{"id":13891,"date":"2019-10-24T06:09:51","date_gmt":"2019-10-24T06:09:51","guid":{"rendered":"https:\/\/onplan.ae\/deyaar-posts-aed-53m-net-profit-in-9m\/"},"modified":"2019-10-24T06:09:51","modified_gmt":"2019-10-24T06:09:51","slug":"deyaar-posts-aed-53m-net-profit-in-9m","status":"publish","type":"post","link":"https:\/\/onplan.ae\/ar\/deyaar-posts-aed-53m-net-profit-in-9m\/","title":{"rendered":"Deyaar posts AED 53m net profit in 9M"},"content":{"rendered":"<div>\n<p><strong>Dubai &#8211; Mubasher<\/strong>: <a href=\"https:\/\/english.mubasher.info\/markets\/DFM\/stocks\/DEYAAR\">Deyaar Development<\/a>, a leading property developer and real estate service provider in the UAE, on Thursday reported its financial results for the first nine months of 2019.<\/p>\n<p>The Dubai-based developer has recorded a net profit of AED 53 million for the nine-month period ended 30 September of 2019, according to a press release.<\/p>\n<p>The company has generated revenues of AED 483.3 million for the January-September period of 2019, up by 3.6% from AED 466 million in the corresponding period of 2018.<\/p>\n<p>Saeed Al Qatami, CEO of Deyaar, said: \u201cThis year has seen Deyaar\u2019s hospitality portfolio well and truly established, with the opening of the Millennium Atria Business Bay and Millennium Al Barsha. These three premium projects will deliver future recurring income.\u201d<\/p>\n<p>\u201cThe Afnan District, part of our first integrated urban community, Midtown, is completed, which will mark a momentous occasion as we prepare to welcome residents into this outstanding family-friendly development,\u201d Al Qatami added.<\/p>\n<p>The Afnan District features 659 apartments across seven buildings, ranging from studios through to three-bedroom units, all of which are sold out and getting ready for delivery.<\/p>\n<p>Meanwhile, Dania, the second of Midtown\u2019s six districts, has 579 apartments and is expected to be completed by the end of 2019.<\/p>\n<p>In the <a href=\"https:\/\/english.mubasher.info\/news\/3512714\/Deyaar-logs-AED-36-7m-net-profit-in-H1\">first half of 2019<\/a>, Deyaar had posted a net profit of AED 36.7 million, compared to AED 65.2 million in H1-18.<\/p>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"<div>\n<p><strong>Dubai &#8211; Mubasher<\/strong>: <a href=\"https:\/\/english.mubasher.info\/markets\/DFM\/stocks\/DEYAAR\">Deyaar Development<\/a>, a leading property developer and real estate service provider in the UAE, on Thursday reported its financial results for the first nine months of 2019.<\/p>\n<p>The Dubai-based developer has recorded a net profit of AED 53 million for the nine-month period ended 30 September of 2019, according to a press release.<\/p>\n<p>The company has generated revenues of AED 483.3 million for the January-September period of 2019, up by 3.6% from AED 466 million in the corresponding period of 2018.<\/p>\n<p>Saeed Al Qatami, CEO of Deyaar, said: \u201cThis year has seen Deyaar\u2019s hospitality portfolio well and truly established, with the opening of the Millennium Atria Business Bay and Millennium Al Barsha. These three premium projects will deliver future recurring income.\u201d<\/p>\n<p>\u201cThe Afnan District, part of our first integrated urban community, Midtown, is completed, which will mark a momentous occasion as we prepare to welcome residents into this outstanding family-friendly development,\u201d Al Qatami added.<\/p>\n<p>The Afnan District features 659 apartments across seven buildings, ranging from studios through to three-bedroom units, all of which are sold out and getting ready for delivery.<\/p>\n<p>Meanwhile, Dania, the second of Midtown\u2019s six districts, has 579 apartments and is expected to be completed by the end of 2019.<\/p>\n<p>In the <a href=\"https:\/\/english.mubasher.info\/news\/3512714\/Deyaar-logs-AED-36-7m-net-profit-in-H1\">first half of 2019<\/a>, Deyaar had posted a net profit of AED 36.7 million, compared to AED 65.2 million in H1-18.<\/p>\n<\/p><\/div>","protected":false},"author":1,"featured_media":13892,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[938],"tags":[],"class_list":["post-13891","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/onplan.ae\/ar\/wp-json\/wp\/v2\/posts\/13891","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/onplan.ae\/ar\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/onplan.ae\/ar\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/onplan.ae\/ar\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/onplan.ae\/ar\/wp-json\/wp\/v2\/comments?post=13891"}],"version-history":[{"count":0,"href":"https:\/\/onplan.ae\/ar\/wp-json\/wp\/v2\/posts\/13891\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/onplan.ae\/ar\/wp-json\/wp\/v2\/media\/13892"}],"wp:attachment":[{"href":"https:\/\/onplan.ae\/ar\/wp-json\/wp\/v2\/media?parent=13891"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/onplan.ae\/ar\/wp-json\/wp\/v2\/categories?post=13891"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/onplan.ae\/ar\/wp-json\/wp\/v2\/tags?post=13891"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}