Slide 1: Deyaar Development PJSC Investor Presentation Q3 2022
DEYAAR DEVELOPMENT PJSC Investor Presentation Q3 2022
Slide 2: Disclaimer
Disclaimer This presentation is being made available to recipients for information purposes only. It does not constitute, nor is it intended to be an offer to sell, or an invitation to subscribe for, or purchase, any properties or shares in Deyaar group (the Company). The information contained herei
Slide 3: Table of Content
TABLE OF CONTENT ❖ COMPANY PROFILE 4 ❖ OWNERSHIP STRUCTURE & STOCK PERFORMANCE 11 ❖ Q3 KEY PERFORMANCE HIGHLIGHTS 14 ❖ FINANCIAL PERFORMANCE 17 ❖ CURRENT PROJECT PORTFOLIO 21 3
Slide 4: Company Profile
DEYAAR “= COMPANY PROFILE
Slide 5: Vision, Mission & Values
Vision, Mission & Values VISION To be known as a trusted, integrated real-estate Partner, creating value for stakeholders, society, and the economy. MISSION To create an urban environment that meets the high standards set by the nation’s leaders, with a diverse portfolio of quality real estate devel
Slide 6: Organization Structure
Organization Structure JL—3> DEYAAR Board Secretary 8 -_ __ Erocatve secretary Head of Complance cee cones | ; | | | ratte
Slide 7: Business Segments
Business Segments Founded in 2002, Deyaar Development PJSC (listed in Dubai Financial Market) is one of Dubai’s leading property developers and real estate service providers in UAE, headquartered in Dubai. Deyaar has 7 divisions grouped into 3 main business segments with the current biggest contribu
Slide 8: Service Business
Service Business • Manages properties on behalf of landlords and provides services such as property inspection, appraisals, tenancy contract management, rental collection, payments, operational and legal Property Management assistance • Operates across all emirates of UAE • Manages over 15,000 units
Slide 9: Property Development
Property Development • This division is responsible for development of properties with exceptional design and superlative quality. • Projects are in affluent Downtown address (Business bay) as well as Dubai’s celebrated community areas, suburbs, and districts (Dubai Marina, Al Barsha, DIFC, Jumeirah
Slide 10: Recurring Income Business
Recurring Income Business • Deyaar owns several assets across residential, offices, and retail asset classes in different micro-markets and generates leasing revenue from Asset Management such assets. • The assets are in Business Bay, IMPZ, DIFC, DSO, JLT, and TECOM. • Central Park in DIFC – 50:50 J
Slide 11: Ownership Structure & Stock Performance
OWNERSHIP STRUCTURE & STOCK PERFORMANCE 11
Slide 12: Ownership Structure
Ownership Structure 41% 59% Dubai Islamic Bank holds 41% of shares of Deyaar Dubai Islamic Bank Others 7000 AED 5,778 6000 Mn AED 4,375 5000 Mn • In the General Assembly Meeting held on 27 April 2022, the shareholders approved the capital reduction of the company to write-off the 4000 accumulated lo
Slide 13: Stock Performance
Stock Performance Source: https://www.deyaar.ae/en/share-price Performance of Deyaar share price vs DFM General Index Vs DFM Real Estate Index 13 13
Slide 14: Q3 Key Performance Highlights
Q3 KEY PERFORMANCE HIGHLIGHTS 14
Slide 15: Q3 key performance highlights
Revenues (YTD) +38% EBITDA (YTD) +128% Total Assets (YTD) +10% AED 577.2 mn AED 140.4 mn AED 6,138.7 mn (YTD 2021 : AED 418.2 mn) (YTD 2021 : AED 83.8 mn) (YTD 2021 : AED 5,600.1 mn) Gross Debt/ Cash And Bank Book Value Per Share Capitalization AED 661.5 mn 21% AED 1.02 (YTD 2021 : AED 404.6 mn) (YT
Slide 16: Real Estate Investment Properties Assets Held for Sale & Development
Real Estate Investment Properties Assets Held for Sale & Development ▪ Deyaar’ Assets held for sale are valued at AED 1508.85 ▪ Deyaar’ Real Estate Investment properties are valued million as of Q3’2022 (carried at Lower of Cost or Net at AED 762.7 million (carried at fair value) as of Realizable Va
Slide 17: Financial Performance
une ann ann JL—3> DEYAAR we SS FINANCIAL PERFORMANCE “~ * I | 17
Slide 18: Profit & Loss Statement Snapshot
Profit & Loss Statement Snapshot AED Million Q3'2022 Q3'2021 Variance (%) 9M 2022 9M 2021 Variance (%) Gross Revenue 207.7 120.7 72% 577.2 418.2 38% Gross Margin 67.2 45.7 47% 195.2 148.1 32% Margin (%) 32% 38% 34% 35% General Admin Expenses (excluding Depreciation & Impairment) 36.3 28.6 27% 116.4
Slide 19: Segment Analysis
Segment Analysis 700.00 Asset 600.00 Management 94.40 16% 500.00 100.10 400.00 64.00 Service Sector 300.00 81.70 17% 200.00 388.40 277.70 100.00 - 9M 2022 9M 2021 Property Property Development Service Sector Asset Management Development 67% Segment Wise Revenue Comparison 9M 2022 vs 9M 2021 Revenue
Slide 20: Balance Sheet & Cash Flow Overview
Balance Sheet & Cash Flow Overview Balance Sheet Overview Cash & Bank Balance Movement Total: AED 6,138.7 million 1% Other Current Liabilities 17% Trade and other payables 8% Advances from customers 27% Other Non-Current Liabilities 3% Long term Borrowings 2% Other Current Assets 25% Other Non-Curre
Slide 21: Current Project Portfolio
CURRENT PROJECT PORTFOLIO 21
Slide 22: On-going Projects: TRIA
On-going Projects Project Name of Project Type of Project Completion Status Purpose (as of Q3-22) Residential Tender in TRIA Sale Apartments Progress Project Units Available % of Units Sold Total Sales Value (till Q3-22) Completion Date for Sale (Expected) AED 666.4 mn 711 48.24% Q2' 2025 22 22
Slide 23: On-going Projects: Regalia
On-going Projects Project Name of Project Type of Project Completion Status Purpose (as of Q3-22) Residential REGALIA 11.27% Sale Apartments Project Units Available % of Units Sold Total Sales Value (till Q3-22) Completion Date for Sale (Expected) AED 1,037.2 mn 911 99.80% Q4' 2024 23 23
Slide 24: On-going Projects: Afnan & Dania
On-going Projects Project Name of Project Type of Project Completion Status Purpose (as of Q3-22) Residential AFNAN & DANIA Apartments 100.00% Sale & Lease (Zone 2 & 3) Project Units Available % of Units Sold Total Sales Value (till Q3-22) Completion Date for Sale (Expected) AED 953.8 mn 1139 99.39%
Slide 25: On-going Projects: Noor & Mesk
On-going Projects Project Name of Project Type of Project Completion Status Purpose (as of Q3-22) Residential Zone 4 - 83.33% NOOR & MESK Apartments Sale & Lease Zone 5 - 99.24% (Zone 4 & 5) Project Units Available % of Units Sold Total Sales Value (till Q3-22) Completion Date for Sale (Expected) AE
Slide 26: Thank You
DEYAAR THANK YOU