REG - Dar Global PLC - Gross Development Value reaches US$19 billion

Dar GlobalAnnouncement

03/11/2025 07:00

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RNS Number : 8691F  Dar Global PLC  03 November 2025

Dar Global PLC

(Incorporated in England and Wales)

Company Number: 14388348

ISIN: GB00BQXNJY41

LEI: 213800XRFXQ1KEWACW80

 

 For immediate release  3 November 2025

 

 

Dar Global plc

('Dar Global', the 'Company' or the 'Group')

 

Gross Development Value reaches US$19 billion with major expansion in Saudi
Arabia

 

Dar Global, the London-listed luxury real estate developer, announces today
that continued expansion in Saudi Arabia has contributed to an increase in its
gross development value ('GDV') to US$19 billion, with a total international
development pipeline exceeding US$19 billion across multiple markets.

 

Dar Global continues to expand its footprint and deepen its focus in Saudi
Arabia, with a number of exciting recent launches in the GCC, contributing to
the increase in GDV. The business is confident about the opportunities that
lie ahead, both in terms of potential projects and the region's transformative
growth. Further updates will be shared in due course, as each new development
project is unveiled.

 

This milestone reflects Dar Global's position at the forefront of Saudi
Arabia's ongoing transformation, as the country prepares to open its property
market to expatriate investment in January 2026. The reform marks a defining
moment for the Kingdom's real-estate sector, and Dar Global is among the first
to capitalise on this new era of openness and international participation.

 

Ziad El Chaar, CEO of Dar Global, said: "Dar Global was built on a deep
understanding of where global and regional wealth flows are heading. As the
Kingdom enters a new phase of openness and global integration, we are uniquely
positioned to lead this next chapter, connecting international investors to
the Saudi story. The increase of our GDV to US$19 billion reflects not just
growth in numbers, but confidence in our vision, our execution, and in Saudi
Arabia's extraordinary potential."

 

The Company's accelerated growth is the result of a series of high-profile
project signings and strategic partnerships in Saudi Arabia, reinforcing its
long-term commitment to the market. Dar Global's developments align with the
ambitions of Vision 2030, blending international design excellence with the
cultural authenticity of Saudi destinations.

 

Supported by its London Stock Exchange listing, Dar Global continues to
attract global investors, including buyers from over 115 nationalities, expand
its footprint, and deliver world-class developments that redefine luxury
living across London, Marbella, Dubai, Jeddah, Riyadh, Muscat, and Doha.

 

-ENDS-

 

For further enquiries, please contact:

 

 Dar Global plc  IR@darglobal.co.uk (mailto:IR@darglobal.co.uk)

 

 Henry Harrison-Topham / Simon Compton  darglobal@buchanancomms.co.uk (mailto:darglobal@buchanancomms.co.uk)

                                        www.bursonbuchanan.com (http://www.bursonbuchanan.com)

 

 

About Dar Global

Dar Global PLC is a highly differentiated international real estate business.
It focuses predominantly on developing real estate projects comprising second
and vacation homes for internationally mobile customers, in some of the most
desirable locations across the Middle East and Europe, including downtown
Dubai, Muscat in Oman, London and the Costa del Sol region in the South of
Spain.

 

Dar Global was originally established to house and develop the international
assets of Dar Al Arkan Real Estate Development PJSC ('DAARE'), a leading real
estate developer in the Kingdom of Saudi Arabia. Listed on the Saudi Stock
Exchange since 2007, Dar Al Arkan has delivered over 15,000 residential units
with total assets of c. US$9.5 billion.

 

The Company intends to expand its focus to hospitality assets. The aim is to
acquire or build hotels and sell them after a period of three to five years of
operation once the hotels or resorts' revenue streams stabilise. Target
markets include Spain, Dubai, Maldives, Athens, Saudi Arabia and London.

 

Dar Global was admitted to the Main Market of the London Stock Exchange on 28
February 2023.

 

Please visit www.DarGlobal.co.uk (http://www.DarGlobal.co.uk)

 

 

 

 

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