Dubai-based Dar Global's Developments Now Valued at $19 Billion
London-listed luxury real estate group Dar Global has announced its gross development value (GDV) has surpassed $19 billion, driven largely by expansion in Saudi Arabia.
The Dubai-based developer expressed strong confidence in the broader Gulf Cooperation Council (GCC) region’s potential, following several recent notable project launches. Its international development pipeline also exceeds $19 billion across multiple markets.
Focus on Saudi Arabia's Market Opening
Saudi Arabia is central to Dar Global’s strategy as the Kingdom prepares to open its property market to expatriate investment in January 2026, marking a "new phase of openness."
Dar Global described this reform as a "defining moment" for Saudi Arabia’s real estate sector, stating it is “among the first to capitalise on this new era.”
“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 CEO 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.”
Outlook
Dar Global’s positioning emphasizes its leadership role in linking global investors to Saudi Arabia’s rapidly evolving real estate market and the wider Gulf region’s growth prospects.
Author's summary: Dar Global's development value exceeds $19 billion, driven by ambitious expansion in Saudi Arabia, reflecting confidence in the Kingdom's upcoming property market reforms and regional growth.