Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Artmarket.com: H1 2026 Financial Report–One-of-a-Kind AI Systems Intuitive Artmarket® and Blind Spot Will Drive the Next Phase of Growth for “AI-First” Artprice in 2026-2030

    September 28, 2026

    Chervon Promotes Kevin Gee to Vice President of Pro Product Development – FLEX

    September 28, 2026

    Tanmiah Signs MoU with Tradewinds Berhad to Cooperate on Halal Protein Production, Processing and Distribution Across Malaysia and the Wider APAC Region

    September 28, 2026
    Facebook X (Twitter) Instagram
    GCC News HubGCC News Hub
    • Automotive
    • Business
    • Entertainment
    • Health
    • Lifestyle
    • Luxury
    • News
    • Sports
    • Technology
    • Travel
    GCC News HubGCC News Hub
    Home » DAR GLOBAL MARKS FIVE YEARS OF GLOBAL EXPANSION WITH USD 23 BILLION DEVELOPMENT PORTFOLIO AND A BOLD VISION FOR THE FUTURE
    PR Newswire

    DAR GLOBAL MARKS FIVE YEARS OF GLOBAL EXPANSION WITH USD 23 BILLION DEVELOPMENT PORTFOLIO AND A BOLD VISION FOR THE FUTURE

    June 16, 2026
    Facebook Twitter Pinterest LinkedIn Reddit WhatsApp Email

    RIYADH, Saudi Arabia, June 16, 2026 /PRNewswire/ — Dar Global, the London-listed luxury real estate developer, is marking its fifth anniversary following a period of rapid international expansion that has transformed the company into a USD 23 billion global real estate platform serving investors from more than 125 nationalities.

    Ziad El Chaar, Chief Executive Officer of Dar Global

    Since launching its first project in Dubai in 2021, Dar Global has expanded across Saudi Arabia, the UAE, Oman, Qatar, Spain, Greece and the United Kingdom, establishing a diversified portfolio of luxury residential, hospitality and lifestyle destinations.

    The milestone follows a transformational year for the company. In FY2025, Dar Global tripled its Gross Development Value from USD 7.5 billion in FY2024 to USD 23 billion, reflecting the scale and quality of the pipeline it has built across global markets, including five major master-planned communities and a growing portfolio of globally recognised branded residences. Revenue increased by 124% to USD 539 million, while EBITDA reached a record USD 126 million, reflecting strong operational performance and sustained demand across its international portfolio. Today, the company has approximately 6,100 units under construction across 16 projects and maintains a strong financial position, supported by USD 702 million in cash and cash equivalents as of December 2025, alongside a recently secured USD 250 million financing facility to support future growth.

    Ziad El Chaar, CEO of Dar Global, said: “Over the last five years, we have built a company designed for global citizens, investors who increasingly live, work and invest across multiple countries. What began as a luxury real estate developer has evolved into a diversified platform spanning real estate, hospitality, golf, private clubs, asset management and emerging real estate technologies, developed alongside some of the world’s most recognised brands. Our ambition is not simply to build homes, but to create destinations, experiences and ecosystems that define the future of luxury living.”

    As part of its next phase of growth, Dar Global has expanded into hospitality and entertainment, with luxury hotels under development in Dubai, Riyadh, Muscat and the Maldives. The company is also building a portfolio of golf destinations and private members’ clubs across key international markets. In parallel, Dar Global has launched Dar Global Capital Partners, its asset management platform, while advancing initiatives in real estate tokenization as part of its strategy to participate in the future evolution of global real estate investment.

     

     

    Cision View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/dar-global-marks-five-years-of-global-expansion-with-usd-23-billion-development-portfolio-and-a-bold-vision-for-the-future-302801577.html

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Email

    Related Posts

    Artmarket.com: H1 2026 Financial Report–One-of-a-Kind AI Systems Intuitive Artmarket® and Blind Spot Will Drive the Next Phase of Growth for “AI-First” Artprice in 2026-2030

    September 28, 2026

    Tanmiah Signs MoU with Tradewinds Berhad to Cooperate on Halal Protein Production, Processing and Distribution Across Malaysia and the Wider APAC Region

    September 28, 2026

    HONOR’s Middle East Breakthrough: From Smartphone Challenger to 2nd largest smartphone vendor in the Middle East

    September 28, 2026

    LG ELECTRONICS HIGHLIGHTS HVAC RETROFITTING AS A KEY PATHWAY TO MORE ENERGY-EFFICIENT BUILDINGS ACROSS THE GCC

    September 28, 2026

    Aljazira Bank Selects Thunes to Power Next-Generation Global Remittances from Saudi Arabia

    September 28, 2026

    Abu Dhabi Finance Week 2026 Expands Global Reach with New Summits and Strategic Partnerships

    September 25, 2026
    Latest News
    Business

    UAE Minister Thani Al Zeyoudi discusses expanding global trade ties

    September 28, 2026

    The United Arab Emirates continues to expand its global economic footprint as Minister of Foreign Trade Dr. Thani bin Ahmed Al Zeyoudi convened bilateral discussions with foreign dignitaries during the United Nations General Assembly. The agenda centered on deepening non-oil

    UAE President and Uzbek official discuss bilateral relations

    September 28, 2026

    World Bank forecasts UAE economy to grow 5 percent in 2026

    September 26, 2026

    Developing Asia-Pacific economy set to grow 5% in 2026

    September 24, 2026

    Abdullah bin Zayed joins Trump talks with regional leaders

    September 23, 2026

    Egypt remittance inflows reach $29.7 billion by July 2026

    September 22, 2026

    Typhoon Dujuan hits eastern Japan with heavy rain

    September 21, 2026

    China holds 3% one-year LPR and 3.5% mortgage benchmark

    September 21, 2026
    © 2026 GCC News Hub | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.