Close Menu

    Subscribe to Updates

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

    What's Hot

    Reolink Formally Expands into MEA Market with Debut of Argus MagiCam, Powered by Qualcomm Micro-Power Tech

    November 5, 2026

    Bahrain’s Gateway Gulf 2026 Unveils USD 22.3 Billion in Strategic Announcements, Partnerships, and Deals

    November 4, 2026

    Agthia Reports Revenue Growth Amid Challenging Cost Environment

    November 4, 2026
    Facebook X (Twitter) Instagram
    UAE IndependentUAE Independent
    • Automotive
    • Business
    • Entertainment
    • Health
    • Lifestyle
    • Luxury
    • News
    • More
      • Sports
      • Technology
      • Travel
    UAE IndependentUAE Independent
    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 Tumblr 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 Tumblr Email

    Related Posts

    Reolink Formally Expands into MEA Market with Debut of Argus MagiCam, Powered by Qualcomm Micro-Power Tech

    November 5, 2026

    Bahrain’s Gateway Gulf 2026 Unveils USD 22.3 Billion in Strategic Announcements, Partnerships, and Deals

    November 4, 2026

    Agthia Reports Revenue Growth Amid Challenging Cost Environment

    November 4, 2026
    Latest News

    Modi launches Pune Metro projects worth ₹21,800 crore

    News November 4, 2026

    – Prime Minister Narendra Modi on Tuesday inaugurated and laid the foundation stone for Pune Metro projects worth around ₹21,800 crore through video conferencing. He opened the Hinjawadi to Shivajinagar corridor, which links a major IT hub to the city

    MEAPMP Launches: Revamped Independent Ad-Tech & Premium Media Buying Across MEA

    November 3, 2026

    Abu Dhabi signs four OpenAI deals as Sheikh Khaled meets Altman

    November 3, 2026

    Indonesia posts $10.6 billion trade surplus on non-oil exports

    November 3, 2026

    UAE President and Bavaria’s Söder discuss expanding cooperation

    November 3, 2026

    Africa’s top banks build war chest for Kenya takeover deals

    November 3, 2026

    Apple iPhone Duo review: an engineering triumph for foldables

    November 2, 2026

    Bangladesh dengue deaths reach 418 after deadliest month of 2026

    November 2, 2026
    © 2026 UAE Independent | All Rights Reserved
    • Home
    • Contact Us

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