Artificial Intelligence
Builders Company
Developers/Dar Al Arkan
DA
Dar Al ArkanRiyadh, Saudi Arabia · founded 1994 · 7 active markets
PUBLIC LISTED
www.daralarkan.com

Dar Al Arkan invests in and develops residential, commercial, hospitality, retail, and mixed-use communities, land holdings, and branded luxury projects. Portfolio spans Saudi Arabia and international markets, serving homeowners, investors, tenants, and visitors through sales, leasing, partnerships, and management services.

Years in business
32
founded 1994
Employees
247
employees, as reported in a filing · 2025 · size band 1,001–5,000
LinkedIn headcount
1001-5000
employees, as shown on LinkedIn
Portfolio value
SAR 22 billion
2025
Assets under management
SAR 31 billion
FY 2024
Total projects
21 projects
across the company’s whole history
Units delivered
over 15,000 residential units
as the company states it
Projects last researched October 8, 2026
Every figure on this card was read out of a document.

Overview

Investor tear sheet

a summary of the tabs that follow · no rating of our own

Company dossier

Legal name
DAR AL ARKAN REAL ESTATE DEVELOPMENT COMPANY1
Headquarters
12622 Makkah Al Mukarramah Branch Road1, Riyadh1, Saudi Arabia
Founded
19941
Entity type
PUBLIC LISTED2
Business model
offplan for sale1, commercial1, mixed use1, masterplan1, build to sell institutional1
Markets
7 markets listed
What they build
Residential, for sale (6 of 7) · Retail (1 of 7) · Other (1 of 7)
Full dossier in About →

Delivery record

5 date-assessed of 7 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
7
within the rolling ten-year window
Median delay
+14.5 mo
the middle of 5 scored projects
Average delay
+15.7 mo
the same projects, pulled by the worst
Average time to deliver
3.6 yrs
start to completion, over 5 delivered projects
Worst slip
+31.5 mo
Urban Oasis by Missoni · +30.0 to +33.0
2
early or less than 6 months late
6 to 12 months late
0
yellow rows below
Over 12 months late
3
red rows below

Against other developers

5 date-assessed here · 18 developers, 34 date-assessed projects in Saudi Arabia
Median delay
Dar Al Arkan·18 developers in Saudi Arabia
+14.5 mo vs +7.5 mo
this developer 7.0 mo worse
The typical project on each side.
Average delay
Dar Al Arkan·18 developers in Saudi Arabia
+15.7 mo vs +13.8 mo
this developer 1.9 mo worse
Both pulled by their worst few.
On time
Dar Al Arkan·18 developers in Saudi Arabia
40% vs 50%
this developer 10 pts worse
Share of date-assessed projects delivered early or less than 6 months after the original target. Exactly 6 months late is excluded.
Average time to deliver
Dar Al Arkan·18 developers in Saudi Arabia
3.6 yrs vs 3.6 yrs
this developer is level
Start to completion, over 5 delivered here and 26 in the market.
Projects and timelines in Track Record →

Resident experience

4 of 7 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
7.8/ 10
Weighted judgment across build and operations · from 4 of 4 rated buildings
Little structure evidence (0 of 4 buildings) — this rests mainly on whole-building and living reviews.
Structure & systems
—/ 10
Fabric, services, waterproofing, envelope · from 0 of 4 rated buildings
Management & living
7.3/ 10
Upkeep, response times, amenities, community · from 4 of 4 rated buildings

Against other developers

4 rated here · 25 developers, 64 rated buildings in Saudi Arabia
Overall rating
Dar Al Arkan · 25 other developers in Saudi Arabia
7.8 vs 7.9
this developer 0.1 worse
The weighted verdict on each side. From 4 of 4 rated buildings here and 64 in the market.
Structure & systems
Dar Al Arkan · 25 other developers in Saudi Arabia
— vs —
Too few buildings with this score here to compare (0 of 4)
Fabric and engineering only — fixed at handover. From 0 of 4 rated buildings here and 18 in the market.
Management & living
Dar Al Arkan · 25 other developers in Saudi Arabia
7.3 vs 7.7
this developer 0.4 worse
Upkeep and response — belongs to whoever runs the building now. From 4 of 4 rated buildings here and 59 in the market.
The market here is Saudi Arabia: every other developer whose head office is in the same country, because the review platforms residents use, and the service norms they judge against, move together within one. It is not a city, a sector or a price band. Read structure and living together. A developer above the market on structure and below it on living builds well and runs buildings badly, which is a fixable problem and a different one from building badly. Higher ratings are better; differences use the displayed scores rounded to one decimal. Rated buildings only, on both sides, and a structure or living score with no stated basis — no review count and no notes or links — is left out of both.
Ratings by building →

Awards & recognition

All awards →

Risks & source coverage

  • REGULATORY Final decision: 20 July 2023; compensation announcement: 29 September 2025 The Saudi Capital Market Authority reported that a final 20 July 2023 securities-disputes decision found 17 investors liable for violations involving trading in Dar Alarkan shares, ordered SAR 1.196 billion in restitution from them and five additional investors, and led to compensation for more than 17,000 affected investors; the reported decision concerned investor conduct, not a finding that Dar Al Arkan itself committed the violations.
  • DELIVERY DELAY Embargo since late 2022; status as of 31 December 2024; reported in the 2024 annual report published in 2025 Dar Al Arkan’s 2024 annual report states that Shams Ar Riyadh land had been under embargo since late 2022, that infrastructure in zones 1, 3 and 5 was still only over 55% complete as of 31 December 2024, and that the company was still working to revive approvals for the remaining last-mile infrastructure before completion and handover.
  • DELIVERY DELAY 2017-04-25; status reported as of 2023-12-31; approval update 2025-10-07 Shams Ar Riyadh (Dar Al Arkan) was reported delayed in April 2017 because master-plan amendments awaited Arriyadh Development Authority approval; infrastructure in zones 1, 3 and 5 was still on hold pending regulatory approvals at the end of 2023, although the company later reported that the master-plan approvals were secured in October 2025 and said completion was targeted before the end of 2026—there is no basis here to call that future target an actual completion.
  • 1 more in Risk & Sources
Record status
active
Company sources
159 source entries across 156 fields
Projects tracked
7 · 7 completed in assessment
All flags and sources →

Track Record

Delivery record

5 date-assessed of 7 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
7
within the rolling ten-year window
Median delay
+14.5 mo
the middle of 5 scored projects
Average delay
+15.7 mo
the same projects, pulled by the worst
Average time to deliver
3.6 yrs
start to completion, over 5 delivered projects
Worst slip
+31.5 mo
Urban Oasis by Missoni · +30.0 to +33.0
2
early or less than 6 months late
6 to 12 months late
0
yellow rows below
Over 12 months late
3
red rows below

