Deyaar Development (p.j.s.c) · DFM:DEYAAR
Deyaar Development (p.j.s.c) — Q1 2023 Earnings Presentation
24 slides from Deyaar Development (p.j.s.c)'s earnings presentation, 2023
Slide 1: Deyaar Development PJSC Investor Presentation Q1 2023
DEYAAR DEVELOPMENT PJSC Investor Presentation Q1 2023
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 ❖ KEY HIGHLIGHTS 4 ❖ FINANCIAL RESULTS 7 ❖ PROJECTS UPDATE 10 ❖ COMPANY PROFILE 17 ❖ OWNERSHIP STRUCTURE & STOCK PERFORMANCE 21 3
Slide 4: Key Highlights
KEY HIGHLIGHTS 4
Slide 5: Key financial highlights Q1 2023
Revenues (YTD) +93% EBITDA (YTD) +99.8% Total Assets (YTD) +5% AED 312.5 Mn AED 69.13 Mn AED 6,239.9 Mn (YTD 2022 : AED 161.9 Mn) (YTD 2022 : AED 34.60 Mn) (YTD 2022 : AED 5,932.1 Mn) Debt/Equity Cash And Bank Earnings Per Share Ratio AED 1,004.9 Mn 19.77% Fils 1.29 (YTD 2022 : AED 525.8 Mn) (YTD 20
Slide 6: 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 1,345.57 ▪ Deyaar’ Real Estate Investment properties are valued million as of Q1’2023 (carried at Lower of Cost or Net at AED 763.1 million (carried at fair value) as of Realizable V
Slide 7: Financial Results
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Slide 8: Profit & Loss Statement Snapshot
Profit & Loss Statement Snapshot Key Highlights (YoY): A. Increase in revenue is mainly attributable to increase in Property Development revenue by AED 141 Mn due to recognition of revenues in Regalia, Noor & Mesk. Revenue Direct cost B. Increase in general admin. expenses is mainly attributable to
Slide 9: Segment Analysis
Segment Analysis 350.00 Asset 300.00 Management 46.48 15% 93% 250.00 34.72 Service Sector 200.00 11% 150.00 41.22 231.34 30.11 100.00 50.00 90.57 Property - Development YTD Mar'23 YTD Mar'22 74% Property Development Service Sector Asset Management Segment Wise Revenue Comparison YTD Mar- 2023 vs YTD
Slide 10: Projects Update
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Slide 11: TRIA project status
Project Name of Project Type of Project Completion Status Purpose (as of Q1-23) Residential TRIA Tender Awarded Sale Apartments Units Available % of Units Sold Project Completion Total Sales Value for Sale (till Q1-23) Date (Expected) AED 666.3 Mn 711 72.29% Q2' 2025 11 11
Slide 12: Mar Casa project status
Project Name of Project Type of Project Completion Status Purpose (as of Q1-23) Residential Mar Casa Project Launced Sale Apartments Units Available % of Units Sold Project Completion Total Sales Value for Sale (till Q1-23) Date (Expected) AED 1157.7 Mn 580 0.00% Q4' 2026 12 12
Slide 13: Amalia Residence project status
Project Name of Project Type of Project Completion Status Purpose (as of Q1-23) Residential Amalia Residence Project Launced Sale Apartments Units Available % of Units Sold Project Completion Total Sales Value for Sale (till Q1-23) Date (Expected) AED 105.1 mn 95 4.21% Q1' 2025 13 13
Slide 14: Regalia project status
Project Name of Project Type of Project Completion Status Purpose (as of Q1-23) Residential REGALIA 21.78% Sale Apartments Units Available % of Units Sold Project Completion Total Sales Value for Sale (till Q1-23) Date (Expected) AED 1037.2 Mn 911 100% Q4' 2024 14 14
Slide 15: Afnan & Dania project status
Project Name of Project Type of Project Completion Status Purpose (as of Q1-23) Residential AFNAN & DANIA Apartments 100% Sale & Lease (Zone 2 & 3) Units Available % of Units Sold Project Completion Total Sales Value for Sale (till Q1-23) Date (Expected) AED 954 Mn 1148 99.39% Completed 15 15
Slide 16: Noor & Mesk project status
Project Name of Project Type of Project Completion Status Purpose (as of Q1-23) Residential Zone 4 - 99.53% NOOR & MESK Apartments Sale & Lease Zone 5 - 100% (Zone 4 & 5) Units Available % of Units Sold Project Completion Total Sales Value for Sale (till Q1-23) Date (Expected) Zone 4 - Q2' 2023 AED
Slide 17: Company Profile
DEYAAR “= COMPANY PROFILE 17
Slide 18: 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 19: Organization Structure
Organization Structure 19 19
Slide 20: 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 21: Ownership Structure & Stock Performance
OWNERSHIP STRUCTURE & STOCK PERFORMANCE 21
Slide 22: 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 23: 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 23 23
Slide 24: Thank You
DEYAAR THANK YOU
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