Deyaar, the region's fastest growing real estate company, has unveiled its new corporate identity, reflecting the company's strategic shift from single-tower projects to larger communities in master-planned developments. The introduction of a new corporate identity is in line with the company's vision as it seeks to enhance its status as the leading complete one-stop real estate solutions provider based in Dubai. This new corporate identity represents Deyaar's approach to develop signature communities.
HE Nasser Bin Hassan Al-Shaikh, Chairman, Deyaar, said, "I am delighted to reveal our new corporate identity that marks the beginning of the next exciting growth phase for Deyaar. The future will see us enter new markets and further expand our presence in master-planned developments to encompass a broader range of real estate offerings".
Deyaar Properties has launched 6 projects in the first half of this year in Dubai. The real estate firm has reported 266% in net profits for the first half of 2008, reaching Dh448.9 million, compared to Dh122.8 million for the first half of 2007. Net profits for the second quarter of 2008 touched Dh246.9 million, an increase of 184% from Dh87 million achieved in the second quarter of 2007.
