Artificial Intelligence
Builders Company
Developers/Darco Real Estate
DR
Darco Real EstateJeddah, Saudi Arabia · founded 2019 · 1 active markets
SUBSIDIARY
dar-co.com.sa

Darco develops contemporary residential communities and apartments in Saudi Arabia, primarily in Jeddah and Riyadh, for homebuyers and investors. Its model combines off-plan sales with integrated amenities, infrastructure, and lifestyle facilities designed for families seeking modern, locally adapted housing solutions.

Years in business
7
founded 2019
LinkedIn headcount
206
employees, as shown on LinkedIn · size band 201–500
Units delivered
more than 3,000 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
Diyar Al-Raeda Company1
Headquarters
Jeddah1, Saudi Arabia
Founded
20191
Entity type
SUBSIDIARY1
Business model
offplan for sale1
Markets
1 market listed
What they build
no project types recorded
Full dossier in About →

Delivery record

0 date-assessed of 0 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
0
within the rolling ten-year window
Median delay
—
the middle of no scored projects
Average delay
—
the same projects, pulled by the worst
Average time to deliver
—
no delivered projects with a dated start — needs 3
Worst slip
—
0
early or less than 6 months late
6 to 12 months late
0
yellow rows below
Over 12 months late
0
red rows below

Against other developers

Not enough info yet.
Projects and timelines in Track Record →

Awards & recognition

  • COMPANY AWARD Winner 2021/2022
    Best Real Estate Developer in the Western Region · Diyar Al Andalus
    DARCO reports that it won the Best Real Estate Developer in the Kingdom’s Western Region for 2021/2022, based on Restatex’s classification of real-estate companies, with the recognition attributed to its Diyar Al Andalus development.
  • SAFETY / QUALITY Certified Beginning of 2022
    ISO 9001 Quality Certification
    The developer reports that it obtained the ISO 9001 international quality certification at the beginning of 2022.
All awards →

Risks & source coverage

  • DELIVERY DELAY Reported in reviews on August 20, 2025, September 10, 2025, and February 19, 2026; status evidence available as of September 14, 2026 Buyer/investor reviews concerning Darco Signature 613 in Jeddah alleged that the project remained under construction and was not ready for handover by August 19, 2025, although handover had been expected in April 2025; subsequent reviews dated September 10, 2025 and February 19, 2026 also alleged delayed or incomplete handover. These are customer allegations, not an independently verified regulator or court finding.
  • DELIVERY DELAY Event/review dates: 2025-08-20, 2025-09-10 and 2026-02-19; research position: 2026-10-08 Customer reports for Darco Signature (Ar Rawdah, Jeddah), a project identified as developed by Darco Real Estate, state that the agreed delivery date was April 2025 but the project was still under construction and not ready for handover on 19 August 2025; further reviews reported agreed-date delay on 10 September 2025 and that it remained not ready on 19 February 2026. These are customer-reported allegations, not an official regulator or court finding, and no later completion or Darco denial was located in the reviewed material.
Record status
active
Company sources
107 source entries across 107 fields
Projects tracked
0 · 0 completed in assessment
All flags and sources →

Track Record

Delivery record

0 date-assessed of 0 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
0
within the rolling ten-year window
Median delay
—
the middle of no scored projects
Average delay
—
the same projects, pulled by the worst
Average time to deliver
—
no delivered projects with a dated start — needs 3
Worst slip
—
0
early or less than 6 months late
6 to 12 months late
0
yellow rows below
Over 12 months late
0
red rows below

Against other developers

Not enough info yet.

Construction start to handover

0 of 0 projects dated · 0 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
No dated projects to plot.
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.

