Dar Global’s Project Pipeline Hits $19 Billion Amid Saudi Expansion

Luxury real estate developer Dar Global has announced its project pipeline has reached a gross development value of $19 billion, driven by a strategic expansion across Saudi Arabia as the Kingdom prepares to open its property market to foreign non-resident buyers in January 2026.
Dar Global Reaches $19B Project Pipeline Ahead of Saudi Foreign Ownership Law Dar Global Reaches $19B Project Pipeline Ahead of Saudi Foreign Ownership Law

The company, the first Saudi firm to be listed on the London Stock Exchange, confirmed on Monday that new projects in Riyadh, Jeddah, and key coastal tourism zones have significantly increased its portfolio, with Saudi Arabia now representing its fastest-growing market.

This milestone coincides with one of the most significant regulatory shifts in Saudi Arabia’s real estate sector. A new law, effective from January 2026, will permit foreign ownership of property in designated economic and development zones. The regulation stipulates that foreign entities must invest a minimum of SAR 30 million in commercial projects and commence construction within five years. Individual foreign buyers will also be permitted to purchase residential properties in approved areas.

The Real Estate General Authority (REGA) is set to release the full details, including the list of eligible zones, through its digital platform, Istitaa.

“The increase of our GDV to $19 billion reflects not just growth in numbers, but confidence in our vision, our execution, and in Saudi Arabia’s extraordinary potential,” said Ziad El Chaar, CEO of Dar Global.

In recent months, Dar Global has secured partnerships linked to the Kingdom’s giga-projects, including collaborations with Red Sea Global and Diriyah. The developer has also partnered with global luxury brands such as Aston Martin, Fendi, Elie Saab, the Trump Organization, and Lamborghini to create premium real estate offerings aimed at high-net-worth international investors.

El Chaar highlighted the enormous potential of the market, which is already valued at nearly $100 billion annually. “Saudi is going to become a very big anchor for international investment,” he stated in a recent interview. “You can imagine the scale once foreign investors join.”

He also noted that the new ownership rules will be implemented carefully “in a way that avoids speculation and protects affordability for local citizens,” describing the strategy as “visionary planning.” The Kingdom’s focus on enhancing its infrastructure, including improving airport punctuality, supports this large-scale development drive.

The expansion comes as the regional property market shows unprecedented strength, with markets like Dubai achieving record-breaking sales in 2025. Dar Global’s growing portfolio, which already spans London, Marbella, Dubai, Muscat, Doha, and Athens, is now heavily weighted towards its home market, poised to attract a new wave of international capital.