Against other developers

5 date-assessed here · 18 developers, 34 date-assessed projects in Saudi Arabia
Median delay
Dar Al Arkan·18 developers in Saudi Arabia
+14.5 mo vs +7.5 mo
this developer 7.0 mo worse
The typical project on each side.
Average delay
Dar Al Arkan·18 developers in Saudi Arabia
+15.7 mo vs +13.8 mo
this developer 1.9 mo worse
Both pulled by their worst few.
On time
Dar Al Arkan·18 developers in Saudi Arabia
40% vs 50%
this developer 10 pts worse
Share of date-assessed projects delivered early or less than 6 months after the original target. Exactly 6 months late is excluded.
Average time to deliver
Dar Al Arkan·18 developers in Saudi Arabia
3.6 yrs vs 3.6 yrs
this developer is level
Start to completion, over 5 delivered here and 26 in the market.
The market here is Saudi Arabia: every other developer whose head office is in the same country, because planning regimes and reporting norms move together within one. It is not a city, a sector or a size band. Read the two delay figures together. A median close to the market with a much better average means no single disaster; the reverse means one project is carrying the record. Time to deliver runs from the earliest start we hold to the completion itself — a construction start where a source gave one, otherwise a sales launch, otherwise the launch year read as its January. A handover the sources place only inside a year is read as that December, so a duration is the widest the record allows rather than the flattering end of it. Only delivered projects dated at both ends count, so it is taken over fewer projects than the delay figures, and a long build is not a fault: a tower is not a villa run. Sourced figures only, both sides, and values taken from documents held on file are excluded here — a developer who shares their records should not score better than one who does not.

Construction start to handover

7 of 7 projects dated · 5 places
Based on covered projects with documented construction or launch dates and available handover dates. Timelines vary by project and may not represent the developer’s full portfolio.
Construction start, or the launchTarget completion (window)Completion or handover, as reportedCurrently statedLaunch year only, no date publishedEarly or ≤6 mo lateOver 6–12 mo lateOver 12 mo lateStalled
Buraidah, Saudi Arabia
Riyadh, Saudi Arabia
Dubai, United Arab Emirates
London, United Kingdom
Jeddah, Saudi Arabia
20172018201920202021202220232024202520262027todayBURAIDAH, SAUDI ARABIA+28 moverifiedRIYADH, SAUDI ARABIA+14.5 moverifiedDUBAI, UNITED ARAB EMIRATES+4.5 moverified+31.5 moverifiedLONDON, UNITED KINGDOMon timeverifiedcompleted, no target publishedJEDDAH, SAUDI ARABIAcompleted, no target published
Click a row in the chart to open a project, or a table row below to see its sources. The chart runs wider than the page where the record spans many years — scroll it sideways to follow a project to its handover. Every date we have is drawn. A hollow marker is only a launch year, not a date anyone published. No dates published means we looked and found none; dates not yet checked means we have not looked yet. Handing over is not finished — rows say which. A delay is shown when one source gives the promised date and another gives the real one, however rough: "2019" still counts, and the row shows how wide that is. Projects missing one of the two dates, or with sources that disagree, are left out of the figures.

Building & Livability Ratings

Resident experience

4 of 7 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
7.8/ 10
Weighted judgment across build and operations · from 4 of 4 rated buildings
Little structure evidence (0 of 4 buildings) — this rests mainly on whole-building and living reviews.
Structure & systems
—/ 10
Fabric, services, waterproofing, envelope · from 0 of 4 rated buildings
Management & living
7.3/ 10
Upkeep, response times, amenities, community · from 4 of 4 rated buildings

Against other developers

4 rated here · 25 developers, 64 rated buildings in Saudi Arabia
Overall rating
Dar Al Arkan · 25 other developers in Saudi Arabia
7.8 vs 7.9
this developer 0.1 worse
The weighted verdict on each side. From 4 of 4 rated buildings here and 64 in the market.
Structure & systems
Dar Al Arkan · 25 other developers in Saudi Arabia
— vs —
Too few buildings with this score here to compare (0 of 4)
Fabric and engineering only — fixed at handover. From 0 of 4 rated buildings here and 18 in the market.
Management & living
Dar Al Arkan · 25 other developers in Saudi Arabia
7.3 vs 7.7
this developer 0.4 worse
Upkeep and response — belongs to whoever runs the building now. From 4 of 4 rated buildings here and 59 in the market.
The market here is Saudi Arabia: every other developer whose head office is in the same country, because the review platforms residents use, and the service norms they judge against, move together within one. It is not a city, a sector or a price band. Read structure and living together. A developer above the market on structure and below it on living builds well and runs buildings badly, which is a fixable problem and a different one from building badly. Higher ratings are better; differences use the displayed scores rounded to one decimal. Rated buildings only, on both sides, and a structure or living score with no stated basis — no review count and no notes or links — is left out of both.

By building

4 rated · 3 not rated · scale 1–10
ProjectOverallStructure & systemsManagement & living
Da Vinci Tower by PaganiBusiness Bay, Dubai85 units
8.7/ 10
—/ 10
6.8/ 10
Nestopa 5/5, 4/5, 4/5, 4/5 · 1 review · nestopa.com
Combined from 4 published figures on 1 platform, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 6.8.

The Google listing supplies the largest published review base, 19 reviews, and its 4.5/5 converts to 8.5 under the requested curve. The available written praise supports a modest upward commentary adjustment, while the single customer-service complaint and neighborhood drawbacks do not meet the threshold for a recurring deduction; structural scoring remains null because no systems-performance rating or substantiated failure was published.

exa.ainestopa.comzeuscapital.ae
+ Pagani-designed interiors+ Luxury finishes+ Modern architecture+ Rooftop pool+ Gym and wellness facilities
Not found in sources: No recurring structural complaint found · No recurring plumbing complaint found · No recurring HVAC complaint found · No recurring electrical complaint found · No recurring leak or waterproofing complaint found
+ Convenient transport+ Calm views+ Reliable internet+ Good security+ Luxury atmosphere
− Limited nearby dining− Lack of greenery− Customer-service complaint− Traffic/pollution concerns− Limited nearby gyms

Published material describes a completed 19-floor, two-tower project with Pagani interiors, pool, gym, sauna and 24-hour security, but the review evidence does not substantiate construction or systems performance. No written review read here reports a structural, plumbing, HVAC, electrical, leakage or waterproofing failure; therefore no structure rating is assigned.

