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عربي

Deyaar Development

   (DEYAAR.DFM)
Also known as: Deyaar
Last Trade
0.29AED
+ 7.33%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Updated: Sep 21, 2011
 
 
 
Country

UAE

Ownership Type
Company Type
Joint Stock
 
 
 
 
Formerly Known As 
Global Real Estate Development Company until November 2004
Principal Activities
Shariah compliant real estate property investment, development and management; real estate brokerage services; electromechanical contracting; repair and maintenance and real estate business consultancy services.
 
Date of Establishment Year
2001 (January)
 
No of Employees
N/A (188 Company, N/A Group, N/A Headquarters) (As of Aug 26, 2011)
 
Representative Offices
UAE (5)    
 
Stock Market Listing
Exchange Symbol ID Stock Type Currency
Dubai FM  DEYAAR DEYAAR.DFM Ordinary AED
 
 
Contact Details
Address:
Deyaar Building
5th Floor
Sheikh Zayed Road
Al Barsha Area
P.O. Box 30833
Dubai 
United Arab Emirates
 
Tel:
+971 4-295-5844
+971 4-395-7700
 
Fax:
+971 4-329-6163
+971 4-295-4029
+971 4-395-7711
 
Email:
info@deyaar.ae
 
Website:
www.deyaar.ae
 
Related Links:
www.omegauae.com

 
 
 IPO Details
Listing Date:
05Sep07
Size of Offering:
$882.59M
Equity Offering:
55%
Lead
Managers:
Millennium Finance Corporation, SHUAA Capital
 
 
 M&A Details
 
Acquistion
 
Status
Complete
 
Acquirer
 
Target
 
Announcement Date
27 Jan 2011
 
Closing Date
27 Jan 2011
 
 
 Major Shareholders  Section Updated: 14Nov11
Name   Type  Country  Holding 
Emirates Investment Authority  Government UAE 2.75% 
Public   - 56.27% 
 
 
 Foreign Ownership Limits
Section Updated: 03Feb10
Owned Permitted
98%
Nationals
 
2%
GCC Nationals
 
0%
Other Arabs
 
0%
Foreigners
 
49%
GCC Nationals
 
0%
Foreigners
 
 
 
 Direct Investments and Related Entities 
Subsidiaries/Associates/Affiliates
Name  Country  Holding 
Accelerando Beteiligungsverwaltungs Austria 100.00%
Beirut Bay Lebanon 100.00%
DFT Constractors and Property Development Kazakhstan 100.00%
Deyaar (UK) Limited United Kingdom 100.00%
Deyaar Al Emarat Holding Bahrain 100.00%
Deyaar Al Tawassol Lil Tatweer Aleqare Company Saudi Arabia 100.00%
Deyaar Cayman Limited Cayman Islands 100.00%
Deyaar Development Corporation United States 100.00%
Deyaar Hospitality UAE 100.00%
Deyaar International UAE 100.00%
Deyaar Limited UAE 100.00%
Deyaar Property Management UAE 100.00%
Deyaar Ventures UAE 100.00%
Deyaar West Asia Cooperatief Netherlands 100.00%
Deyaar for Development Lebanon 100.00%
Flamingo Creek UAE 100.00%
Nationwide Realtors UAE 100.00%
Omega Engineering UAE 100.00%
Omega Plus Building Maintenance UAE 100.00%
Alarko Deyaar Gayrimenkul Gelistrime Turkey 50.00%
Arady Development UAE 50.00%
Centreline Investments Netherlands 50.00%
Dubai International Development Company UAE 50.00%
Landmark Properties UAE 40.00%
SI Al Zorah Equity Investments Incorporated Cayman Islands 22.72%
Investment Properties
Name  Country  Holding 
DIB Tower Lebanon 100.00%
Developments and Projects
Name  Country  Holding 
Central Park [in Dubai International Financial Centre] UAE 50.00%
51 @ Business Bay UAE -
Deyaar Park [in Downtown Jebel Ali] [on hold] UAE -
Fairview Residency [in Business Bay] UAE -
Khan Shatyry Residences [on hold] Kazakhstan -
Mirar Residences [in DuBiotech] [on hold] UAE -
Oakwood Residency [in International Media Production Zone] UAE -
Oxford Tower [in Business Bay] UAE -
The Burlington [in Business Bay] UAE -
 
 
 Representatives
Auditors
PricewaterhouseCoopers  
Banks
Dubai Bank Dubai Islamic Bank
Emirates Islamic Bank National Bank of Abu Dhabi
Law Firms
Arakji and Associates  
 
 
 Financial Results  31-Dec-09  31-Dec-10   Yr on Yr 
  AED'000 AED'000 change (%)
Total revenues  1,835,082 2,643,153 44.03
Net profit  30,153 (2,304,897) (7,744.01)
Total assets 11,357,182 8,107,795 (28.61)
Paid-up capital 5,778,000 5,778,000 0.00
Shareholders' Equity 6,737,955 4,408,683 (34.57)
Shares outstanding 5,778,000 5,778,000 0.00
Market capitalization 3,351,240 1,675,620 (50.00)
» View Full Financials