Dubai-based Dar Global says developments now valued at $19bn

Dar Global's Development Value Reaches $19 Billion

London-listed luxury real estate company Dar Global has announced that its gross development value (GDV) has surpassed $19 billion, driven by its ongoing growth in Saudi Arabia.

Expansion in the Gulf Cooperation Council

The Dubai-based developer expressed optimism about the future of the broader Gulf Cooperation Council (GCC) region, highlighting several recent project launches. Its international development pipeline now exceeds $19 billion across various markets.

Focus on Saudi Arabia's Market Reforms

Saudi Arabia is central to Dar Global's strategy, especially with the upcoming market reform allowing expatriate investment in property starting January 2026. This change is seen as a "defining moment" for the Kingdom’s real estate sector.

"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," said chief executive Ziad El Chaar.
"The increase of our GDV to $19bn reflects not just growth in numbers, but confidence in our vision, our execution, and in Saudi Arabia's extraordinary potential."

Dar Global's Strategic Position

The company claims to be one of the first to leverage the new opportunities presented by Saudi Arabia's openness to foreign investment, positioning itself as a key player in this expanding market.

Author's summary: Dar Global's value growth to $19 billion underlines its strategic focus on Saudi Arabia’s real estate reform, reflecting strong confidence in the Kingdom’s market potential and international investment appeal.

more

Sharecast.com Sharecast.com — 2025-11-04

More News