DarGlobal

Last updated
DarGlobal PLC [1] [2]
Industry Real Estate
Founded2017;8 years ago (2017)
Headquarters,
UAE
Key people
Ziad Elchaar (CEO)
Website darglobal.co.uk. [3]

Dar Global PLC is a real estate development company headquartered in Dubai and publicly listed on the London Stock Exchange (LSE). [1] [4] [5] The company began trading on the LSE on February 28, becoming the first Saudi company to be listed on the main market of the London Stock Exchange. [1] [6] [7]

The company is heavily invested in Trump family properties. By 2025, during the Second Donald Trump administration, Trump-branded properties accounted for 18% of Dar Global's entire portfolio. [8]

History

Dar Global was originally established to develop the assets of Dar Al Arkan Real Estate Development PJSC (DAARE), a real estate developer in KSA. [9]

Dar Global was listed on the Main Market of the London Stock Exchange on February 28, 2023. [10]

Dar Global has delivered a compounded 500,000 square meters of commercial space and over 15,300 residential units, with assets valued at US$8.6 billion as of March 2023. [11]

References

  1. 1 2 3 Lipton, Eric (July 1, 2024). "Trump Organization Signs Up to Put Its Brand on a New Saudi Tower". The New York Times via NYTimes.com.
  2. "Saudi's Dar Global plans to invest $300 million in USA - ET RealEstate". ETRealty.com.
  3. Sharma, Alkesh. "Dar Global to partner with Aston Martin on $250m beachfront project in Ras Al Khaimah". The National.
  4. Report, Gulf News (2 May 2023). "Dar Global strikes a profit in first results after FTSE listing, gets ready for Spanish launch". Gulf News.
  5. "UAE branded residences: Aston Martin, Dar Global reveal new $250mn residential real estate project in Ras Al Khaimah - Arabian Business: Latest News on the Middle East, Real Estate, Finance, and More". Arabian Business. April 22, 2024.
  6. Halligan, Neil. "Dar Global reveals Trump Villas design for Muscat resort and golf course". The National.
  7. "Dar Global announces record $361m revenues - Arabian Business: Latest News on the Middle East, Real Estate, Finance, and More". Arabian Business. March 1, 2024.
  8. "How the Trumps won the Gulf". The Financial Times. 2025.
  9. "Saudi property developer Dar Global to list in London on Feb. 28". February 23, 2023 via www.reuters.com.
  10. "Saudi mega-developer Dar Al Arkan to list its Dubai-based subsidiary in London". gulfnews.com. January 2, 2023.
  11. Zargani, Luisa (August 30, 2023). "Missoni, Dar Global Partner on Residential Project in Spain".