About

Company dossier

Legal name
Diyar Al-Raeda Company
Headquarters
Jeddah, Saudi Arabia
Al Basateen
Founded
2019
Jeddah, Saudi Arabia
Entity type
SUBSIDIARY
Revenue
USD 19.4 M
Business model
offplan for sale

Offices

head office and 3 others
RiyadhAbhaKhamis Mushait

Sources: office cities

COMPANYdate not shown in source

الرياض – داركو العقارية

Darco Real Estate
# الرياض
value seen: الرياض
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://dar-co.com.sa/riyadh/

Sources: office cities

COMPANYdate not shown in source

تسليم 3000 وحدة سكنية فاخرة بعقد تسويق حصري لشركة قصر المساكن – داركو العقارية

Darco Real Estate
مثل مدينة الرياض وجدة وخميس مشيط وأبها
value seen: أبها
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://dar-co.com.sa/%D8%A2%D9%8A%D8%B2%D889001-%D9%84%D9%84%D8%AC%D9%88%D8%AF%D8%A9%D8%AA%D9%8F%D8%AA%D9%8E%D9%88%D8%AC%D8%A3%D8%B9%D9%85%D8%A7%D9%84%D8%AF%D8%A7%D8%B1%D9%83%D9%88%D8%A7%D9%84%D8%B9-2/

Sources: office cities

COMPANYdate not shown in source

تسليم 3000 وحدة سكنية فاخرة بعقد تسويق حصري لشركة قصر المساكن – داركو العقارية

Darco Real Estate
مثل مدينة الرياض وجدة وخميس مشيط وأبها
value seen: خميس مشيط
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://dar-co.com.sa/%D8%A2%D9%8A%D8%B2%D889001-%D9%84%D9%84%D8%AC%D9%88%D8%AF%D8%A9%D8%AA%D9%8F%D8%AA%D9%8E%D9%88%D8%AC%D8%A3%D8%B9%D9%85%D8%A7%D9%84%D8%AF%D8%A7%D8%B1%D9%83%D9%88%D8%A7%D9%84%D8%B9-2/

Partners

6 partners
SEDCO Capital
funder

Darco collaborated with SEDCO Capital on the SEDCO Capital Darco Al Shati Fund and waterfront residential development.

Sahem Financial Platform
funder

Sahem was the platform through which part of the investment units for the Al Shati fund was offered.

Qasr Al Masakin
partner

Darco agreed an exclusive marketing arrangement covering more than 3,000 residential units, with an agreement to deliver 3,000 units annually.

Saudi Environmental Society
partner

The strategic partnership covers environmental expertise and applying the Saudi Green Initiative to Darco's future projects.

Al-Ittihad Club
partner

The sponsorship agreement covered Darco's sponsorship of the club's first football team and placement of its logo on the official shirt.

Saudi Society for Roadside Mosque Care
partner

Darco's stated partnership covers allocating endowment shares from residential-unit value to care for roadside mosques.

Sources: name

PRESS2024-08-02

Darco Real Estate launches SR485 million project in Jeddah's waterfront

Saudi Gazette
Darco Real Estate Company has announced a SR485 million project in the Al Shati district of Jeddah in collaboration with SEDCO Capital and Sahem Financial Platform
value seen: SEDCO Capital
https://saudigazette.com.sa/article/644614/BUSINESS/Darco-Real-Estate-launches-SR485-million-project-in-Jeddahs-waterfront

Sources: partner type

PRESS2024-08-02

Darco Real Estate launches SR485 million project in Jeddah's waterfront

Saudi Gazette
Darco Real Estate Company has announced a SR485 million project in the Al Shati district of Jeddah in collaboration with SEDCO Capital and Sahem Financial Platform
value seen: collaboration with SEDCO Capital
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://saudigazette.com.sa/article/644614/BUSINESS/Darco-Real-Estate-launches-SR485-million-project-in-Jeddahs-waterfront

Sources: summary

PRESS2024-08-02

Darco Real Estate launches SR485 million project in Jeddah's waterfront

Saudi Gazette
Darco Real Estate Company has announced a SR485 million project in the Al Shati district of Jeddah in collaboration with SEDCO Capital and Sahem Financial Platform
value seen: collaboration with SEDCO Capital and Sahem Financial Platform
value paraphrased from this source
https://saudigazette.com.sa/article/644614/BUSINESS/Darco-Real-Estate-launches-SR485-million-project-in-Jeddahs-waterfront

