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Milovanović with RC Lens in 2009
|Date of birth||21 January 1984|
|Place of birth||Belgrade, SFR Yugoslavia|
|Height||1.81 m (5 ft 11 1⁄2 in)|
|Red Star Belgrade|
|2001–2008||Red Star Belgrade||154||(17)|
|2010–2011||→ Red Star Belgrade (loan)||23||(5)|
|* Senior club appearances and goals counted for the domestic league only and correct as of 17 April 2014.
‡ National team caps and goals correct as of 26 January 2010
He is the son of Đorđe Milovanović, a member of the late 1970s and early 1980s Red Star team. Dejan is also the cousin of Serbian international Branislav Ivanović, who plays for Russian side Zenit St Petersburg.
Red Star Belgrade
Milovanović was a member of the talented '84 generation, and was the first to become a first team player from that group. He made his debut for Red Star Belgrade on 17 November 2001 when he was 17. In that match Zvezda won against FK Zemun, the score finishing 2–0. He gathered the attention of the public on his debut, in a derby game against Partizan in which he worked his way past 3 players in fantastic style, scoring a goal that wrapped up the 3–0 victory.
Milovanović has played for the Crvena Zvezda first team since 2001 and he has been the captain of club since 2006. He was also team captain of the Serbian under-21 team who finished second at the 2007 UEFA European Under-21 Football Championship in the Netherlands. Milovanović has played 209 games for Red Star Belgrade. He has won three double cups with Red Star Belgrade.
Racing Club de Lens
On 4 July 2008, Milovanović officially signed a four-year contract with Lens for an undisclosed fee. Milovanović has been announced as one of the main new signings in the club’s effort to return to the top French league. In the summer of 2010, RC Lens allowed Milovanović to return to his former club, Red Star, on a season long loan with an option for a permanent deal.
He has not played an official game for Serbia's a team yet, but he has left a deep trail in the U-21 selection. With U-21 team of Serbia he played on three UEFA U-21 Championships, in 2004, 2005 and 2007. He has won two silver medals in these competitions. He was also part of the Serbia and Montenegro squad at the 2004 Summer Olympics. He especially made a good impression on the European U-21 Championship in Netherlands 2007, carrying the captain's armband, on the way to the finals; in the first match he scored a winning goal against Italy. He also played in the 2004 Olympic Games in Athens.
- As of 17 April 2014
|France||League||Coupe de France||Europe||Total|
|2010–11||Red Star (loan)||SuperLiga||20||4||3||1||2||0||23||5|
- First League of Serbia and Montenegro: 2003–04, 2005–06
- Serbian Superliga: 2006–07
- Serbia and Montenegro Cup: 2002, 2004, 2006
- Serbian Cup: 2007
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