Home UAE Dubai Dubai’s Deyaar Q1 Net Profit Rises 6% The developer made a quarterly profit of Dhs55.2 million in the three months to March 31. by Reuters April 14, 2015 Dubai’s Deyaar Development reported a six per cent rise in first-quarter net profit on Tuesday. Deyaar, one of the companies worst hit by Dubai’s property market collapse in 2009-2011, made a quarterly profit of Dhs55.2 million ($15.03 million) in the three months to March 31, it said in a statement. This compares with a profit of Dhs52.1 million in the corresponding period of 2014. SICO Bahrain forecast Deyaar’s quarterly profit would be Dhs23.4 million. Deyaar did not state its first-quarter revenue. 0 Comments