Deyaar Development PJSC (“Deyaar”), one of the leading real estate developers and service providers in Dubai, the United Arab Emirates (UAE), has today announced its preliminary unaudited financial results for the full year ending 31 December 2023.Deyaar announced a 206% increase in net profit compared to the previous year, with the company’s net profit rising to AED 440.7 million in 2023 from AED 144.2 million in 2022, while the total revenue saw a 56% increase, reaching AED 1,254.3 million in 2023 compared to AED 803.4 million in 2022.