Sources: name

PRESS2024-08-05

Darco Real Estate launches $129.33mln project in Jeddah's waterfront

Zawya
The fund aims for significant capital gains from selling these units after 30 months to a variety of buyers including direct purchasers, those buying off-plan or through commercial banks.
value seen: Sahem Financial Platform
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.zawya.com/en/business/real-estate/darco-real-estate-launches-12933mln-project-in-jeddahs-waterfront-k3w9wwws

Sources: partner type

PRESS2024-08-03

مشروع جديد في حي الشاطئ بجدة بقيمة 485 مليون ريال من داركو العقارية

Property Middle East
وسيتم طرح جزءٍ من الوحدات الاستثمارية من خلال منصة ساهم المالية
value seen: through Sahem
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://propertymiddleeast.com/saudi-arabia/xq1xio6tfm

Sources: summary

PRESS2024-08-03

مشروع جديد في حي الشاطئ بجدة بقيمة 485 مليون ريال من داركو العقارية

Property Middle East
وسيتم طرح جزءٍ من الوحدات الاستثمارية من خلال منصة ساهم المالية
value seen: طرح جزءٍ من الوحدات الاستثمارية من خلال منصة ساهم المالية
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://propertymiddleeast.com/saudi-arabia/xq1xio6tfm

Sources: name

COMPANYdate not shown in source

تسليم 3000 وحدة سكنية فاخرة بعقد تسويق حصري لشركة قصر المساكن – داركو العقارية

Darco Real Estate
كان من بينها عقد التسويق الحصري لأكثر من 3 آلاف وحدة سكنية مع شريكنا الاستراتيجي «قصر المساكن»
value seen: قصر المساكن
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://dar-co.com.sa/%D8%A2%D9%8A%D8%B2%D889001-%D9%84%D9%84%D8%AC%D9%88%D8%AF%D8%A9%D8%AA%D9%8F%D8%AA%D9%8E%D9%88%D8%AC%D8%A3%D8%B9%D9%85%D8%A7%D9%84%D8%AF%D8%A7%D8%B1%D9%83%D9%88%D8%A7%D9%84%D8%B9-2/

Sources: partner type

COMPANYdate not shown in source

تسليم 3000 وحدة سكنية فاخرة بعقد تسويق حصري لشركة قصر المساكن

Darco Real Estate
مع شريكنا الاستراتيجي «قصر المساكن»
value seen: شريكنا الاستراتيجي
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://dar-co.com.sa/%D8%A2%D9%8A%D8%B2%D889001-%D9%84%D9%84%D8%AC%D9%88%D8%AF%D8%A9%D8%AA%D9%8F%D8%AA%D9%8E%D9%88%D8%AC%D8%A3%D8%B9%D9%85%D8%A7%D9%84%D8%AF%D8%A7%D8%B1%D9%83%D9%88%D8%A7%D9%84%D8%B9-2/

Sources: summary

COMPANYdate not shown in source

تسليم 3000 وحدة سكنية فاخرة بعقد تسويق حصري لشركة قصر المساكن

Darco Real Estate
كان من بينها عقد التسويق الحصري لأكثر من 3 آلاف وحدة سكنية مع شريكنا الاستراتيجي «قصر المساكن»
value seen: عقد التسويق الحصري لأكثر من 3 آلاف وحدة سكنية
value paraphrased from this source
https://dar-co.com.sa/%D8%A2%D9%8A%D8%B2%D889001-%D9%84%D9%84%D8%AC%D9%88%D8%AF%D8%A9%D8%AA%D9%8F%D8%AA%D9%8F%D8%و%D8%AC%D8%A3%D8%B9%D9%85%D8%A7%D9%84%D8%AF%D8%A7%D8%B1%D9%83%D9%88%D8%A7%D9%84%D8%B9-2/

Sources: name

COMPANYdate not shown in source

توقيع عقد شراكة استراتيجية مع جمعية البيئة السعودية لتحقيق مبادرة السعودية الخضراء 2030

