Entrepreneurs
DarGlobal: The Future of Real Estate, Innovation, and Global Expansion
DarGlobal was established in 2017 as the international arm of Dar Al Arkan, Saudi Arabia’s major real estate development companies. Originally, its purpose was to manage and develop Dar Al Arkan’s global assets but right from the beginning, DarGlobal has had much bolder ambitions. Focusing strictly on luxury commercial and residential properties in any of the world’s most coveted locations, DarGlobal quickly became a key player in the international real estate market.
What made DarGlobal different right from the beginning was its future-oriented approach. While seeking to conquer the markets beyond the Middle East, it tried to introduce each market it entered to a new level of excellence. With an expert team led by CEO Ziad El Chaar, DarGlobal was all clear as to its direction: premium properties that focused on aesthetics and functionality with partnerships with architects and designers globally renowned.
2023 marked a crucial turning point in the process of developing DarGlobal. DarGlobal became the first Saudi company to list on the LSE main market by the end of February. It was not only a landmark achievement for DarGlobal but also told much about its high growth potential and a solid financial basis. With LSE, the company could penetrate global markets, attract international investors, and further increase the share of the venture in luxury real estate.
DarGlobal has developed and delivered more than 500,000 square meters of commercial space as well as more than 15,300 residential units. Its portfolio is valued at an impressive $8.6 billion as of March 2023, as it stands proof of how this company commits to quality and excellence for each project. From stunning homes to state-of-the-art commercial spaces, DarGlobal’s developments are known for their blend of beauty and functionality, held at a high level that discerning clients across the globe can expect from. What makes DarGlobal unique is its ability to marry innovation with luxury. It’s an amalgamation of innovations on design and construction that is bringing beautiful, as well as savvy and efficient, property. This basis forms the quality in the service of customers; hence it becomes a worthy name in global real estate.
DarGlobal has marked its growth in strategic international expansion. The company had focused primarily on the Middle East but soon opened offices in various key markets around the globe and ventured into Europe. This means that the company will bring luxury real estate expertise to new regions. DarGlobal has projects spreading across several countries, and its reputation as a premier developer continues to grow. Among the company’s main strategies for global success are collaboration with leading architects and designers. This would ensure that every development is worldwide-class, hence making DarGlobal a one-stop shop for clients looking for high-quality residential, commercial, and mixed-use developments.
The success behind DarGlobal also lies in its leadership team. Its chief executive officer, Ziad El Chaar, has more than two decades of experience in real estate, which has greatly guided the growth and expansion of the company. He has very clear vision toward innovation, sustainability, and customer-centricity. His sense of the market direction, ensuring complete understanding of customer needs, has actually made DarGlobal stand apart from its competitors. He is supported by a perfectly accomplished team – CFO Shivaraman Iyer who takes care of financial health, CEO of Development Bilal Al Matarneh who takes care of delivery, and COO Redwan Zaouk, who controls the day-to-day operations. It is due to this leadership team that DarGlobal strives for the excellence that pervades its every business.
With mighty ambitions that are as bold as ever, the company is aggressively scouting new markets and has several high-profile projects underway. Luxury residential developments and commercial properties in one of the most salubrious locations across the world are the flagship projects that await DarGlobal’s grand expansion.
Sustainability in the developments DarGlobal holds that it engages in some certain practices and new technologies to ensure that all developments are future proof. According to the company, its approach to sustainability is multipurpose, embracing green technologies and materials in all projects it undertakes. In addition, as part of its social responsibility agenda, DarGlobal is very keen and strong in engaging with the local communities and contributing to social development initiatives.