zeuscapital.aenestopa.com

The resident-style Nestopa review praises convenient transport, calm views, reliable internet and feeling safe because of “well-lit streets and good security around.” It also says there are not many dining places nearby and the area is “lacking greenery”; a separate Google review says the developer’s CRM was “unprofessional,” although that is a single service complaint rather than a recurring building-management theme.

nestopa.comexa.ai
Urban Oasis by MissoniBusiness Bay, Dubai467 units
7.8/ 10
—/ 10
7.8/ 10

Google Reviews/Maps provides the largest building-specific review base at 4.3/5 from 129 reviews, which converts to approximately 8.1/10 under the specified curve. The mostly positive operational and design commentary supports the level, but the single serious security/access-control complaint warrants a downward adjustment; Property Finder is community-level and excluded from scoring.

exa.aizeuscapital.aepropertyfinder.aecushwake.ae
+ Modern interiors+ Clean, contemporary atmosphere+ Floor-to-ceiling views+ Canal-facing design+ Functional kitchens
− Finishing-quality concerns− Limited AC controls− Toilet-fixture concern− Some units impractical for families
Not found in sources: No detailed engineering evidence
+ Canal-side location+ Convenient Downtown access+ Infinity pool and gym+ Friendly staff+ Quiet atmosphere
− Security/access-control complaint− Reception response complaint− Occasional poor floor cleanliness− Traffic and connectivity caveats− Limited community feel

Published building reviews describe a modern, attractive asset: one reviewer praised the “interior ... modern with a gray tone and floor to ceiling” windows, while another called the building “clean” and “modern.” The same material is limited and includes defects or comfort concerns: “finishing quality inside the units is below expectations,” AC control is limited, and one guest reported that a wall-hung toilet appeared slightly dislodged and made cracking sounds; these are observations, not an engineering assessment.

exa.aizeuscapital.ae

The strongest lifestyle praise is for the canal setting, convenience and amenities: a reviewer called the location “super convenient,” and described the building as “calm, modern and upscale,” with excellent concierge and security. The evidence also contains a serious contrary report alleging that people entered apartments without ID checks and that reception was not helpful, plus a 3/5 review mentioning a floor that was not clean on arrival.

exa.aipropertyfinder.ae
Oh So CloseWest Ealing, London17 units
7.7/ 10
—/ 10
7.5/ 10

The building-specific aggregate found is 5/5 from only two reviews. Because it has fewer than 10 reviews, the stated rule caps the converted score within one point of 6.5; structure remains unscored because no building-specific infrastructure review evidence was published.

exa.aiinvestegate.co.ukbenhams.compropertylondon.co.uk
+ Positive overall impression+ Park-adjacent setting+ Elizabeth Line access+ Peaceful neighbourhood+ Luxury finishes
Not found in sources: No recurring management complaint found · No recurring security complaint found · No recurring amenity complaint found · No recurring upkeep complaint found · Limited resident-review evidence

no notes returned

no links returned

The available building-specific review material is extremely limited: the listing shows 5.0/5 from two reviews, while the one review text exposed says the reviewer was “very satisfied” (“很满意！”). Independent property descriptions praise the park setting, transport access and finishes, but these are listing descriptions rather than resident operational reviews; no recurring staff, management, security or upkeep complaint was published in the material read.

exa.aibenhams.compropertylondon.co.uk
Shams Al Arous Phase 1Jeddah253 units
7.2/ 10
—/ 10
7.0/ 10

Yango Maps is the only located published aggregate and reports 4.3/5 from five ratings, which converts to 7.9/10 on the supplied curve. Because the anchor has fewer than ten reviews, the result is kept within one point of 6.5, at 7.0; no structure score is assigned because no published review evidence about the physical systems was found. Dar Al Arkan’s 2024 annual report and Q1 2025 presentation state that Phase 1 construction was completed in Q1 2024 and handover was underway, but those are company status disclosures rather than resident reviews, and no later source was located to establish final handover status as of 8 October 2026.

maps.yango.comreviewsaudi.comdaralarkan.comdaralarkan.com
− Project-start uncertainty− Long waiting period
Not found in sources: Limited resident feedback · No operational evidence · No management evidence

no notes returned

no links returned

The only written operational feedback located was a 13 August 2019 complaint from a prospective customer who said they had been waiting more than six years and did not know why the project had not been announced or started. The separate Yango Maps listing publishes an overall 4.3/5 from five ratings, but provides no aspect scores or operational review text, so current day-to-day living quality remains weakly evidenced.

reviewsaudi.commaps.yango.com
Only buildings that have reached handover are rated. 3 of 7 projects carry no rating: a building still under construction is never asked about, one that has just been handed over may not have been reached yet, and the rest were asked about and no published resident commentary was found. Structure is fixed at handover and stays the developer's; management and living belongs to whoever runs the building now. The overall verdict weights both rather than averaging them. None of this is checked: a rating is what people published about a building, aggregated — it is not evidence, it cannot move a delay figure, and it is not part of the delivery record above.

About

Company dossier

Legal name
DAR AL ARKAN REAL ESTATE DEVELOPMENT COMPANY
Headquarters
12622 Makkah Al Mukarramah Branch Road, Riyadh, Saudi Arabia
Wizarat · 11656
Founded
1994
Riyadh, Saudi Arabia
Entity type
PUBLIC LISTED
Revenue
SAR 3899.8 million
2025-12-31
Business model
offplan for sale, commercial, mixed use, masterplan, build to sell institutional

Offices

head office and 1 other
Jeddah

Sources: office cities

COMPANYdate not shown in source

Contact

Dar Al Arkan
Jeddah, KSA
value seen: Jeddah
https://www.daralarkan.com/contact

Partners

9 partners
ROSHN
government partner

Dar Al Arkan ... signed ... a project to build 200 luxury villas in ... SEDRA ... This is the second project ... partnership with ROSHN.