Darco Real Estate
أعلنت شركة داركو العقارية عن توقيع اتفاقية شراكة استراتيجية مع أحد أهم الجهات السعودية المعنية بالحفاظ على البيئة وهي جمعية البيئة السعودية
value seen: جمعية البيئة السعودية
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://dar-co.com.sa/12800-2/

Sources: partner type

COMPANYdate not shown in source

توقيع عقد شراكة استراتيجية مع جمعية البيئة السعودية لتحقيق مبادرة السعودية الخضراء 2030

Darco Real Estate
أعلنت شركة داركو العقارية عن توقيع اتفاقية شراكة استراتيجية مع أحد أهم الجهات السعودية المعنية بالحفاظ على البيئة وهي جمعية البيئة السعودية
value seen: اتفاقية شراكة استراتيجية
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://dar-co.com.sa/12800-2/

Sources: summary

COMPANYdate not shown in source

توقيع عقد شراكة استراتيجية مع جمعية البيئة السعودية لتحقيق مبادرة السعودية الخضراء 2030

Darco Real Estate
رغبةً من الشركة في الاستفادة من الخبرة العريضة للجمعية في المجال البيئي بما ينعكس على جودة تنفيذ وتطبيق المبادرة على أرض الواقع في مشاريع الشركة المستقبيلة
value seen: تحقيق مبادرة السعودية الخضراء
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://dar-co.com.sa/12800-2/

Sources: name

COMPANYdate not shown in source

داركو الراعي الرسمي لنادي الاتحاد – داركو العقارية

Darco Real Estate
وقع رئيس مجلس إدارة شركة داركو العقارية ... عقد رعاية الشركة للفريق الأول لكرة القدم
value seen: نادي الاتحاد
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://dar-co.com.sa/news-title-goes-here-4/

Sources: partner type

COMPANYdate not shown in source

داركو الراعي الرسمي لنادي الاتحاد – داركو العقارية

Darco Real Estate
عقد رعاية الشركة للفريق الأول لكرة القدم
value seen: عقد رعاية
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://dar-co.com.sa/news-title-goes-here-4/

Sources: summary

COMPANYdate not shown in source

داركو الراعي الرسمي لنادي الاتحاد – داركو العقارية

Darco Real Estate
وبموجب عقد الرعاية سوف يتم وضع شعار الشركة في منطقة أعلى الصدر في القميص الرسمي للفريق الكروي الأول
value seen: وضع شعار الشركة في منطقة أعلى الصدر في القميص الرسمي
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://dar-co.com.sa/news-title-goes-here-4/

Sources: name

COMPANYdate not shown in source

نبذة عنا – داركو العقارية

Darco Real Estate
تخصيصِ أسهمٍ وَقفِيةٍ من قِيمةِ الوحداتِ السكنية، للعناية بالمساجد عن طريق عقد الشراكة مع “جمعية العناية بمساجد الطُرق”
value seen: جمعية العناية بمساجد الطرق
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://dar-co.com.sa/about-deyar/

Sources: partner type

COMPANYdate not shown in source

نبذة عنا – داركو العقارية

Darco Real Estate
للعناية بالمساجد عن طريق عقد الشراكة مع “جمعية العناية بمساجد الطُرق”
value seen: عقد الشراكة
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://dar-co.com.sa/about-deyar/

Sources: summary

COMPANYdate not shown in source

نبذة عنا – داركو العقارية

Darco Real Estate
تخصيصِ أسهمٍ وَقفِيةٍ من قِيمةِ الوحداتِ السكنية، للعناية بالمساجد عن طريق عقد الشراكة مع “جمعية العناية بمساجد الطُرق”
value seen: تخصيص أسهم وقفية من قيمة الوحدات السكنية للعناية بالمساجد
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://dar-co.com.sa/about-deyar/

Registrations & licences

none found
Jurisdiction-agnostic: a DLD number, a Companies House number and a state RERA registration all land in the same table.

