Dar Global Regulatory News (DAR)

Dar Global PLC

(Incorporate in England and Wales)

Company Number: 14388348

ISIN: GB00BQXNJY41

LEI: 213800XRFXQ1KEWACW80

17 June 2026

DAR GLOBAL PLC

('Dar Global', or the 'Company', or the 'Group')

DAR GLOBAL MARKS FIVE YEARS OF GROWTH WITH USD 23 BILLION DEVELOPMENT PORTFOLIO AND EXPANSION INTO NEW BUSINESS VERTICALS

Dar Global, the London-listed luxury real estate developer, is marking its fifth anniversary following a period of rapid international expansion that has transformed the company into a USD 23 billion global real estate platform serving investors from more than 125 nationalities.

Since launching its first project in Dubai in 2021, Dar Global has expanded across Saudi Arabia, the UAE, Oman, Qatar, Spain, Greece and the United Kingdom, establishing a diversified portfolio of luxury residential, hospitality and lifestyle destinations.

The milestone follows a transformational year for the company. In FY2025, Dar Global tripled its Gross Development Value from USD 7.5 billion in FY2024 to USD 23 billion, reflecting the scale and quality of the pipeline it has built across global markets, including five major master-planned communities and a growing portfolio of globally recognised branded residences.

Revenue increased by 124% to USD 539 million, while EBITDA reached a record USD 126 million, reflecting strong operational performance and sustained demand across its international portfolio. Today, the company has approximately 6,100 units under construction across 16 projects and maintains a strong financial position, supported by USD 702 million in cash and cash equivalents as of December 2025, alongside a recently secured USD 250 million financing facility to support future growth.

Ziad El Chaar, Chief Executive Officer of Dar Global, said: "Over the last five years, we have built a company designed for global citizens, investors who increasingly live, work and invest across multiple countries. What began as a luxury real estate developer has evolved into a diversified platform spanning real estate, hospitality, golf, private clubs, asset management and emerging real estate technologies, developed alongside some of the world's most recognised brands. As we look ahead, our ambition is not simply to build homes, but to create destinations, experiences and ecosystems that define the future of luxury living."

As part of its next phase of growth, Dar Global has expanded into hospitality and entertainment, with luxury hotels under development in Dubai, Riyadh, Muscat and the Maldives. The company is also building a portfolio of golf destinations and private members' clubs across key international markets. In parallel, Dar Global has launched Dar Global Capital Partners, its asset management platform, while advancing initiatives in real estate tokenization as part of its strategy to participate in the future evolution of global real estate investment.

Another defining element of the company's growth has been its partnerships with some of the world's most recognised luxury brands, including The Trump Organization, Automobili Lamborghini, Aston Martin, Pagani, FENDI, ELIE SAAB, Missoni, Mouawad, Marriott Residences, W Hotels and Nickelodeon Hotels and Resorts.

The company recently became the first GCC-based business to be upgraded to the ESCC category of the London Stock Exchange, reflecting its commitment to international governance standards and transparency.

Looking ahead, Dar Global plans to deepen its focus on asset management, hospitality and technology-enabled real estate solutions while progressing major master communities in Muscat, Riyadh, Jeddah, Southern Spain, with an additional large-scale community planned in Greece.

"We believe we are only at the beginning of our growth journey," El Chaar added. "Our ambition is to continue building one of the world's leading real estate platforms for global citizens while creating long-term value for our investors, partners and customers."

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About Dar Global

Dar Global PLC is a highly differentiated international real estate business. It focuses predominantly on developing real estate projects comprising second and vacation homes for internationally mobile customers, in some of the most desirable locations across the Middle East and Europe, including downtown Dubai, Muscat Oman, London and the Costa del Sol region in the South of Spain.

Dar Global was originally established to house and develop the international assets of Dar Al Arkan Real Estate Development PJSC ('DAARE'), a leading real estate developer in the Kingdom of Saudi Arabia. Listed on the Saudi Stock Exchange since 2007, Dar Al Arkan has delivered over 15,000 residential units with total assets of c. US$11 billion.

The Company intends to expand its focus to hospitality assets. The aim is to acquire or build hotels and sell them after a period of three to five years of operation once the hotels or resorts' revenue streams stabilise. Target markets include Spain, Dubai, Maldives, Athens, Saudi Arabia and London.

Dar Global was admitted to the Main Market of the London Stock Exchange on 28 February 2023.

Please visit www.DarGlobal.co.uk