47 slides from Deyaar Development (p.j.s.c)'s earnings presentation, February 2025
Slide 1: Investor Presentation 2024
February 2025 INVESTOR PRESENTATION 2024
Slide 2: Management Presenters
February 2025 2 MANAGEMENT PRESENTERS SAEED MOHAMMED HANI FANSA AL QATAMI Chief Operating & Transformation Chief Executive Officer Officer
Slide 3: Disclaimer
February 2025 3 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
Slide 4: Table of Contents
February 2025 4 5 Company Profile 10 Financial Performance Overview 16 Business & Operational Highlights TABLE OF CONTENTS 34 Growth Strategy 38 UAE Real Estate Market & Industry Insights 46 Q & A Session
Slide 5: Company Profile
COMPANY PROFILE
Slide 6: Vision, Mission, and Values
February 2025 6 VISION, MISSION, AND VALUES Guiding Principles for Success Vision Mission Values To create an urban environment Ethical and transparent; To be known as a trusted, that meets the high standards set Enterprising and agile, integrated real-estate Partner, by the nation’s leaders, with a
Slide 7: Awards and Recognitions
February 2025 7 AWARDS AND RECOGNITIONS 2016 2018 2023 IRECMS Dubai Forbes Middle East Gulf Real Estate Gold Award for the Safest Deyaar was named among Prestigious Best Real Community of the Year at the Arab world's leading Estate Project under the the IRECMS Dubai Awards real estate companies by A
Slide 8: Organization Structure
February 2025 8 ORGANIZATION STRUCTURE SHAREHOLDERS BOARD OF DIRECTORS RISK COMMITTEE NOMINATION AND REMUNERATION COMMITTEE RISK MANAGEMENT EXECUTIVE COMMITTEE AUDIT COMMITTEE CHIEF EXECUTIVE OFFICER INSIDER TRADING COMMITTEE COMPLIANCE INTERNAL AUDIT IT STEERING COMMITTEE EXECUTIVE MANAGEMENT DEPAR
Slide 9: Business Segments
February 2025 9 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 curr
Slide 10: Financial Performance Overview
FINANCIAL PERFORMANCE OVERVIEW
Slide 11: Key Financial Highlights
February 2025 11 Revenues (YTD) +21% Pre-Tax Net Profit (YTD) +15% EBITDA (YTD) +57% AED 1,512.8 Mn AED 505.4 Mn AED 471.0 Mn (2023: AED 1,254.3 Mn) (2023: AED 440.7 Mn) (2023: AED 299.6 Mn) Total Assets (YTD) +6% Cash & Bank balance Earnings Per Share AED 6,947.5 Mn AED 1,858.6 Mn Fils 10.83 (2023:
Slide 12: Revenue Growth & EBITDA Growth
February 2025 12 REVENUE GROWTH & EBITDA GROWTH Amt AED Mn Key Insights: 600.0 1,512.8 1,600 ▪ Consolidated Revenue (Blue Line): Shows a consistent upward trend, increasing from AED 1,400 1,254.3 412.9 Mn in 2020 to AED 1,512.8 Mn in 2024. This indicates strong business growth. 450.0 1,200 ▪ Consoli
Slide 13: Balance Sheet & Cash Flow Overview
February 2025 13 BALANCE SHEET & CASH FLOW OVERVIEW Debt Maturity Profile – Dec 2024 (AED Million) Currency: AED million Dec 24 Debt 475.3 121.4 Cash 1,858.6 110.5 Net Debt (1,383.3) Equity 5,294.8 Total Assets 6,947.5 Undrawn facility (approx.) ~800 63.4 60.0 60.0 60.0 Currency: AED million Dec 24
Slide 14: Balance Sheet & Cash Flow Overview – Contd.
