Company Insights Dar Al Arkan Real Estate Development Company Real Estate Dar Al Arkan Real Estate Development Company Overview Dar Al Arkan Real Estate Development Company is based in Riyadh and was established in December 1994. It became a public company in December 2007 and is now the largest property development company in Saudi Arabia by market value, with more than $8 billion in assets. Dar Al Arkan’s core businesses are land development, developing infrastructure on raw land; constructing residential complexes and commercial units, and property management, including leasing and maintaining residential, commercial and retail units. It claims to be the first company to introduce 3D concrete printing into the region, creating the first 3D construction printed (3DCP) villa in 2022. Dar Al Arkan’s independent subsidiary and international real estate arm Dar Global completed a $600 million listing on the London Stock Exchange in February 2023. Dar Global operates in eight countries, including Qatar, the UAE and Oman, where it is building the Trump International Hotel in Muscat, expected to be finished in 2028. It has also announced plans to build Trump Towers in Jeddah and Dubai. Further afield Dar Global has projects in Spain, the Maldives, the UK and Bosnia. Dar Al Arkan Real Estate Development Company News Real Estate Dar Global targets Saudi expansion after land deals Dar Global, the international development arm of Saudi-listed Dar Al Arkan, has purchased two land plots in Jeddah and Riyadh for $390 million, advancing expansion plans in the kingdom, according to a statement to the London stock exchange. The acquisitions follow the launch of Trump Tower Jeddah and Neptune villa project in Riyadh, the London-listed developer […] March 18, 2025 Real Estate Dar Global expands Trump-branded project in Oman Saudi Arabia’s Dar Al Arkan Real Estate Development is upgrading a Trump Organisation golf course in Oman to championship level and expanding an adjacent $4 billion luxury gated community project. Dar Global, the London-listed international arm of Dar Al Arkan, said it added nearly one million square metres of beachfront land to its Aida Muscat […] March 13, 2025 Real Estate Dar Al Arkan wins $1bn Jeddah real estate deal A consortium including the Saudi construction company Dar Al Arkan Real Estate Development has been awarded a deal worth SAR4.46 billion ($1.2 billion) covering a square kilometre of land in Jeddah. The consortium includes the real estate investment company Kenzi Al Arabiya and a group of investors, according to a statement filed to Tadawul, the […] February 17, 2025 Analysis Real Estate Gulf investors seek property in Spain despite tax threat For a new generation of young, wealthy Gulf investors, London and Paris are out, and property in Marbella and Malaga is in, even if Spain’s leader is doing all he can to deter them. A fresh plan by Spanish Prime Minister Pedro Sánchez to impose a 100 percent tax on acquisitions of domestic real estate […] January 31, 2025 EXCLUSIVE Real Estate Damac secures rights to build Trump Tower Abu Dhabi The Dubai luxury developer Damac Properties has secured the rights to build a Trump Tower in Abu Dhabi, sources familiar with the matter have told AGBI, as the Trump Organisation expands its footprint in the Gulf. Damac has an established relationship with the Trump Organisation, the family business of US President-elect Donald Trump, with a […] December 21, 2024 Real Estate Trump Towers proposed for Saudi and UAE capitals The Trump Organization intends to build Trump Towers in Riyadh and Abu Dhabi, marking its expansion across the Gulf region. The projects will be developed in partnership with Dar Global, the global development arm of Saudi-listed Dar Al Arkan, Eric Trump, the US president-elect’s son, told Reuters. The Abu Dhabi project is scheduled for launch next year, he said. Ziad El […] December 13, 2024 Real Estate Dar Global plans two Trump-branded projects in Riyadh Real estate developer Dar Global has signed an agreement with The Trump Organization to build two “landmark projects” in Riyadh. No details were provided on the Trump-branded projects, which are set to be the fourth and fifth collaborations between the two companies. Dar Global, the international arm of Saudi-listed developer Dar Al Arkan,said the projects […] December 9, 2024 Analysis Real Estate Why Saudi real estate stocks are less popular than you might think Saudi Arabia has rising property prices, soaring homeownership rates and steady mortgage approvals – so you might think its real estate sector would be in high demand on the stock market. This is the case in Dubai, where Emaar Properties and its subsidiaries serve as a proxy for equity investors to gain exposure to the […] November 27, 2024 Analysis Giga-projects The remaking of Riyadh ahead of World Expo 2030 Expo 2030 is already propelling real estate development in Riyadh six years before the international fair is scheduled to take place – and, along with other giga-projects, is helping to shift the city’s core to the north. The World Expo, which typically takes place in a different city every five years, is expected to occupy […] October 31, 2024 Real Estate Dar Global reports H1 2024 loss as revenue drops 60% Developer Dar Global, a Saudi-listed Dar Al Arkan subsidiary, recorded a loss in the first half of 2024 after revenues fell nearly 60 percent year on year. The company, also listed on the London Stock Exchange, reported losses of nearly $13 million between January and June, compared to a profit of $21 million a year […] September 27, 2024 Posts navigation 1 2 … 4 Next
