Dar Global Regulatory News (DAR)

Dar Global PLC

(Incorporated in England and Wales)

Company Number: 14388348

ISIN: GB00BQXNJY41

LEI: 213800XRFXQ1KEWACW80

Dar Global plc

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

Gross Development Value reaches US$19 billion with major expansion in Saudi Arabia

Dar Global, the London-listed luxury real estate developer, announces today that continued expansion in Saudi Arabia has contributed to an increase in its gross development value ('GDV') to US$19 billion, with a total international development pipeline exceeding US$19 billion across multiple markets.

Dar Global continues to expand its footprint and deepen its focus in Saudi Arabia, with a number of exciting recent launches in the GCC, contributing to the increase in GDV. The business is confident about the opportunities that lie ahead, both in terms of potential projects and the region's transformative growth. Further updates will be shared in due course, as each new development project is unveiled.

This milestone reflects Dar Global's position at the forefront of Saudi Arabia's ongoing transformation, as the country prepares to open its property market to expatriate investment in January 2026. The reform marks a defining moment for the Kingdom's real-estate sector, and Dar Global is among the first to capitalise on this new era of openness and international participation.

Ziad El Chaar, CEO of Dar Global, said: "Dar Global was built on a deep understanding of where global and regional wealth flows are heading. As the Kingdom enters a new phase of openness and global integration, we are uniquely positioned to lead this next chapter, connecting international investors to the Saudi story. The increase of our GDV to US$19 billion reflects not just growth in numbers, but confidence in our vision, our execution, and in Saudi Arabia's extraordinary potential."

The Company's accelerated growth is the result of a series of high-profile project signings and strategic partnerships in Saudi Arabia, reinforcing its long-term commitment to the market. Dar Global's developments align with the ambitions of Vision 2030, blending international design excellence with the cultural authenticity of Saudi destinations.

Supported by its London Stock Exchange listing, Dar Global continues to attract global investors, including buyers from over 115 nationalities, expand its footprint, and deliver world-class developments that redefine luxury living across London, Marbella, Dubai, Jeddah, Riyadh, Muscat, and Doha.

-ENDS-

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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 in 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$9.5 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