Contact

Markets

1 countries
Saudi Arabiaactive 0 projects tracked

What they build

no project types recorded
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
AA
Adel Al-Mari
Adel Al-Mari is identified as Darco’s chairman and represents the company in strategic and investment-facing engagements. In a company statement, he described Darco’s focus on residential real-estate development, customer trust, execution quality and expansion; his current public track record beyond those statements was not documented in the retrieved sources.
Current title
Chairman of Darco Real Estate
Experience
no career length stated
Companies before
none sourced
Education
not published
Other boards
none sourced
Known for
ChairmanSaudi real estateResidential development
Darco is committed to implementing this project in accordance with the highest international standards, with a focus on quality and sustainability. Arab News January 26, 2026https://www.arabnews.com/corporate-and-sponsored-content/darcos-new-project-prime-waterfront-located-in-heart-of-jeddah-2630760
Darco Real Estate Company was able to build its name in the real estate sector ... by providing customers with multiple options, accuracy and speed in execution. Darco Real Estate https://dar-co.com.sa/news-title-goes-here-4/

Sources: full name

PRESS2026-06-18

Darco Real Estate leadership meets Saudi ambassador to Russia in Moscow

Arab News
Adel Al-Mari, chairman of Darco Real Estate, and Dr. Omar Al-Qahtani, board member and chief executive, met with Sami Al-Sadhan, the Saudi ambassador to Russia.
value seen: Adel Al-Mari
https://www.arabnews.com/corporate-and-sponsored-content/darco-real-estate-leadership-meets-saudi-ambassador-to-russia-in-moscow-2647716

Sources: summary

PRESS2026-06-18

Darco Real Estate leadership meets Saudi ambassador to Russia in Moscow

Arab News
The meeting highlighted Darco Real Estate’s participation in the exhibition and explored opportunities to strengthen real estate investment and cooperation with international investors and Russian economic entities.
value seen: Adel Al-Mari is identified as Darco’s chairman and represents the company in strategic and investment-facing engagements.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.arabnews.com/corporate-and-sponsored-content/darco-real-estate-leadership-meets-saudi-ambassador-to-russia-in-moscow-2647716

Sources: tags

PRESS2026-06-18

Darco Real Estate leadership meets Saudi ambassador to Russia in Moscow

Arab News
Adel Al-Mari, chairman of Darco Real Estate, and Dr. Omar Al-Qahtani, board member and chief executive, met with Sami Al-Sadhan, the Saudi ambassador to Russia.
value seen: Chairman
value paraphrased from this source
https://www.arabnews.com/corporate-and-sponsored-content/darco-real-estate-leadership-meets-saudi-ambassador-to-russia-in-moscow-2647716

Sources: title

PRESS2026-06-18

Darco Real Estate leadership meets Saudi ambassador to Russia in Moscow

Arab News
Adel Al-Mari, chairman of Darco Real Estate, and Dr. Omar Al-Qahtani, board member and chief executive, met with Sami Al-Sadhan, the Saudi ambassador to Russia.
value seen: chairman of Darco Real Estate
https://www.arabnews.com/corporate-and-sponsored-content/darco-real-estate-leadership-meets-saudi-ambassador-to-russia-in-moscow-2647716
OA
Omar Al-Qahtani
Omar Al-Qahtani is Darco’s board member and chief executive officer, with responsibility for the company’s operating leadership and development agenda. Public reporting records him discussing project delivery, exhibitions and the launch of Dawam after-sales services; a fuller independently documented career and education history was not found.
Current title
Board Member and Chief Executive Officer of Darco Real Estate
since Jan 2018 - Present
Experience
no career length stated
Companies before
none sourced
Education
not published
Other boards
Member of the Real Estate Development Committee at Jeddah Chamber of Commerce
Known for
CEOBoard memberReal-estate development
At DARCO, we are committed to actively participating in exhibitions that contribute to the growth and development of the real estate sector in the Kingdom. Arab News February 25, 2024https://www.arabnews.com/corporate-and-sponsored-content/darco-showcases-latest-projects-at-restatex-exhibition-2466481

