Close Menu
    • Home
    • Contact Us
    Gulf Peninsula: One Gulf. Every important story.Gulf Peninsula: One Gulf. Every important story.
    • Automotive
    • Business
    • Entertainment
    • Health
    • Luxury
    • Lifestyle
    • News
    • Sports
    • Technology
    • Travel
    Gulf Peninsula: One Gulf. Every important story.Gulf Peninsula: One Gulf. Every important story.
    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 WhatsApp Twitter Pinterest LinkedIn Telegram Tumblr Email Reddit VKontakte

    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

    Related Posts

    Hoymiles Partners with QSSUN to Accelerate Solar and Energy Storage Growth Across the Gulf Region

    July 30, 2026

    Milliken Begins Commercial Production of Millad ClearX™ 9000 to Support Growing Demand for Advanced Polypropylene Solutions

    July 30, 2026

    Mitrade Enters Bloomberg.com Partnership as MENA’s Rapidly Shifting Outlook Makes Financial Context Imperative

    July 30, 2026

    PR Newswire Expands AEO & GEO Brand Report to Europe, the Middle East, India and Africa

    July 29, 2026

    LG Launches New Award-Winning UltraGear™ evo 5K2K Gaming Monitor Line-up

    July 29, 2026

    Stay Cool Smarter This Summer: LG Shares AI Powered Cooling Tips for Greater Comfort and Efficiency

    July 29, 2026
    Latest News

    Starbucks raises full year guidance following strong Q3 results

    July 30, 2026

    tarbucks raises full year guidance following strong Q3 results Seattle, Washington / RankWire.AI / – Global retail chain Starbucks Corporation posted fiscal third-quarter 2026 financial results on Wednesday that handily topped Wall Street consensus estimates across profit metrics and sales volume. Financial trading disclosures confirmed that Starbucks stock pops as efforts to revive third place pay off 2026 outlook improves, boosting share prices by more than five percent in extended trading on the Nasdaq stock exchange. The Seattle-headquartered specialty coffee company generated consolidated net revenues of $9.3 billion for the 13-week period ended June 28, 2026, anchored by an 8.1 percent surge in North American store sales and continued margin expansion across key operating segments.

    flydubai Expands Flight Frequencies to Milan Bergamo and Naples to Boost Connectivity

    July 30, 2026

    Sheikh Mohamed bin Zayed Engages with Slovak Prime Minister Robert Fico to Strengthen Bilateral Relations

    July 30, 2026

    Emirates and Crypto.com Facilitate Digital Wallet Payments for Flight Bookings

    July 29, 2026

    Abu Dhabi Announces Opening Date for Frank Gehry’s Guggenheim Museum

    July 29, 2026

    Apple Surpasses Nvidia to Achieve a Market Cap of 4.94 Trillion

    July 29, 2026

    EU Risks Missing Digital Decade Goals, Eurofound Warns

    July 29, 2026

    South Korea Celebrates Surpassing 10.71 Million Foreign Visitors in First Half of Year

    July 29, 2026
    © 2026 Gulf Peninsula | All Rights Reserved
    • Home
    • Contact Us

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