A display device includes: a base substrate including a front surface and a rear surface, and including a display region and a peripheral region adjacent to the display region in a plan view; an organic light-emitting element on the display region; and a sealing layer on the organic light-emitting element. The base substrate includes: a module hole in the display region, and passing through the front surface and the rear surface; a first recess at the display region and recessed from the front surface, the first recess surrounding the module hole in the plan view; and a second recess at the display region and recessed from the front surface, the second recess surrounding the first recess in the plan view. The first recess and the second recess have different widths from each other in a direction parallel to the front surface.