February 2025 14 BALANCE SHEET & CASH FLOW OVERVIEW – CONTD. Total : AED 6,947.5 Mn Cash & Cash Equivalent Balances Others Assets 2% 7% Borrowings Property and equipment 8% 330.0 Investments in a joint 579.5 venture and an associate 20% 1,858.6 (383.5) Investment properties 13% 1,332.6 76% Share Cap
Slide 15: Growth in Deyaar Share Price
February 2025 15 GROWTH IN DEYAAR SHARE PRICE Price Trend: The stock was trading around 0.20 AED in early 2020.It saw a significant upward movement in mid-2021 and again in late 2023 to early 2024.The latest price is 0.93 AED, with a high of 1.00 AED. Volume Activity: There were notable spikes in tr
Slide 16: Business & Operational Highlights
BUSINESS & OPERATIONAL HIGHLIGHTS
Slide 17: Projects Updates
PROJECTS UPDATES
Slide 18: Rivage, Al Reem Island
February 2025 18 RIVAGE, AL REEM ISLAND - Stepping stone into Abu Dhabi’s Thriving Future Type of Project Total Sales Value: Residential Apartments AED 740.2 Mn Units Available for Sale: % Units Sold till Q4-24 364 Units 83.5% Expected Project Completion % Completion till Q4-24 H2 - 2027 Project Lau
Slide 19: Park Five – Elm
February 2025 19 PARK FIVE – ELM - A new vibrant community project Type of Project Total Sales Value: Residential Apartments AED 526.9 Mn Units Available for Sale: % Units Sold till Q4-24 526 Units 24.5% Expected Project Completion % Completion till Q4-24 H1 - 2027 Project Launched
Slide 20: Marcasa Update
February 2025 20 MARCASA UPDATE Type of Project Total Sales Value: Residential Apartments AED 1,166.3 Mn Units Available for Sale: % Units Sold till Q4-24 580 Units 99.7% Expected Project Completion % Completion till Q4-24 H1 - 2027 18.9%
Slide 21: Regalia Update
February 2025 21 REGALIA UPDATE Type of Project Total Sales Value: Residential Apartments AED 1,037.2 Mn Units Available for Sale: % Units Sold till Q4-24 911 Units 100% Expected Project Completion % Completion till Q4-24 H2-2025 77.9%
Slide 22: Tria Update
February 2025 22 TRIA UPDATE Type of Project Total Sales Value: Residential Apartments AED 665.8 Mn Units Available for Sale: % Units Sold till Q4-24 711 Units 100% Expected Project Completion % Completion till Q4-24 H2 - 2025 50.23%
Slide 23: Eleve Update
February 2025 23 ELEVE UPDATE Type of Project Total Sales Value: Residential Apartments AED 1,037.2 Mn Units Available for Sale: % Units Sold till Q4-24 814 Units 63.5% Expected Project Completion % Completion till Q4-24 H2 - 2027 Enabling Contractor Appointed
Slide 24: Jannat Update
February 2025 24 JANNAT UPDATE Type of Project Total Sales Value: Residential Apartments AED 378.9 Mn Units Available for Sale: % Units Sold till Q4-24 360 Units 97.2% Expected Project Completion % Completion till Q4-24 H1 - 2026 35.3%
Slide 25: Amalia Update
February 2025 25 AMALIA UPDATE Type of Project Total Sales Value: Residential Apartments AED 105.1 Mn Units Available for Sale: % Units Sold till Q4-24 95 Units 100% Expected Project Completion % Completion till Q4-24 H1 - 2025 78.6%
Slide 26: Talia Update
February 2025 26 TALIA UPDATE Type of Project Total Sales Value: Residential Apartments AED 175.9 Mn Units Available for Sale: % Units Sold till Q4-24 159 Units 58.5% Expected Project Completion % Completion till Q4-24 H2- 2025 78.6%
Slide 27: Rosalia Update
February 2025 27 ROSALIA UPDATE Type of Project Total Sales Value: Residential Apartments AED 150.5 Mn Units Available for Sale: % Units Sold till Q4-24 117 Units 100% Expected Project Completion % Completion till Q4-24 H2- 2025 55.7%
Slide 28: Noor and Mesk Update
February 2025 28 NOOR AND MESK UPDATE Type of Project Total Sales Value: Residential Apartments AED 765.2 Mn Units Available for Sale: % Units Sold till Q4-24 793 Units 98.6% Expected Project Completion % Completion till Q4-24 Project Completed 100%
Slide 29: Afnan & Dania Update
February 2025 29 AFNAN & DANIA UPDATE Type of Project Total Sales Value: Residential Apartments AED 940.7 Mn Units Available for Sale: % Units Sold till Q4-24 1229 Units 99.8% Expected Project Completion % Completion till Q4-24 Project Completed 100%
Slide 30: Segment Analysis
February 2025 30 SEGMENT ANALYSIS Revenue Share % by Segment (YoY) EBITDA Share % by Segment (YoY) YTD Dec’2024 (A) YTD Dec’2023 (A) YTD Dec’2024 (A) YTD Dec’2023 (A) Property Development Property Development Property Development Property Development Service Sector (PM, FM & DCM) Service Sector (PM,
Slide 31: Real Estate Investment Properties and Assets Held for Sale
February 2025 31 REAL ESTATE INVESTMENT ASSETS HELD FOR SALE PROPERTIES AND DEVELOPMENT Completed Mix Use Projects Service 15% Apartments Building 35% 22% Parking Spaces 8% Plots 58% Stores Units 2% Underconstruction Projects Retail Units 27% 33% Deyaar Real Estate Investment properties are carried