The Trump Organization
operator

in collaboration with ... The Trump Organization ... Trump International Golf Club, Wadi Safar

OMRAN Group
government partner

Dar Al Arkan ... and Oman Tourism Development Company (OMRAN Group) ... have signed an agreement ... to develop AIDA

Saudi Aramco
government partner

Dar Al Arkan secured Saudi Aramco approval as the sole approved vendor for 3DCP

NEOM
government partner

delivered a drive-through café and four accommodation pods in 2023 for Neom

COBOD
contractor

In collaboration with COBOD, a global leader in modular 3D construction printers

Automobili Lamborghini
operator

Tierra Viva ... developed in partnership with Automobili Lamborghini

Elie Saab
operator

Etoile Project ... villas ... in partnership with Elie Saab

Mouawad
operator

Neptune, Interiors by Mouawad ... villas ... branded with MOUAWAD

Sources: partners

FILINGdate not shown in source

Annual Report 2025

Dar Al Arkan
Dar Al Arkan ... signed ... a project to build 200 luxury villas in ... SEDRA ... This is the second project ... partnership with ROSHN.
value seen: ROSHN
value paraphrased from this source
https://cdn.daralarkan.com/DAR_annual_report_2025_EN_d044f7afc3.pdf

Sources: summary

FILINGdate not shown in source

Annual Report 2025

Dar Al Arkan
Dar Al Arkan ... signed ... a project to build 200 luxury villas in ... SEDRA ... This is the second project ... partnership with ROSHN.
value seen: Dar Al Arkan ... signed ... a project to build 200 luxury villas in ... SEDRA ... This is the second project ... partnership with ROSHN.
value paraphrased from this source
https://cdn.daralarkan.com/DAR_annual_report_2025_EN_d044f7afc3.pdf

Sources: partners

COMPANY2026-01-11

Trump International Golf Club

Dar Al Arkan
in collaboration with ... The Trump Organization ... Trump International Golf Club, Wadi Safar
value seen: The Trump Organization
value paraphrased from this source
https://www.daralarkan.com/en/press/dar-al-arkan-dar-global-trump-organization-trump-international-golf-club-wadi-safar-riyadh

Sources: summary

FILINGdate not shown in source

Annual Report 2025

Dar Al Arkan
in collaboration with ... The Trump Organization ... Trump International Golf Club, Wadi Safar
value seen: in collaboration with ... The Trump Organization ... Trump International Golf Club, Wadi Safar
value paraphrased from this source
https://cdn.daralarkan.com/DAR_annual_report_2025_EN_d044f7afc3.pdf

Sources: partners

COMPANY2022-08-24

AIDA partnership

Dar Al Arkan
Dar Al Arkan ... and Oman Tourism Development Company (OMRAN Group) ... have signed an agreement ... to develop AIDA
value seen: OMRAN Group
value paraphrased from this source
https://www.daralarkan.com/press/dar-al-arkan-and-omran-group-announce-partnership-to-develop-aida-overlooking-the-sea-of-oman/

Sources: summary

FILINGdate not shown in source

Annual Report 2025

Dar Al Arkan
Dar Al Arkan ... and Oman Tourism Development Company (OMRAN Group) ... have signed an agreement ... to develop AIDA
value seen: Dar Al Arkan ... and Oman Tourism Development Company (OMRAN Group) ... have signed an agreement ... to develop AIDA
value paraphrased from this source
https://cdn.daralarkan.com/DAR_annual_report_2025_EN_d044f7afc3.pdf

Sources: partners

FILINGdate not shown in source

Annual Report 2025

Dar Al Arkan
Dar Al Arkan secured Saudi Aramco approval as the sole approved vendor for 3DCP
value seen: Saudi Aramco
value paraphrased from this source
https://cdn.daralarkan.com/DAR_annual_report_2025_EN_d044f7afc3.pdf

Sources: summary

FILINGdate not shown in source

Annual Report 2025

Dar Al Arkan
Dar Al Arkan secured Saudi Aramco approval as the sole approved vendor for 3DCP
value seen: Dar Al Arkan secured Saudi Aramco approval as the sole approved vendor for 3DCP
value paraphrased from this source
https://cdn.daralarkan.com/DAR_annual_report_2025_EN_d044f7afc3.pdf

Sources: partners

FILINGdate not shown in source

Annual Report 2025

Dar Al Arkan
delivered a drive-through café and four accommodation pods in 2023 for Neom
value seen: NEOM
value paraphrased from this source
https://cdn.daralarkan.com/DAR_annual_report_2025_EN_d044f7afc3.pdf

Sources: summary

FILINGdate not shown in source

Annual Report 2025

Dar Al Arkan
delivered a drive-through café and four accommodation pods in 2023 for Neom
value seen: delivered a drive-through café and four accommodation pods in 2023 for Neom
value paraphrased from this source
https://cdn.daralarkan.com/DAR_annual_report_2025_EN_d044f7afc3.pdf

Sources: partners

FILINGdate not shown in source

Annual Report 2025

Dar Al Arkan
In collaboration with COBOD, a global leader in modular 3D construction printers
value seen: COBOD
value paraphrased from this source
https://cdn.daralarkan.com/DAR_annual_report_2025_EN_d044f7afc3.pdf

Sources: summary

FILINGdate not shown in source

Annual Report 2025

Dar Al Arkan
In collaboration with COBOD, a global leader in modular 3D construction printers
value seen: In collaboration with COBOD, a global leader in modular 3D construction printers
value paraphrased from this source
https://cdn.daralarkan.com/DAR_annual_report_2025_EN_d044f7afc3.pdf

Sources: partners

FILINGdate not shown in source

Annual Report 2025

Dar Al Arkan
Tierra Viva ... developed in partnership with Automobili Lamborghini
value seen: Automobili Lamborghini
value paraphrased from this source
https://cdn.daralarkan.com/DAR_annual_report_2025_EN_d044f7afc3.pdf

Sources: summary

FILINGdate not shown in source

Annual Report 2025

Dar Al Arkan
Tierra Viva ... developed in partnership with Automobili Lamborghini
value seen: Tierra Viva ... developed in partnership with Automobili Lamborghini
value paraphrased from this source
https://cdn.daralarkan.com/DAR_annual_report_2025_EN_d044f7afc3.pdf

Sources: partners

FILINGdate not shown in source

Annual Report 2025

Dar Al Arkan
Etoile Project ... villas ... in partnership with Elie Saab
value seen: Elie Saab
value paraphrased from this source
https://cdn.daralarkan.com/DAR_annual_report_2025_EN_d044f7afc3.pdf

Sources: summary

FILINGdate not shown in source

Annual Report 2025

Dar Al Arkan
Etoile Project ... villas ... in partnership with Elie Saab
value seen: Etoile Project ... villas ... in partnership with Elie Saab
value paraphrased from this source
https://cdn.daralarkan.com/DAR_annual_report_2025_EN_d044f7afc3.pdf

Sources: partners

FILINGdate not shown in source

Annual Report 2025

Dar Al Arkan
Neptune, Interiors by Mouawad ... villas ... branded with MOUAWAD
value seen: Mouawad
value paraphrased from this source
https://cdn.daralarkan.com/DAR_annual_report_2025_EN_d044f7afc3.pdf

Sources: summary

FILINGdate not shown in source

Annual Report 2025

Dar Al Arkan
Neptune, Interiors by Mouawad ... villas ... branded with MOUAWAD
value seen: Neptune, Interiors by Mouawad ... villas ... branded with MOUAWAD
value paraphrased from this source
https://cdn.daralarkan.com/DAR_annual_report_2025_EN_d044f7afc3.pdf

Registrations & licences

COMPANY NUMBER1010160195
Riyadh Commercial Registry · SA · active
Jurisdiction-agnostic: a DLD number, a Companies House number and a state RERA registration all land in the same table.

