Dar Al Arkan is a well-reputed real estate developer in Saudi Arabia. With a portfolio of premier projects in commercial, residential, and mixed-use sectors, the company offers bespoke solutions for human living. The company is committed to developing integrated communities for life in the region and is involved in the acquisition, development, construction, maintenance, demolition, and restructuring of residential and commercial buildings.
Here are some critical facts about Dar Al Arkan Real Estate Development Company:
- It is the most significant developer by market value in Saudi Arabia.
- The company has delivered 15,000 residential units and 500,000 sqm of commercial space.
- Dar Al Arkan is listed on THE SAUDI STOCK EXCHANGE and operates in 8 countries.
- Website: https://www.daralarkan.com/
- Contact Information: 8001233333
Dar Al Arkan Real Estate Development Company’s mission is to offer worthy investments for a prosperous future through land development, real estate development, and property management. The company’s strategy, achievements, awards, and financial stability make it an investor-friendly entity. The company’s annual reports provide detailed information on its sukuk program, financial statements, quarterly earnings presentations, and key figures.
Company Overview
History and Growth
Dar Al Arkan was founded in 1994 and is headquartered in Riyadh, Saudi Arabia. The public company is listed on the Saudi Stock Exchange (Tadawul) and the London Stock Exchange. The company has been contributing to the real estate landscape in Saudi Arabia for over two decades and has completed nearly 15,000 housing units and 500,000 square meters of commercial space.
Mission and Vision
Dar Al Arkan Real Estate Development Company’s mission is to further its leadership position as the most respected and dynamic Saudi Arabian real estate solutions provider, developing integrated communities for life in the region. The company’s vision is to be a leading real estate developer in the Middle East, providing high-end solutions to meet the needs of its customers.
Corporate Structure
Dar Al Arkan operates in eight countries and has a corporate structure that delivers quality real estate solutions to its customers. The company has a strong management team committed to the business’s success. The company’s board of directors is made up of experienced professionals who are dedicated to the growth and success of the company.
- Founded: 1994
- Headquarters: Riyadh
- Public Company
- Listed on the Saudi Stock Exchange (Tadawul)
- Listed on the London Stock Exchange
Key Projects and Developments
Dar Al Arkan Projects
The company delivered over 15,000 units and 500,000 sqm of retail and administrative space. Dar Al Arkan has an extensive land bank in Riyadh, Jeddah, and Mecca in Saudi Arabia. The company is also involved in acquiring, developing, constructing, maintaining, demolishing, and restructuring residential and commercial buildings. These projects include:
- ETOILE BY ELIE SAAB
- BURAIDAH HILLS, QASSIM
- SHAMS AR RIYADH
- UPSIDE LIVING VILLAS WITH INTERIORS BY VERSACE HOME
- DAR AL MASHAER
- SHAMS AL AROUS
- PARISIANA
- QASR MALL
Residential Projects
Dar Al Arkan has developed several residential projects in Saudi Arabia, including the Shams Ar Riyadh project. The Shams Ar Riyadh project is a luxury real estate development located in the heart of Riyadh. The project comprises 1,500 residential units, including villas, townhouses, and apartments. The project also includes commercial properties, such as retail shops and restaurants.
Commercial Developments
Dar Al Arkan has developed several commercial properties in Saudi Arabia, including the Kingdom Tower in Jeddah. The Kingdom Tower is a mixed-use development with residential, commercial, and office space. The tower is the tallest building in Saudi Arabia and the third-tallest building in the world.
International Ventures
Dar Al Arkan has expanded its operations to Europe, North America, and Asia. It has international offices in Dubai, London, Beijing, and Bosnia. Moreover, Dar Al Arkan has also developed several international projects, including the I Love Florence Tower in Dubai. The tower is a luxury residential development located in the heart of Dubai.
- The company has delivered over 15,000 residential units and 500,000 square meters of commercial space.
- It has an extensive land bank in Riyadh, Jeddah, and Mecca in Saudi Arabia.
- The company has developed several residential projects in Saudi Arabia, including the Shams Ar Riyadh project.
- Dar Al Arkan has developed several commercial properties in Saudi Arabia, including the Kingdom Tower in Jeddah.
- The company has expanded its operations to Europe, North America, and Asia.
- Dar Al Arkan has also developed several international projects, including the I Love Florence Tower in Dubai.
Investment and Financials
Stock Market Presence
- Dar Al Arkan is on the London Stock Exchange and the Saudi Stock Exchange.
- As of the current date, the company’s market value is not publicly available.
- The company’s stock ticker is 4300.SA is on the Saudi Stock Exchange, and DARA.L is on the London Stock Exchange.
Investment Opportunities
- Dar Al Arkan Real Estate Development Company offers investment opportunities in the real estate sector.
- The company’s financial statements are available for download on their website.
- The company has a stable financial position and a proven real estate industry track record.
- The company’s operations include owning land in excellent locations and effective capital management and planning.
- The company’s sukuk program provides investment opportunities for those interested in Islamic finance.
Overall, Dar Al Arkan Real Estate Development Company provides opportunities in the real estate sector with a stable financial position and a proven track record in the industry. The company’s operations include owning land in excellent locations and effective capital management and planning. The company’s sukuk program provides investment opportunities for those interested in Islamic finance.
