Downtown Residences in June 2025 and now markets it as DWTN Residences. Deyaar's own construction updates place it in Business Bay, next to Business Bay metro station, not in the Downtown Dubai district.

Is Villa Amalfi a Deyaar project?

No. Villa Amalfi is a completed villa scheme on Jumeirah Bay Island by Meraas. It is sometimes listed alongside Deyaar's Amalia Residences in Al Furjan, which is a different project.

Does Deyaar sell offices or retail?

Not as standalone launches at present. Its current towers include ground-floor retail (Eleve, Rosalia, Park Five) and Tria was handed over with six retail units. The company describes itself as having six business units including property, facility and asset management. No office or retail off-plan launch was found for 2025 or 2026.

Everything elseHistory, company facts, sources

Deyaar’s story

January 2001Established as a private shareholding company out of Dubai Islamic Bank's property management unit; operations began June 2003.
May 2007Converted to a public joint-stock company and listed on the Dubai Financial Market.
March 2013Former CEO Zack Shahin sentenced to 15 years by a Dubai court for taking AED 20 million in bribes while running the company between 2004 and 2007; he and co-defendants were ordered to repay AED 28.6 million to Deyaar.
July 2021Launched the AED 1 billion, 70-storey Regalia in Business Bay with completion promised for December 2024.
October 2022Board approved an AED 500 million cash settlement from Limitless in a long-running land dispute, following a 2019 court award of AED 411.9 million plus fees.
March 2023Launched the AED 1.1 billion, 52-storey Mar Casa at Dubai Maritime City; it sold out.
January 2024FY2023 net profit rose 206% to AED 440.7 million; launched Rosalia Residences in Al Furjan (sold out).
February 2024Launched the AED 700 million, 33-storey Eleve in Downtown Jebel Ali.
November 2024Entered Abu Dhabi with Rivage on Al Reem Island, a joint venture with Arady Properties; announced a complete sell-out on 19 November 2024.
December 2024Launched the AED 1.5 billion Park Five community in Dubai Production City (Elm and Ember first).
February 2025Launched AYA Beachfront Residences in Umm Al Quwain (442 homes in Phase 1) and Park Five Phase 2 (Neem, 343 units).
June 2025Unveiled Downtown Residences (now DWTN Residences): 445 metres, 110-plus floors, 522 homes, handover Q4 2030.
September 2025Launched Ivy and Alder, the final 277-unit phase of Park Five.
February 2026FY2025 revenue AED 1,972 million (up 30%), profit before tax AED 638 million; 5% dividend proposed; pipeline of about AED 7 billion.
April 2026Handed over 1,436 units across Regalia (913), Jannat at Midtown (362) and Millennium Talia Residences (161).
October 2026Handed over Tria in Dubai Silicon Oasis (711 homes), taking 2026 deliveries past 2,100 units; nine-month profit before tax AED 541.5 million, up 27%.

Founded: Established 6 January 2001 as a private shareholding company; began operations 1 June 2003. Company press releases variously cite 2001 and 2002.
Ownership: Public joint-stock company listed on the Dubai Financial Market since 2007 (ticker DEYAAR). Dubai Islamic Bank holds 44.98%.
Homes delivered: More than 23 million sq ft delivered across Dubai and the UAE (company statement, April 2026). More than 2,100 units handed over in 2026 to October.
Projects: Seven schemes on sale or under construction: DWTN Residences, Park Five, AYA, Eleve, Rivage (Abu Dhabi), Mar Casa and Rosalia. Development pipeline of about AED 7 billion (February 2026).
Credit rating: Not published. Listed company: FY2025 revenue AED 1,972 million, profit before tax AED 638 million, total assets AED 8,028 million.
Best known for: Midtown in Dubai Production City, Regalia in Business Bay, Central Park Towers, and the Millennium-branded hotel apartments it develops (Talia is its fourth Millennium property).

Compare with all 28 developers

Sources and how we checked48 sources, checked November 2026

Facts checked November 2026 from the developer’s own announcements and results, Dubai Land Department records (via Property Finder, DXBinteract and Propsearch), Bayut market reports and the press. Figures given by the developer are labelled as theirs. This page is information, not financial advice.