Contact

Markets

7 countries
Saudi Arabiaactive 3 projects tracked
United Arab Emiratesactive 2 projects tracked
Qataractive 0 projects tracked
Omanactive 0 projects tracked
United Kingdomactive 2 projects tracked
Bosnia & Herzegovinaactive 0 projects tracked
Spainactive 0 projects tracked

What they build

3 types
Residential, for sale6 of 7
Retail1 of 7
Other1 of 7
A project counts once under each type it carries, so the shares add to more than the project count.

Management

Principals & executives

6 names found
YA
Yousef Abdullah Al Shelash
Dar Al Arkan’s non-executive chairman and cofounder. The company’s 2025 report records his Islamic-law and procedural-systems education.
Current title
Chairman
since 1994
Experience
no career length stated
Companies before
none sourced
Education
Imam Muhammad bin Saud Islamic UniversityBachelor’s degree in Islamic law
Institute of ManagementDiploma of Studies in Procedural Systems
Other boards
Chairman of Alkhair Capital Saudi Arabia
Known for
FounderChairman

Sources: education

COMPANYdate not shown in source

Annual Report 2025

Dar Al Arkan
Mr. Al Shelash holds a bachelor’s degree in Islamic law from Imam Muhammad bin Saud Islamic University
value seen: bachelor’s degree in Islamic law from Imam Muhammad bin Saud Islamic University
https://cdn.daralarkan.com/DAR_annual_report_2025_EN_d044f7afc3.pdf

Sources: education

COMPANYdate not shown in source

Annual Report 2025

Dar Al Arkan
and a Diploma of Studies in Procedural Systems from the Institute of Management.
value seen: Diploma of Studies in Procedural Systems from the Institute of Management
https://cdn.daralarkan.com/DAR_annual_report_2025_EN_d044f7afc3.pdf

Sources: full name

COMPANYdate not shown in source

Annual Report 2025

Dar Al Arkan
Yousef Abdullah Al Shelash BOARD CHAIRMAN
value seen: Yousef Abdullah Al Shelash
https://cdn.daralarkan.com/DAR_annual_report_2025_EN_d044f7afc3.pdf

Sources: other boards

COMPANYdate not shown in source

Annual Report 2025

Dar Al Arkan
Chairman of Alkhair Capital Saudi Arabia.
value seen: Chairman of Alkhair Capital Saudi Arabia
https://cdn.daralarkan.com/DAR_annual_report_2025_EN_d044f7afc3.pdf

Sources: since

PRESS2025-05-17

The Saudi Real Estate Tycoon Who’s A “Member Of The Trump Family”

Forbes
Al Shelash ... cofounded [Dar Al Arkan] in 1994
value seen: cofounded ... in 1994
https://www.forbes.com/sites/giacomotognini/2025/05/17/the-saudi-real-estate-tycoon-whos-a-member-of-the-trump-family/

Sources: summary

COMPANYdate not shown in source

Annual Report 2025

Dar Al Arkan
Yousef Abdullah Al Shelash BOARD CHAIRMAN
value seen: BOARD CHAIRMAN
value paraphrased from this source
https://cdn.daralarkan.com/DAR_annual_report_2025_EN_d044f7afc3.pdf

Sources: tags

PRESS2025-05-17

The Saudi Real Estate Tycoon Who’s A “Member Of The Trump Family”

Forbes
Al Shelash ... cofounded [Dar Al Arkan] in 1994
value seen: cofounded [Dar Al Arkan] in 1994
https://www.forbes.com/sites/giacomotognini/2025/05/17/the-saudi-real-estate-tycoon-whos-a-member-of-the-trump-family/

Sources: title

COMPANYdate not shown in source

Annual Report 2025

Dar Al Arkan
Yousef Abdullah Al Shelash BOARD CHAIRMAN
value seen: BOARD CHAIRMAN
https://cdn.daralarkan.com/DAR_annual_report_2025_EN_d044f7afc3.pdf
AR
Anand Raheja
Group CEO, promoted from CFO in June 2019. Dar Al Arkan’s report describes more than 32 years’ experience across real-estate companies and accounting and audit firms in the Middle East, US, UK and India.
Current title
Chief Executive Officer
since June 2019
Experience
32+ years ’ experience
Companies before
none sourced
Education
New York UniversityMaster’s degree in Finance
Other boards
none sourced
Known for
CEOEx-CFOMBA Finance
https://sa.linkedin.com/in/andy-raheja-72bba6b

Sources: education

COMPANYdate not shown in source

Annual Report 2025

Dar Al Arkan
Mr. Raheja holds a Master’s degree in Finance from New York University.
value seen: Master’s degree in Finance from New York University
https://cdn.daralarkan.com/DAR_annual_report_2025_EN_d044f7afc3.pdf

Sources: full name

COMPANYdate not shown in source

Annual Report 2025

Dar Al Arkan
Anand Raheja CHIEF EXECUTIVE OFFICER
value seen: Anand Raheja
https://cdn.daralarkan.com/DAR_annual_report_2025_EN_d044f7afc3.pdf

Sources: linkedin page

SOCIAL2026-09-24

Andy Raheja

LinkedIn
Andy Raheja CEO at Dar Al Arkan
value seen: https://sa.linkedin.com/in/andy-raheja-72bba6b
https://sa.linkedin.com/in/andy-raheja-72bba6b

Sources: since

COMPANYdate not shown in source

Annual Report 2025

Dar Al Arkan
Mr. Raheja was promoted to the role of Chief Executive Officer (CEO) in June 2019.
value seen: promoted ... June 2019
https://cdn.daralarkan.com/DAR_annual_report_2025_EN_d044f7afc3.pdf