Sources: full name

PRESS2026-06-18

Darco Real Estate leadership meets Saudi ambassador to Russia in Moscow

Arab News
Adel Al-Mari, chairman of Darco Real Estate, and Dr. Omar Al-Qahtani, board member and chief executive, met with Sami Al-Sadhan, the Saudi ambassador to Russia.
value seen: Dr. Omar Al-Qahtani
https://www.arabnews.com/corporate-and-sponsored-content/darco-real-estate-leadership-meets-saudi-ambassador-to-russia-in-moscow-2647716

Sources: other boards

SOCIAL2026-09-09

Omar Alqahtani - Board Member Al Fursan Holding Group

LinkedIn
BOARD MEMBER AL FURSAN HOLDING GROUP. |CEO DARCO DEVELOPMENT | MEMBER OF THE REAL ESTATE DEVELOPMENT COMMITTEE AT JEDDAH CHAMBER OF COMMERCE|
value seen: MEMBER OF THE REAL ESTATE DEVELOPMENT COMMITTEE AT JEDDAH CHAMBER OF COMMERCE
https://sa.linkedin.com/in/omar-alqahtani-46b6981b

Sources: since

SOCIAL2026-09-09

Omar Alqahtani - Board Member Al Fursan Holding Group

LinkedIn
Chief Executive Officer - DARCO | داركو (Current) Jan 2018 - Present (8 years and 2 months) in Saudi Arabia
value seen: Jan 2018 - Present
https://sa.linkedin.com/in/omar-alqahtani-46b6981b

Sources: summary

PRESS2024-02-25

Darco showcases latest projects at Restatex exhibition

Arab News
DARCO’s CEO Dr. Omar Al-Qahtani said: “At DARCO, we are committed to actively participating in exhibitions that contribute to the growth and development of the real estate sector in the Kingdom, of which we consider ourselves a part.”
value seen: Omar Al-Qahtani is Darco’s board member and chief executive officer, with responsibility for the company’s operating leadership and development agenda.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.arabnews.com/corporate-and-sponsored-content/darco-showcases-latest-projects-at-restatex-exhibition-2466481

Sources: title

PRESS2026-06-18

Darco Real Estate leadership meets Saudi ambassador to Russia in Moscow

Arab News
Adel Al-Mari, chairman of Darco Real Estate, and Dr. Omar Al-Qahtani, board member and chief executive, met with Sami Al-Sadhan, the Saudi ambassador to Russia.
value seen: board member and chief executive
https://www.arabnews.com/corporate-and-sponsored-content/darco-real-estate-leadership-meets-saudi-ambassador-to-russia-in-moscow-2647716
SA
Sultan Alqahtani
Sultan Alqahtani is publicly identified as a Darco board member and as a senior executive in the affiliated real-estate businesses Qasr Al Masaken and Al Fursan Holding. His profile shows long-running leadership of Qasr Al Masaken and a business-administration bachelor’s degree from King Khalid University.
Current title
Board Member, Darco Real Estate; Managing Director, Qasr Al Masaken; Vice Chairman, Al Fursan Holding
Experience
no career length stated
Companies before
none sourced
Education
King Khalid UniversityBachelor’s degree in Business Administration
Other boards
Vice Chairman, Al Fursan HoldingManaging Director, Qasr Al Masaken
Known for
Board memberVice chairmanManaging directorReal estateBBA
https://sa.linkedin.com/in/sultan-alqahtani-85829010a

Sources: degree

SOCIAL2026-08-10

Sultan Alqahtani - Board Member, Darco Real Estate

LinkedIn
درجة البكالوريوس إدارة أعمال at جامعة الملك خالد
value seen: درجة البكالوريوس إدارة أعمال
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://sa.linkedin.com/in/sultan-alqahtani-85829010a

Sources: institution

SOCIAL2026-08-10

Sultan Alqahtani - Board Member, Darco Real Estate

LinkedIn
درجة البكالوريوس إدارة أعمال at جامعة الملك خالد
value seen: جامعة الملك خالد
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://sa.linkedin.com/in/sultan-alqahtani-85829010a

