News DeskDubai, UAE – Deyaar Development PJSC, a leading real estate developer in the UAE, held its Annual General Assembly today at a pivotal juncture for the company’s governance and growth strategy. Chaired by Abdulla Ali Alhamli, the assembly saw robust participation from shareholders, board members, senior executives, external auditors, and regulatory representatives, culminating in unanimous approval of all agenda items.
In a decisive show of confidence, shareholders endorsed the election of a new seven-member Board of Directors for the 2025–2028 term. The newly appointed board features prominent industry leaders, including Chairman Abdulla Ali Alhamli, Hamad Mubarak Buamim, Adnan Chilwan, Mohammed Saeed Al Sharif, Maryam Mohammed Bin Faris, Mohammed Rashed Bin Dhabeah Al Ketbi, and Rashid Hasan Aldaboos. The reshaped leadership underscores Deyaar’s focus on governance excellence and strategic agility.
A key highlight of the assembly was the approval of a 5% dividend distribution, reflecting the company’s sustained financial resilience and dedication to delivering shareholder value. This move follows Deyaar’s consistent performance in Dubai’s dynamic real estate market, where it continues to spearhead transformative projects aligned with the UAE’s urban development ambitions.
Abdulla Ali Alhamli emphasized the company’s forward-looking agenda, stating, “Today’s resolutions reinforce our commitment to innovation and growth. With a reinvigorated board and a clear roadmap, Deyaar is poised to further elevate its role as a catalyst for progress in the UAE’s real estate sector.”
Deyaar’s portfolio of pioneering developments, marked by sustainability and cutting-edge design, remains central to Dubai’s skyline evolution. As the company advances projects that blend luxury, functionality, and smart city integration, its alignment with national economic diversification goals solidifies its stature as a cornerstone of the region’s development vision.
The assembly concluded with a reaffirmation of Deyaar’s mission to drive value for stakeholders while shaping the future of urban living in the UAE and beyond.