Sources: summary

COMPANYdate not shown in source

Annual Report 2025

Dar Al Arkan
He has more than 32 years of experience working with the largest real estate companies and accounting and auditing firms in the Middle East, US, UK, and India.
value seen: more than 32 years of experience
https://cdn.daralarkan.com/DAR_annual_report_2025_EN_d044f7afc3.pdf

Sources: tags

COMPANYdate not shown in source

Annual Report 2025

Dar Al Arkan
Mr. Raheja holds a Master’s degree in Finance from New York University.
value seen: Master’s degree in Finance from New York University
https://cdn.daralarkan.com/DAR_annual_report_2025_EN_d044f7afc3.pdf

Sources: title

COMPANYdate not shown in source

Annual Report 2025

Dar Al Arkan
Anand Raheja CHIEF EXECUTIVE OFFICER
value seen: CHIEF EXECUTIVE OFFICER
https://cdn.daralarkan.com/DAR_annual_report_2025_EN_d044f7afc3.pdf
HB
Hethloul Bin Saleh Al Hethloul
Non-executive vice chairman and executive-committee member. His documented expertise is in real-estate investment, finance, valuation and strategic planning.
Current title
Vice Chairman of the Board
since 23 June 2025
Experience
no career length stated
Companies before
none sourced
Education
Institute of ManagementDiploma of Business Science
Other boards
Former board member, Alkhair Bank – Bahrain
Known for
Vice ChairmanNon-executiveReal-estate investment

Sources: education

COMPANYdate not shown in source

Annual Report 2025

Dar Al Arkan
Mr. Al Hethloul holds a Diploma of Business Science.
value seen: Diploma of Business Science
https://cdn.daralarkan.com/DAR_annual_report_2025_EN_d044f7afc3.pdf

Sources: full name

COMPANYdate not shown in source

Annual Report 2025

Dar Al Arkan
Hethloul Bin Saleh Al Hethloul is the vice chairman of the board of Dar Al Arkan Real Estate Development Company
value seen: Hethloul Bin Saleh Al Hethloul
https://cdn.daralarkan.com/DAR_annual_report_2025_EN_d044f7afc3.pdf

Sources: other boards

COMPANYdate not shown in source

Annual Report 2025

Dar Al Arkan
He was also a member of the board of Alkhair Bank – Bahrain from 2004 till 2016
value seen: member of the board of Alkhair Bank – Bahrain from 2004 till 2016
https://cdn.daralarkan.com/DAR_annual_report_2025_EN_d044f7afc3.pdf

Sources: since

PRESS2025-07-09

Dar Al Arkan unveils 2 key appointments

Mubasher
They took over their roles for a new board term that began on 23 June 2025 and is scheduled to end on 22 June 2029.
value seen: 23 June 2025
https://english.mubasher.info/news/4467898/Dar-Al-Arkan-unveils-2-key-appointments/

Sources: summary

COMPANYdate not shown in source

Annual Report 2025

Dar Al Arkan
His expertise is in real estate investment, finance and valuation, and strategic planning.
value seen: expertise is in real estate investment, finance and valuation, and strategic planning
https://cdn.daralarkan.com/DAR_annual_report_2025_EN_d044f7afc3.pdf

Sources: tags

COMPANYdate not shown in source

Annual Report 2025

Dar Al Arkan
Hethloul Bin Saleh Al Hethloul is the vice chairman of the board of Dar Al Arkan Real Estate Development Company (non-executive member).
value seen: non-executive member
https://cdn.daralarkan.com/DAR_annual_report_2025_EN_d044f7afc3.pdf

Sources: title

COMPANYdate not shown in source

Annual Report 2025

Dar Al Arkan
Hethloul Bin Saleh Al Hethloul is the vice chairman of the board of Dar Al Arkan Real Estate Development Company
value seen: vice chairman of the board
https://cdn.daralarkan.com/DAR_annual_report_2025_EN_d044f7afc3.pdf
ZN
Ziad Naim Ammar Al Chaar
Non-executive board and executive-committee member. Independent sources identify him as CEO of DarGlobal and record previous CEO roles at Emaar and Dar Al Arkan and a managing-director role at DAMAC Properties.
Current title
Non-executive Board Member
Experience
no career length stated
Companies before
EmaarDAMAC Properties
Education
American University of BeirutMBA
Other boards
Chairman at Wasalt
Known for
Board memberExecutive CommitteeDarGlobal CEOEx-EmaarEx-DAMAC
since Since June 30, 2025

Sources: education

PRESSdate not shown in source

Dar Al Arkan appoints Ziad El Chaar as CEO

Argaam
El Chaar holds an MBA from the American University of Beirut
value seen: MBA from the American University of Beirut
https://www.argaam.com/en/article/articledetail/id/489649

Sources: full name

COMPANYdate not shown in source

Annual Report 2025

Dar Al Arkan
Ziad Naim Ammar Al Chaar Since June 30, 2025. | Member | Non-executive
value seen: Ziad Naim Ammar Al Chaar
https://cdn.daralarkan.com/DAR_annual_report_2025_EN_d044f7afc3.pdf

Sources: other boards

OTHERdate not shown in source

About Me - CEO at DarGlobal and Chairman at Wasalt

Ziad El Chaar
Beyond DarGlobal, I'm also the Chairman at Wasalt
value seen: Chairman at Wasalt
https://www.ziadelchaar.com/about

Sources: since

COMPANYdate not shown in source

Annual Report 2025

Dar Al Arkan
Ziad Naim Ammar Al Chaar Since June 30, 2025. | Member | Non-executive
value seen: Since June 30, 2025
https://cdn.daralarkan.com/DAR_annual_report_2025_EN_d044f7afc3.pdf

Sources: summary

OTHERdate not shown in source

About Me - CEO at DarGlobal and Chairman at Wasalt

Ziad El Chaar
Previously, I held the roles of CEO at Emaar (International, Ventures and Blockchain), CEO at Dar Al Arkan, and Managing Director at DAMAC Properties.
value seen: CEO at DarGlobal
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.ziadelchaar.com/about

Sources: tags

PRESSdate not shown in source

Dar Al Arkan appoints Ziad El Chaar as CEO

Argaam
El Chaar holds an MBA from the American University of Beirut, and has over 16 years of experience in real estate, finance and leadership.
value seen: MBA from the American University of Beirut
https://www.argaam.com/en/article/articledetail/id/489649