Sources: full name

SOCIAL2026-08-10

Sultan Alqahtani - Board Member, Darco Real Estate

LinkedIn
Vice Chairman, Al Fursan Holding | Head of Strategy Management Office | Managing Director, Qasr Al Masaken | Board Member, Darco Real Estate
value seen: Sultan Alqahtani
held out of the figures · the quote does not carry this value
https://sa.linkedin.com/in/sultan-alqahtani-85829010a

Sources: linkedin page

SOCIAL2026-08-10

Sultan Alqahtani - Board Member, Darco Real Estate

LinkedIn
# Sultan Alqahtani
value seen: https://sa.linkedin.com/in/sultan-alqahtani-85829010a
https://sa.linkedin.com/in/sultan-alqahtani-85829010a

Sources: other boards

SOCIAL2026-08-10

Sultan Alqahtani - Board Member, Darco Real Estate

LinkedIn
Vice Chairman, Al Fursan Holding | Head of Strategy Management Office | Managing Director, Qasr Al Masaken | Board Member, Darco Real Estate
value seen: Vice Chairman, Al Fursan Holding
https://sa.linkedin.com/in/sultan-alqahtani-85829010a

Sources: other boards

SOCIAL2026-08-10

Sultan Alqahtani - Board Member, Darco Real Estate

LinkedIn
Vice Chairman, Al Fursan Holding | Head of Strategy Management Office | Managing Director, Qasr Al Masaken | Board Member, Darco Real Estate
value seen: Managing Director, Qasr Al Masaken
https://sa.linkedin.com/in/sultan-alqahtani-85829010a

Sources: summary

SOCIAL2026-08-10

Sultan Alqahtani - Board Member, Darco Real Estate

LinkedIn
Vice Chairman, Al Fursan Holding | Head of Strategy Management Office | Managing Director, Qasr Al Masaken | Board Member, Darco Real Estate
value seen: Sultan Alqahtani is publicly identified as a Darco board member and as a senior executive in the affiliated real-estate businesses Qasr Al Masaken and Al Fursan Holding.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://sa.linkedin.com/in/sultan-alqahtani-85829010a

Sources: tags

SOCIAL2026-08-10

Sultan Alqahtani - Board Member, Darco Real Estate

LinkedIn
Vice Chairman, Al Fursan Holding | Head of Strategy Management Office | Managing Director, Qasr Al Masaken | Board Member, Darco Real Estate
value seen: Board member
value paraphrased from this source
https://sa.linkedin.com/in/sultan-alqahtani-85829010a

Sources: title

SOCIAL2026-08-10

Sultan Alqahtani - Board Member, Darco Real Estate

LinkedIn
Vice Chairman, Al Fursan Holding | Head of Strategy Management Office | Managing Director, Qasr Al Masaken | Board Member, Darco Real Estate
value seen: Board Member, Darco Real Estate
https://sa.linkedin.com/in/sultan-alqahtani-85829010a
SA
Shadi Abuzinadah
Shadi Abuzinadah is Darco’s vice CEO in general management. Before joining Darco, his documented career centered on residential finance, mortgage operations, mortgage after-sales and risk at Aljazira Bank, alongside earlier marketing work at Event UNO; his profile lists a bachelor’s degree in administration development from King Abdulaziz University.
Current title
Vice CEO of Darco Real Estate
since Sep 2024 - Present
Experience
no career length stated
Companies before
Aljazira BankEvent UNO
Education
King Abdulaziz UniversityBachelor in Administration Development
Other boards
none sourced
Known for
Vice CEOResidential financeMortgage operationsBankingKing Abdulaziz University
https://linkedin.com/in/shadi-abuzinadah-2434b544

Sources: degree

SOCIAL2026-09-13

Shadi Abuzinadah

LinkedIn
### Bachelor Administration development at King Abdulaziz university
value seen: Bachelor Administration development
https://linkedin.com/in/shadi-abuzinadah-2434b544

Sources: institution

SOCIAL2026-09-13

Shadi Abuzinadah

LinkedIn
### Bachelor Administration development at King Abdulaziz university
value seen: King Abdulaziz university
https://linkedin.com/in/shadi-abuzinadah-2434b544