Slide 32: ARR (Average Room Rate) Growth – Hospitality Segment
February 2025 32 ARR (AVERAGE ROOM RATE) GROWTH – HOSPITALITY SEGMENT Occupancy Rate (%) Average Room Rate (AED) 90% 500 450 85% 400 350 80% 300 250 75% 200 150 70% 100 50 65% 0 2021 2022 2023 2024 2021 2022 2023 2024 ▪ Occupancy Rate: Increased from 2021 to 2023, peaking at ~85%, but slightly decli
Slide 33: Rates and Occupancy Growth – Asset Management Segment
February 2025 33 RATES AND OCCUPANCY GROWTH – ASSET MANAGEMENT SEGMENT Occupancy Rate (%) 88% Rental Rates (AED/psf) 86% 120 84% 100 82% 80% 80 Apartment 78% 60 Office 76% Retail 74% 40 Store 72% 20 70% 2021 2022 2023 2024 - Assets NOI (%) 2021 2022 2023 2024 72% 70% ▪ Occupancy Rate: Declined from
Slide 34: Growth Strategy
GROWTH STRATEGY
Slide 35: Deyaar Strategic Plan – Property Development
February 2025 35 DEYAAR STRATEGIC PLAN PROPERTY DEVELOPMENT Objective ▪ Achieve an average ▪ Diversify into new asset annual turnover of AED 2 classes, such as billion over the next five townhouses and villas, to years cater to a broader customer base ▪ Increase the land bank ▪ Create exceptional va
Slide 36: Deyaar Strategic Plan – Property Development Action Plan
February 2025 36 DEYAAR STRATEGIC PLAN PROPERTY DEVELOPMENT Action Plan ▪ Launch projects in ▪ Explore opportunities for ▪ Develop targeted next 2 years on Villa project community to Junketing campaigns to remaining land banks. elevate Deyaar brand to reach specific customer be one of the master seg
Slide 37: Deyaar Strategic Plan – Asset Management
February 2025 37 DEYAAR STRATEGIC PLAN ASSET MANAGEMENT Objective ▪ Review existing assets ▪ Increase assets under under management to management to generate a rebalance portfolio with healthy and sustainable respect to mix, quality annual income and ensure and asset yield adequate returns to shareh
Slide 38: UAE Real Estate Market & Industry Insights
UAE Real Estate Market & Industry Insights
Slide 39: UAE Market Update
February 2025 39 UAE MARKET UPDATE The UAE’s real estate sector sustained strong growth in 2024, driven by increased projects and infrastructure investments. ▪ Total Transactions: AED 893 billion across 331,300 transactions. Mortgage transactions alone exceeded AED 229.3 billion. ▪ Abu Dhabi: AED 79
Slide 40: Industry Insights
February 2025 40 INDUSTRY INSIGHTS The UAE remains a top destination for international investors, offering strong returns, innovation, and luxury. Key trends include: ▪ Market Resilience: Investor-friendly policies like long-term visas and digital transactions helped stabilize the market during glob
Slide 41: Macro Economic Outlook
February 2025 41 MACRO ECONOMIC OUTLOOK ▪ In 2025, the UAE is set to remain the fastest-growing economy in the GCC region. ▪ The UAE’s 2025 GDP growth forecasts are ranging from: o 6.2 percent by the Central Bank of the UAE, o 5.1 percent by the International Monetary Fund, and o 4.1 percent by the
Slide 42: Macro Economic Outlook – Contd.
February 2025 42 MACRO ECONOMIC OUTLOOK – CONTD. ▪ The seasonally adjusted S&P Global UAE Purchasing Managers' Index (PMI) rose to 54.1 in September from 53.7 in July, remaining well above the 50.0 mark that separates growth from contraction and is expected to continue well into 2025. Source: CBRE Q
Slide 43: Residential Market: Supply / Demand / Rent Overview
February 2025 43 RESIDENTIAL MARKET : SUPPLY / DEMAND / RENT OVERVIEW ▪ 2024 Completions: Approximately 53,000 homes, with 50,700 expected in 2025 after adjusting for typical delays. ▪ Demand Projections: Between 30,000 to 57,000 homes needed annually in 2025, driven by population growth scenarios.
Slide 44: Offices Market: Supply / Demand Overview
February 2025 44 OFFICES MARKET : SUPPLY / DEMAND OVERVIEW ▪ New Demand: Recorded 578,353 sqft of new office space requirements in H1 24, equating to 71% of 2023's total. ▪ 24-28 Supply Pipeline: Developers plan to add approximately 4.2 million sqft of prime office space, reflecting robust confidenc
Slide 45: Retail Market: Supply / Demand Overview
February 2025 45 RETAIL MARKET : SUPPLY / DEMAND OVERVIEW ▪ Retail Supply: Retail stock reached approximately 4.5 million sqm, with an additional 650,000 sqm under development. ▪ 2025 Projections: An estimated 350,000 sqm of new retail space expected, with the bulk in high-demand mixed-use and touri
Slide 46: Q & A Session
Q & A Session
Slide 47: Thank You
February 2025 47 Thank You Deyaar Development PJSC Name: Ms. Batool Chreidi Email: ir@deyaar.ae – batoolc@deyaar.ae Phone: +971 4 384 0909 https://myirapp.com/Deyaar/