Sources: title

COMPANYdate not shown in source

Annual Report 2025

Dar Al Arkan
Ziad Naim Ammar Al Chaar Since June 30, 2025. | Member | Non-executive
value seen: Member | Non-executive
value paraphrased from this source
https://cdn.daralarkan.com/DAR_annual_report_2025_EN_d044f7afc3.pdf
PA
Philip Antony
CFO leading key financing initiatives including Sukuk issuance and syndicated financing programmes. He joined Dar Al Arkan in 2008 and previously spent 16 years in senior corporate-finance and management roles at Sonata Software and Novell.
Current title
Chief Financial Officer
since June 2019
Experience
no career length stated
Companies before
Sonata Software LtdNovell Inc
Education
University of CalicutMaster of Commerce
Other boards
none sourced
Known for
CFOCorporate financeSukuk financingChartered Accountant
https://linkedin.com/in/papantony

Sources: education

COMPANYdate not shown in source

Annual Report 2025

Dar Al Arkan
Mr. Antony holds a Master of Commerce degree from the University of Calicut
value seen: Master of Commerce degree from the University of Calicut
https://cdn.daralarkan.com/DAR_annual_report_2025_EN_d044f7afc3.pdf

Sources: full name

COMPANYdate not shown in source

Annual Report 2025

Dar Al Arkan
Philip Antony CHIEF FINANCIAL OFFICER
value seen: Philip Antony
https://cdn.daralarkan.com/DAR_annual_report_2025_EN_d044f7afc3.pdf

Sources: linkedin page

SOCIALdate not shown in source

Philip Antony. MCom, C.A, PGDBA

LinkedIn
CFO at Dar Al Arkan
value seen: https://linkedin.com/in/papantony
https://linkedin.com/in/papantony

Sources: since

COMPANYdate not shown in source

Annual Report 2025

Dar Al Arkan
Mr. Antony has been with Dar Al Arkan since 2008 and got promoted several times and currently holds the position of Chief Financial Officer (CFO) since June 2019.
value seen: since June 2019
https://cdn.daralarkan.com/DAR_annual_report_2025_EN_d044f7afc3.pdf

Sources: summary

COMPANYdate not shown in source

Annual Report 2025

Dar Al Arkan
Prior to joining Dar Al Arkan, Mr. Antony spent 16 years in senior corporate finance and management roles with Sonata Software Ltd and Novell Inc.
value seen: spent 16 years in senior corporate finance and management roles with Sonata Software Ltd and Novell Inc
https://cdn.daralarkan.com/DAR_annual_report_2025_EN_d044f7afc3.pdf

Sources: tags

COMPANYdate not shown in source

Annual Report 2025

Dar Al Arkan
Mr. Antony holds a Master of Commerce degree from the University of Calicut and is a Chartered Accountant from India.
value seen: Chartered Accountant from India
https://cdn.daralarkan.com/DAR_annual_report_2025_EN_d044f7afc3.pdf

Sources: title

COMPANYdate not shown in source

Annual Report 2025

Dar Al Arkan
Philip Antony CHIEF FINANCIAL OFFICER
value seen: CHIEF FINANCIAL OFFICER
https://cdn.daralarkan.com/DAR_annual_report_2025_EN_d044f7afc3.pdf
AF
Abbas Fassi Fehri
Development executive leading product design, development and project management. The company describes 20 years’ property-development experience and says he joined Dar Al Arkan as Head of Development in September 2017.
Current title
Chief Development Officer
Experience
20+ years ’ experience
Companies before
none sourced
Education
Not specified in the retrieved sourceMaster’s degree in Project Management and Architecture
Other boards
none sourced
Known for
Chief Development OfficerProject management
https://linkedin.com/in/abbas-fassi-fehri-96719a9
since September 2017 (joined as Head of Development)

Sources: education

COMPANYdate not shown in source

Annual Report 2025

Dar Al Arkan
Mr. Fehri holds a Master’s degree in Project Management and Architecture.
value seen: Master’s degree in Project Management and Architecture
https://cdn.daralarkan.com/DAR_annual_report_2025_EN_d044f7afc3.pdf

Sources: full name

COMPANYdate not shown in source

Annual Report 2025

Dar Al Arkan
Abbas Fehri CDO
value seen: Abbas Fehri
https://cdn.daralarkan.com/DAR_annual_report_2025_EN_d044f7afc3.pdf

Sources: linkedin page

SOCIAL2026-10-02

Abbas Fassi Fehri

LinkedIn
General Manager Real Estate Development - Dar Al Arkan (Current)
value seen: https://linkedin.com/in/abbas-fassi-fehri-96719a9
https://linkedin.com/in/abbas-fassi-fehri-96719a9

Sources: since

COMPANYdate not shown in source

Annual Report 2025

Dar Al Arkan
He joined Dar Al Arkan as Head of Development in September 2017 where he has been leading product design development and project management.
value seen: joined Dar Al Arkan as Head of Development in September 2017
https://cdn.daralarkan.com/DAR_annual_report_2025_EN_d044f7afc3.pdf

Sources: summary

OTHERdate not shown in source

Dar Al Arkan Real Estate Development Co: Executives

GlobalData
Mr. Abbas Fehri has been the Chief Development Officer of the company. He has 20 years of experience in property development, product design development, and project management.
value seen: 20 years of experience in property development
https://www.globaldata.com/company-profile/dar-al-arkan-real-estate-development-co/executives/

Sources: tags

COMPANYdate not shown in source

Annual Report 2025

Dar Al Arkan
Mr. Fehri holds a Master’s degree in Project Management and Architecture.
value seen: Master’s degree in Project Management and Architecture
https://cdn.daralarkan.com/DAR_annual_report_2025_EN_d044f7afc3.pdf

Sources: title

COMPANYdate not shown in source

Annual Report 2025

Dar Al Arkan
Abbas Fehri CDO
value seen: CDO
value paraphrased from this source
https://cdn.daralarkan.com/DAR_annual_report_2025_EN_d044f7afc3.pdf

Projects

Assessment coverage

Completed projects: 2016-10-15 through 2026-10-15. Initial research is capped at 10 completed projects and a separate delivery-risk search capped at 7 findings. Risk findings are not project assessment counts. Absence is not proof of a complete portfolio or no failures. Month-level dates overlapping a boundary are excluded from figures.

0 undated completions and 0 boundary-uncertain completions are retained but excluded from figures.

Stalled, cancelled & overdue projects

0 evidenced cases
The capped delivery-risk search ran; no project-level exception cases are recorded here. Risk findings are listed under Risks and are separate from assessed projects. This does not establish that the developer has no delivery failures.