Strategic Partnerships and Collaborations
Design and Brand Partnerships
Dar Al Arkan has collaborated with several renowned designers and brands to bring their signature styles and aesthetics to its projects. These partnerships have enabled the company to create distinctive and luxurious living spaces that cater to the tastes and preferences of its discerning customers. Some of the notable design and brand partnerships of Dar Al Arkan are:
- Missoni: Dar Al Arkan partnered with the Italian fashion house Missoni to create the Missoni-branded villas at Shams Ar Riyadh, a luxury residential project in Riyadh. The villas feature Missoni’s iconic patterns and colors, creating a vibrant and stylish living space.
- Elie Saab: Dar Al Arkan collaborated with the Lebanese fashion designer Elie Saab to design the interiors of the Elie Saab-branded apartments at Shams Ar Riyadh. The apartments feature Elie Saab’s signature elegance and sophistication, luxurious finishes, and materials.
- Roberto Cavalli: Dar Al Arkan partnered with the Italian fashion brand Roberto Cavalli to create the Roberto Cavalli-branded villas at Shams Ar Riyadh. The villas feature the brand’s distinctive animal prints and patterns, creating a bold and glamorous living space.
- Versace: Dar Al Arkan collaborated with the Italian fashion brand Versace to design the interiors of the Versace-branded apartments at I Love Florence Tower, a luxury residential project in Dubai. The apartments feature Versace’s iconic prints and motifs, creating a lavish and opulent living space.
Industry Alliances
Dar Al Arkan has also formed alliances with various industry organizations and companies to share knowledge, expertise, and resources. Some of the notable industry alliances of Dar Al Arkan are:
- Real Estate Development Summit: Dar Al Arkan is a regular participant in the Real Estate Development Summit, a leading industry event that brings together real estate developers, investors, and other stakeholders to discuss the challenges in the industry. The company has used this platform to showcase its projects and to network with other industry players.
- Dar Global: Dar Al Arkan has partnered with Dar Global, a leading design and engineering consultancy, to provide engineering services for its projects. This partnership has enabled Dar Al Arkan to leverage the expertise and resources of Dar Global to create innovative and sustainable projects.
- Lamborghini and Pagani: Dar Al Arkan has partnered with the Italian luxury car brands Lamborghini and Pagani to create the Lamborghini and Pagani-branded villas at Shams Ar Riyadh. These villas feature the iconic design elements of the respective car brands, creating a unique and exclusive living space.
Sustainability and Vision 2030
Sustainable Development
Dar Al Arkan is committed to sustainable development practices in all its projects. For instance, the company has incorporated green spaces in its master plans. Additionally, the company has invested in energy-efficient technologies, like solar panels, to reduce energy waste and greenhouse gas emissions.
Contribution to Vision 2030
Dar Al Arkan’s mission is to support the goals of Vision 2030 by providing integrated lifestyle residential projects that cater to Saudi Arabian market requirements. The company’s master plans are designed to promote sustainable living, foster social cohesion, and enhance the quality of life for its residents. Dar Al Arkan’s contribution to Vision 2030 is evident in the following ways:
- The company has delivered over 15,000 residential units and 500,000 sqm of commercial space.
- Dar Al Arkan is listed on the Saudi Stock Exchange, which has helped to increase the transparency and accountability of the company’s operations.
- The company operates in eight countries, which has helped to diversify the Saudi Arabian economy and promote international trade.
- The company’s commitment to sustainable development practices aligns with Vision 2030’s goal of promoting environmental sustainability and reducing carbon emissions.
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Frequently Asked Questions
What real estate projects does Dar Al Arkan develop in Saudi Arabia?
- Dar Al Arkan Real Estate Development Company focuses on developing integrated communities for life in the region.
- They have developed residential properties, commercial properties, and mixed-use properties.
- Their residential properties include villas, apartments, and townhouses.
- Their commercial properties include office buildings, shopping centers, and hotels.
How has Dar Al Arkan incorporated 3D printing technology into its construction processes?
- Dar Al Arkan has incorporated 3D printing technology in its construction processes to enhance efficiency and reduce construction time.
- They have used 3D printing technology to create building components
Who currently holds the position of CEO at Dar Al Arkan Real Estate Development Company?
- The current CEO of Dar Al Arkan Real Estate Development Company is Mr. Yousef Bin Abdullah Al Shelash.
Can you describe the significance of the Dar Al Arkan logo in representing the company’s brand?
- The Dar Al Arkan logo represents the company’s commitment to quality, innovation, and sustainability.
- The logo features a stylized building representation, symbolizing the company’s focus on real estate development.
How does Dar Al Arkan’s presence in Riyadh contribute to the city’s real estate market?
- Dar Al Arkan’s presence in Riyadh has contributed to the city’s real estate market by providing high-quality and innovative real estate solutions.
- They have developed several landmark projects in Riyadh, including the Shams Ar Riyadh and Al Qasr Mall.
- Their projects have helped to enhance the city’s urban landscape and have provided residents with modern and sustainable living and working spaces.