Luxurious actual property developer Dar International stated its mission pipeline has reached $19 billion, pushed by growth throughout Saudi Arabia because the Kingdom prepares to open its actual property market to overseas non-resident consumers in early 2026.
The corporate, the primary Saudi agency to listing on the London Inventory Trade, stated new tasks launched throughout Riyadh, Jeddah and coastal tourism zones have lifted its gross improvement worth, with Saudi now accounting for a bigger share of its general portfolio.
The milestone comes as Saudi Arabia’s actual property sector approaches one in all its most vital regulatory reforms. Efficient January 2026, a brand new legislation will allow overseas possession in designated zones, with particular standards for each business and residential properties.
Underneath the regulation, overseas entities should make investments a minimal of SAR 30 million in business developments and start building inside 5 years, whereas particular person overseas consumers may also be allowed to buy residential property in authorized areas. The Actual Property Normal Authority (REGA) will launch full particulars, together with the listing of eligible zones, via its Istitaa digital platform.
“Dar International was constructed on a deep understanding of the place world and regional wealth flows are heading,” CEO Ziad El Chaar stated in an announcement. “The rise of our GDV to $19 billion displays not simply progress in numbers, however confidence in our imaginative and prescient, our execution, and in Saudi Arabia’s extraordinary potential.”
Dar International has signed a sequence of partnerships in current months linked to the Kingdom’s large-scale improvement programme, together with tasks with Purple Sea International and Diriyah, aligning with the federal government’s drive to draw overseas funding and diversify the financial system past oil.
The corporate stated its Saudi developments mix worldwide design requirements with native cultural parts and proceed to draw consumers from greater than 115 nationalities. Its wider portfolio spans London, Marbella, Dubai, Muscat, Doha and Athens, however Saudi Arabia is now its fastest-growing market.
“Saudi goes to turn into a really large anchor for worldwide funding,” he stated in a current interview on Arabian Enterprise’ AB Majlis podcast. “The market is already price near $100 billion a yr earlier than the brand new legislation even takes impact, so you possibly can think about the dimensions as soon as overseas buyers be a part of.”
He added that the brand new possession guidelines can be launched “in a approach that avoids hypothesis and protects affordability for native residents,” describing the method as “visionary planning that learns from the errors of different international locations.”
Dar International’s collaborations with world luxurious manufacturers corresponding to Aston Martin, Fendi, Elie Saab, Trump Group and Lamborghini purpose to supply premium real-estate merchandise that attraction to high-net-worth worldwide buyers.
“Saudi is rising at an exceptional charge for a G20 nation, with inhabitants progress of round two to 3 p.c a yr,” El Chaar instructed AB Majlis. “Which means there’ll all the time be demand for actual property, since you want homes for that rising inhabitants.”
The Kingdom’s property reforms, as a consequence of take impact subsequent yr, are anticipated to open a brand new chapter for the sector by formalising overseas participation and setting clear funding standards for worldwide builders and consumers.
