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Dar Al Arkan Real Estate Development Company

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

Music at Nizwa fort. Oman is spending $15bn on smart cities but critics say tourists are attracted to Oman by its tradition and heritage

Oman smart city projects face pushback on heritage

Oman may be investing more than $15 billion in developing digitally smart urban areas but critics say the ambition could contravene the country’s heritage priorities. The sultanate has mobilised urban plans that could cost more than $15 billion, starting with Sultan Haitham City, work on which is in full swing on the outskirts of the […]

Eric Trump looks at a model of the Trump Organization's planned project in Qatar in partnership with Dar Global

Trump Organization enters Qatar property market

Dar Global, the international development arm of Saudi-listed Dar Al Arkan, has partnered with the Trump Organization to develop a Trump International Golf Club in Doha. The project is the US company’s first foray into Qatar’s property market. The project will include an 18-hole golf course, a clubhouse and branded villas overlooking the golf course […]

Eric Trump was in Dubai representing the Trump Organizaton to launch a new luxury tower in partnership with real estate developer Dar Global

Eric Trump: the Gulf is dependent on a strong America

The Gulf region is dependent on a strong United States and wants security so local economies can flourish, the US president’s son Eric Trump said in an interview with Reuters. In Dubai as an executive of the president’s family business, the Trump Organization – which launched a new tower in the city in partnership with […]

A view of the meeting rooms in Dar Global's Trump Tower Jeddah

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 […]

Field, Adult, Male HP2CCB President Donald Trump Photographed at Trump Links International Golf Course at Aberdeen Scotland.

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 […]

Jeddah Dar Al Arkan

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 […]

Properties in Malaga and other towns in southern Spain are drawing in younger Gulf investors

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 […]

The atrium of Trump Tower in Manhattan. Damac’s Ali Sajwani says Trump-branded properties in Dubai have doubled in value since 2020

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 […]

A rendering of the $530m Trump Tower in Jeddah. The developers plan another Trump Tower in Riyadh

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 […]

President-elect Donald Trump has lent his name to a range of Dar Global projects

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 […]