Completed projects

7 projects
ProjectLocationTypeUnitsFloorsAreaCostPayment planLaunchedConstruction startOriginal targetHandoverDelayConfidenceStatus
Buraidah HillsBuraidah, Saudi Arabia
residential for sale, retail4051————2022May 1, 2022Apr 2023 – Jun 2023Sep 2025+28.0 mo
(+27.0 to +29.0)		sourcedcompleted
Etoile by Elie SaabRiyadh, Saudi Arabia
SEDRA		residential for sale1631—54,653 m²—20% Downpayment upon signing the contract; 10% on completion of 20% construction milestone; 10% on completion of 30% construction milestone; 10% on completion of 40% construction milestone; 10% on completion of 50% construction milestone; 10% on completion of 60% construction milestone; 20% on completion of 80% construction milestone; 5% on completion of 100% construction milestone; 5% on upon handover1202327 November 2023Jan 2024 – Dec 2024Sep 2025+14.5 mo
(+9.0 to +20.0)		sourcedcompleted
Da Vinci Tower by PaganiDubai, United Arab Emirates
Business Bay		residential for sale8513 basement levels, a ground floor and 19 floors——60/4012022Q1 2022Jan 2025 – Mar 2025Jan 2025 – Dec 2025+4.5 mo
(−2.0 to +11.0)		sourcedcompleted
Oh So CloseLondon, United Kingdom
West Ealing		residential for sale171three storey——10% deposit, 10% after 3 months, 80% upon project completion12023Q2 2023Oct 2024 – Dec 2024Oct 2024 – Dec 20240.0 mo
(−2.0 to +2.0)		sourcedcompleted
Urban Oasis by MissoniDubai, United Arab Emirates
Business Bay		residential for sale467138—AED 800m
other		20% Down Payment · 40% During Construction · 40% On Handover12017Q4 2017Sep 2021 – Dec 2021Jun 2024+31.5 mo
(+30.0 to +33.0)		sourcedcompleted
Shams Al Arous Phase 1Jeddah, Saudi Arabia
other2531———10% on reservation, 50% during construction, 40% on handover12021Q1 2021—Jan 2024 – Mar 2024—not scorablecompleted
The MullinerLondon, United Kingdom
Old Park Lane		residential for sale11————2022Q2 2022—Jan 2024 – Dec 2024—not scorablecompleted
Click any row for the sources behind it. Cost basis matters: an estimated cost, a construction loan and a sale price are different numbers. Each row states which one it is, so they are never averaged together.

Awards

Awards & recognition

6 found
COMPANY AWARD Winner 2023-06-07
Developer of the Year — Arabian Business KSA Excellence Awards 2023
Dar Al Arkan reported that it won the Developer of the Year award at the Arabian Business KSA Excellence Awards for developing integrated residential communities.
COMPANY AWARD Winner 2022-03-06 (reported 2022-03-22)
Best Real Estate Developer Award 2021
Dar Al Arkan was reported as the recipient of the Best Real Estate Developer Award 2021 at the Restatex Riyadh Real Estate Exhibition held in March 2022.
MILESTONE 2025-02-16 (disclosed 2025-02-17)
Winning bid for Orchid land in Jeddah · Orchid land, Jeddah
Dar Al Arkan, in an alliance with Kenzi Al Arabiya Company and investors, won a SAR4.460 billion real-estate bidding to acquire approximately one million square metres of Orchid land in Jeddah.
RANKING Ranked 2021-06-04
Top 100 Companies in the Middle East 2021 — No. 97
Forbes Middle East ranked Dar Alarkan No. 97 in its 2021 Top 100 Companies in the Middle East list, under Real Estate & Construction.
RANKING Ranked 2014
First Place, Real Estate Development Sector in Saudi Arabia
Dar Al Arkan was ranked first in Saudi Arabia’s real-estate and construction sector and fifth in the corresponding Arab-world sector in Forbes Middle East’s 2014 Top 500 Companies in the Arab World list.
COMPANY AWARD Winner 2012-10-08
Best Residential Property Developer in Saudi Arabia
Dar Al Arkan was named Best Residential Developer in Saudi Arabia in Euromoney’s eighth annual global real-estate survey.

Risks

Auditor & credit ratings

3 agencies
AuditorTurki Abdulmohsen Al-Laheed and Saleh Abdullah Al-Yahya Certified Public Accountants
Moody’sB1 stable outlook · March 10, 2025
TassniefLong term: A- Short term: T-3 stable outlook · October 22, 2024
RAMA2 stable outlook · January 2024

Risk flags

4 found
REGULATORY Final decision: 20 July 2023; compensation announcement: 29 September 2025
The Saudi Capital Market Authority reported that a final 20 July 2023 securities-disputes decision found 17 investors liable for violations involving trading in Dar Alarkan shares, ordered SAR 1.196 billion in restitution from them and five additional investors, and led to compensation for more than 17,000 affected investors; the reported decision concerned investor conduct, not a finding that Dar Al Arkan itself committed the violations.
DELIVERY DELAY Embargo since late 2022; status as of 31 December 2024; reported in the 2024 annual report published in 2025
Dar Al Arkan’s 2024 annual report states that Shams Ar Riyadh land had been under embargo since late 2022, that infrastructure in zones 1, 3 and 5 was still only over 55% complete as of 31 December 2024, and that the company was still working to revive approvals for the remaining last-mile infrastructure before completion and handover.
DELIVERY DELAY 2017-04-25; status reported as of 2023-12-31; approval update 2025-10-07
Shams Ar Riyadh (Dar Al Arkan) was reported delayed in April 2017 because master-plan amendments awaited Arriyadh Development Authority approval; infrastructure in zones 1, 3 and 5 was still on hold pending regulatory approvals at the end of 2023, although the company later reported that the master-plan approvals were secured in October 2025 and said completion was targeted before the end of 2026—there is no basis here to call that future target an actual completion.
DELIVERY DELAY 2024-05-01
Qasr Khozam in Jeddah, developed through Khozam Real Estate Development Company (a joint venture in which Dar Al Arkan holds the majority stake), remained stalled at the reported project-company level in May 2024: phase-one infrastructure design and contractor appointment dated from 2021, but construction was still awaiting final approvals; this is a qualified JV/project-entity finding and does not by itself establish parent-company liability.

Record status

active
Coverageactive
Tracked sinceOctober 8, 2026
Last checkedOctober 8, 2026 this month
Profile last researchedOctober 8, 2026
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For informational purposes only. This information is not investment, financial or credit advice and should not be relied on for investment, lending or credit decisions. Records may be incomplete or outdated. Verify information independently and seek qualified advice before making a decision.