Strong demand helps Dar Global double revenue in 2025

• Value of project portfolio at $19bn
• 3,800 units sold, up from 2,400 in 2024
• Developments in GCC and Europe

Revenue at Dar Global, the London-listed international development arm of Saudi-listed Dar Al Arkan, more than doubled last year, driven by strong demand for its newly launched and existing global projects.

The topline grew to $539 million in 2025 from $240 million in 2024, supporting a 577 percent year-on-year increase in net profit to $101 million, the developer said in a statement.

A total of 3,824 units, valued at $3.2 billion, were sold as of December 31, 2025, compared to 2,407 units worth $1.7 billion in 2024.

The gross development value of the project portfolio reached $19 billion by the end of December, up from $7.5 billion as of December 31, 2024, thanks to large-scale development projects in Saudi Arabia.

In September, the company acquired a plot in Jeddah to develop Trump Plaza, its second collaboration with The Trump Organization in Saudi Arabia. 

In November, Dar Global and The Trump Organization announced Trump International Hotel Maldives, a tokenised hotel development project. The company has also partnered with the Trump Organization to develop a Trump International Golf Club in Doha.

Last year, Dar Global awarded the main construction contracts for Trump Tower Jeddah; The Astera, interiors by Aston Martin on Al Marjan Island, UAE; Marea by Missoni (Blocks C and D) in Spain; Great Escape Apartments in Oman; and Phase 1 of the Aida development in Oman, comprising 91 villas and 60 townhouses.

Total available liquidity stood at $312 million by the end of 2025, including undrawn debt facilities, which will support the expansion of the current asset portfolio, the statement said.

Further reading:

• Dar Global to build Trump hotel and golf course in Riyadh
• Dar Global launches $4bn city project in Oman
• Ziad El Chaar interview: ‘Why are Arabs not allowed to dream?’

Chairman David Weinreb said that the Iran conflict has introduced a new dimension of regional uncertainty. 

Dar Global enters 2026 with strong liquidity, disciplined capital deployment and the patience to pursue compelling acquisitions as opportunities arise in the market, he said. 

“Our focus on luxury branded residences and the globally mobile clientele they attract provides us with long-term resilience and positions us to emerge from this period stronger than we entered it,” Weinreb said.

Dar Global shares on the London stock exchange were down 3 percent to $6.55 on Wednesday morning.