Deyaar Properties

Developer overview

Deyaar is a Dubai real estate company that works across more than just construction. Its about page lists six business units: alongside development, it runs property, facilities, community and asset management arms plus a hospitality business. The community management arm has been operating since 2009, so in several Deyaar buildings the same group that built the tower is also involved in running it after handover.

The company's portfolio mixes older completed towers, many of them in Business Bay, with a newer pipeline of off-plan launches. Its current projects menu lists names such as Regalia, Eleve, Midtown, Park Five, DWTN Residences, Rosalia, Amalia, RIVAGE, AYA, Mar Casa, Talia and Tria. For resale buyers, that spread means Deyaar stock on the market ranges from ready apartments with a long ownership history to contracts that are still being paid off under a construction-linked plan.

Portfolio and locations

Deyaar's own project pages confirm the following buildings, which also appear in DPF listings:

• Regalia by Deyaar – a Business Bay tower offering studios up to three-bedroom apartments, recognisable by its textured facade. See Business Bay listings and the Business Bay area guide.
• The Atria by Deyaar – a Business Bay residence with studio to two-bedroom layouts, shown on Deyaar's property list alongside other completed towers in the district.
• Eleve by Deyaar – a project in Downtown Jebel Ali on Sheikh Zayed Road, with views towards the port, studio to three-bedroom units, podium amenities and shops at ground level. See the Downtown Jebel Ali area page.
• Rosalia Residences and Amalia Residences – projects listed by Deyaar in Al Furjan. See Al Furjan listings.
• Bella Rose and Mont Rose – residential buildings that Deyaar places in Dubai Science Park. See Dubai Science Park listings.

Property types

Most Deyaar homes on the resale market are apartments, from studios through to three-bedroom units. Deyaar's property list also includes office and mixed-use towers in Business Bay, so check that a listing is a residential unit and not commercial space before comparing it with other homes. Layouts vary between older and newer towers, so compare a listing with the same unit type in the same building rather than with the wider district.

What buyers should verify

1. Match the building name exactly. Deyaar has many towers in Business Bay with similar naming styles. Confirm the building, floor and unit number on the title deed or Oqood certificate.
2. Check the stage of an off-plan project. For launches such as Eleve, look up the registered completion progress with the Dubai Land Department's Project Status Enquiry service.
3. Ask who manages the building. Because Deyaar runs community and property management services, ask the seller for the latest owners' association statement and confirm there are no arrears.
4. Separate residential and commercial stock. Some Deyaar towers in Business Bay are offices; the title deed shows the property's use.

Finding distressed and below-market Deyaar properties

A distressed property in Dubai is not always a damaged one. In Deyaar's case it is usually an apartment whose owner needs to sell on a deadline, perhaps because of relocation, a loan coming due or an instalment they would rather not fund. That owner is a motivated seller, and the listing may be described as an urgent sale or a distress sale. If the asking figure is lower than the price in the original Deyaar sale agreement, brokers call it below original price, or below OP. Below market value is a different comparison: it measures the asking price against recent transactions for similar units in the same tower.

Off-plan units add another route. In an off-plan resale, or assignment, the buyer takes over the seller's contract and the instalments still due under the payment plan. Before agreeing to anything, ask for Deyaar's statement of account showing what has been paid and what is outstanding, confirm whether a bank holds a mortgage over a completed unit, and check that Deyaar will issue the developer NOC that the Dubai Land Department requires to register the sale. Some cash buyer deals move faster because no mortgage valuation is needed, but the registration checks are the same whatever the payment method.