In a statement, the company said it has more than doubled its gross profits and has achieved Dh108.9 million for January-
SICO Bahrain had estimated the company would make a first-quarter profit of Dh30.6 million.
"The first-quarter results are a reflection of Deyaar's aspirations to achieving sustained growth throughout the year. The real estate market has witnessed an upswing that has buoyed our growth and we believe this resilience will continue not just in 2014, but well into the future,"
Deyaar is well-positioned to play a pivotal role in the development of the region's property landscape. The company's in-depth market intelligence, world-class services and unrivalled property management support for communities across diverse portfolios have firmly consolidated its pioneering status in the region's real estate landscape.
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