Real Estate Dar Global targets Saudi expansion after land deals Dar Global, the international development arm of Saudi-listed Dar Al Arkan, has purchased two land plots in Jeddah and Riyadh for $390 million, advancing expansion plans in the kingdom, according to a statement to the London stock exchange. The acquisitions follow the launch of Trump Tower Jeddah and Neptune villa project in Riyadh, the London-listed developer […] March 18, 2025
Real Estate Dar Global expands Trump-branded project in Oman Saudi Arabia’s Dar Al Arkan Real Estate Development is upgrading a Trump Organisation golf course in Oman to championship level and expanding an adjacent $4 billion luxury gated community project. Dar Global, the London-listed international arm of Dar Al Arkan, said it added nearly one million square metres of beachfront land to its Aida Muscat […] March 13, 2025
Real Estate Dar Al Arkan wins $1bn Jeddah real estate deal A consortium including the Saudi construction company Dar Al Arkan Real Estate Development has been awarded a deal worth SAR4.46 billion ($1.2 billion) covering a square kilometre of land in Jeddah. The consortium includes the real estate investment company Kenzi Al Arabiya and a group of investors, according to a statement filed to Tadawul, the […] February 17, 2025
Analysis Real Estate Gulf investors seek property in Spain despite tax threat For a new generation of young, wealthy Gulf investors, London and Paris are out, and property in Marbella and Malaga is in, even if Spain’s leader is doing all he can to deter them. A fresh plan by Spanish Prime Minister Pedro Sánchez to impose a 100 percent tax on acquisitions of domestic real estate […] January 31, 2025
EXCLUSIVE Real Estate Damac secures rights to build Trump Tower Abu Dhabi The Dubai luxury developer Damac Properties has secured the rights to build a Trump Tower in Abu Dhabi, sources familiar with the matter have told AGBI, as the Trump Organisation expands its footprint in the Gulf. Damac has an established relationship with the Trump Organisation, the family business of US President-elect Donald Trump, with a […] December 21, 2024
Real Estate Trump Towers proposed for Saudi and UAE capitals The Trump Organization intends to build Trump Towers in Riyadh and Abu Dhabi, marking its expansion across the Gulf region. The projects will be developed in partnership with Dar Global, the global development arm of Saudi-listed Dar Al Arkan, Eric Trump, the US president-elect’s son, told Reuters. The Abu Dhabi project is scheduled for launch next year, he said. Ziad El […] December 13, 2024
Real Estate Dar Global plans two Trump-branded projects in Riyadh Real estate developer Dar Global has signed an agreement with The Trump Organization to build two “landmark projects” in Riyadh. No details were provided on the Trump-branded projects, which are set to be the fourth and fifth collaborations between the two companies. Dar Global, the international arm of Saudi-listed developer Dar Al Arkan,said the projects […] December 9, 2024
Analysis Real Estate Why Saudi real estate stocks are less popular than you might think Saudi Arabia has rising property prices, soaring homeownership rates and steady mortgage approvals – so you might think its real estate sector would be in high demand on the stock market. This is the case in Dubai, where Emaar Properties and its subsidiaries serve as a proxy for equity investors to gain exposure to the […] November 27, 2024
Analysis Giga-projects The remaking of Riyadh ahead of World Expo 2030 Expo 2030 is already propelling real estate development in Riyadh six years before the international fair is scheduled to take place – and, along with other giga-projects, is helping to shift the city’s core to the north. The World Expo, which typically takes place in a different city every five years, is expected to occupy […] October 31, 2024
Real Estate Dar Global reports H1 2024 loss as revenue drops 60% Developer Dar Global, a Saudi-listed Dar Al Arkan subsidiary, recorded a loss in the first half of 2024 after revenues fell nearly 60 percent year on year. The company, also listed on the London Stock Exchange, reported losses of nearly $13 million between January and June, compared to a profit of $21 million a year […] September 27, 2024
