"We respect you."
Translation:Sana saygı duyuyoruz.
"saygı duymak" is just a set phrase that has to be memorized that means "to have respect/to respect/to look up to" :)
Actually, the verb duymak means to hear (it can mean "to feel" in some contexts, but it isn't super common to use it like this/it has a little more to do with the senses that with emotions). "to feel" is normally "hissetmek" :)