Difference Between Dar Al Arkan and Dar Global
Dar Al Arkan and Dar Global are closely related real estate companies, but they differ significantly in their focus, geographic reach, and corporate structure.
Dar Al Arkan: Saudi Arabia’s Leading Developer
- Headquarters: Riyadh, Saudi Arabia
- Founded: 1994
- Stock Listing: Saudi Stock Exchange (Tadawul)
- Core Business: Dar Al Arkan is the largest property development company by market value in Saudi Arabia. Its main activities include land development, constructing residential complexes and commercial units, and property management across the Kingdom. The company is known for its large-scale master-planned communities, infrastructure projects, and pioneering construction methods such as 3D concrete printing.
- Market Focus: Primarily serves the Saudi Arabian market, aligning with national development goals like Vision 2030.
- Portfolio: Includes major projects such as Dar Al Mashaer, Commendatore Tower, Sedra Project, Juman Island, and others within Saudi Arabia.
Dar Global: The International Luxury Arm
- Headquarters: Dubai, UAE
- Founded: 2017
- Stock Listing: London Stock Exchange (LSE)
- Corporate Relationship: Dar Global is a subsidiary and the international arm of Dar Al Arkan, created to expand the parent company’s reach beyond Saudi Arabia. Dar Al Arkan is the major shareholder.
- Core Business: Focuses on developing luxury real estate and branded residences in international markets. Dar Global partners with globally recognized brands such as Missoni, Versace, W Hotels, Trump Organization, and others to deliver high-end residential and hospitality projects.
- Market Focus: Targets internationally mobile, affluent buyers seeking luxury second homes and investment properties. Operates in multiple countries, including the UAE, Oman, Qatar, Spain, the UK, the Maldives, and Bosnia.
- Portfolio: Projects include Trump International Hotel in Muscat, AIDA in Oman, Urban Oasis by Missoni in Dubai, Les Vagues by Elie Saab in Qatar, and luxury developments in Marbella and London.
Summary Table
| Feature | Dar Al Arkan | Dar Global |
|---|---|---|
| Headquarters | Riyadh, Saudi Arabia | Dubai, UAE |
| Founded | 1994 | 2017 |
| Stock Listing | Saudi Stock Exchange (Tadawul) | London Stock Exchange (LSE) |
| Market Focus | Saudi Arabia | International (Middle East, Europe, etc.) |
| Core Business | Residential, commercial, land development | Luxury international real estate |
| Relationship | Parent company | International subsidiary |
| Notable Projects | Sedra, Juman Island, Dar Al Mashaer | AIDA Oman, Urban Oasis Dubai, Les Vagues Qatar |
| Brand Partnerships | Limited/local | Extensive (Missoni, Versace, Trump, etc.) |
In essence:
Dar Al Arkan is the parent company and Saudi Arabia’s largest developer, focusing on domestic projects. Dar Global is its international, London-listed subsidiary specializing in luxury real estate and branded residences across global cities, leveraging partnerships with iconic brands to target high-net-worth, internationally mobile clients.