Sources: full name

SOCIAL2026-09-13

Shadi Abuzinadah

LinkedIn
# Shadi Abuzinadah
value seen: Shadi Abuzinadah
https://linkedin.com/in/shadi-abuzinadah-2434b544

Sources: linkedin page

SOCIAL2026-09-13

Shadi Abuzinadah

LinkedIn
# Shadi Abuzinadah
value seen: https://linkedin.com/in/shadi-abuzinadah-2434b544
https://linkedin.com/in/shadi-abuzinadah-2434b544

Sources: previous companies

SOCIAL2026-09-13

Shadi Abuzinadah

LinkedIn
### [Aljazira Bank | بنك الجزيرة]
value seen: Aljazira Bank
https://linkedin.com/in/shadi-abuzinadah-2434b544

Sources: previous companies

SOCIAL2026-09-13

Shadi Abuzinadah

LinkedIn
### PR manager - Event UNO
value seen: Event UNO
https://linkedin.com/in/shadi-abuzinadah-2434b544

Sources: since

SOCIAL2026-09-13

Shadi Abuzinadah

LinkedIn
Sep 2024 - Present (2 years) in Saudi Arabia
value seen: Sep 2024 - Present
https://linkedin.com/in/shadi-abuzinadah-2434b544

Sources: summary

SOCIAL2026-09-13

Shadi Abuzinadah

LinkedIn
### Vice CEO - DARCO | داركو (Current) Sep 2024 - Present (2 years) in Saudi Arabia Department: General Management • Level: President/Vice President
value seen: Shadi Abuzinadah is Darco’s vice CEO in general management.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/shadi-abuzinadah-2434b544

Sources: tags

SOCIAL2026-09-13

Shadi Abuzinadah

LinkedIn
### Vice CEO - DARCO | داركو (Current)
value seen: Vice CEO
value paraphrased from this source
https://linkedin.com/in/shadi-abuzinadah-2434b544

Sources: title

SOCIAL2026-09-13

Shadi Abuzinadah

LinkedIn
### Vice CEO - DARCO | داركو (Current)
value seen: Vice CEO
https://linkedin.com/in/shadi-abuzinadah-2434b544
SE
Shady Elmatboly
Shady Elmatboly is Darco’s CFO and leads finance and accounting at C-level. His documented Darco remit includes restructuring, financing, KPIs, ERP implementation and partnerships; before Darco he held senior finance roles at Motors Gate, AlSaggafco, M.Y. Naghi Motors and MIBank, and he holds an accounting bachelor’s degree from Mansoura University.
Current title
Chief Financial Officer of Darco Real Estate
since Oct 2022 - Present
Experience
20+ years finance
Companies before
Motors Gate CompanyAlSaggafcoM.Y. Naghi MotorsHyundai - Mohamed Yousuf Naghi Motors Co.M.Y. Naghi GroupMisr International Bank
Education
Mansoura UniversityBachelor degree in Accounting, Accounting English section
Other boards
none sourced
Known for
CFOCapital strategyFinancial restructuringMansoura University
https://sa.linkedin.com/in/shady-elmatboly-a9335648

Sources: degree

SOCIAL2026-08-22

Shady Elmatboly

LinkedIn
### Bachelor degree on Accounting, Accounting English section at Mansoura University
value seen: Bachelor degree on Accounting, Accounting English section
https://sa.linkedin.com/in/shady-elmatboly-a9335648

Sources: institution

SOCIAL2026-08-22

Shady Elmatboly

LinkedIn
### Bachelor degree on Accounting, Accounting English section at Mansoura University
value seen: Mansoura University
https://sa.linkedin.com/in/shady-elmatboly-a9335648

Sources: full name

SOCIAL2026-08-22

Shady Elmatboly

LinkedIn
# Shady Elmatboly
value seen: Shady Elmatboly
https://sa.linkedin.com/in/shady-elmatboly-a9335648

Sources: linkedin page

SOCIAL2026-08-22

Shady Elmatboly

LinkedIn
# Shady Elmatboly
value seen: https://sa.linkedin.com/in/shady-elmatboly-a9335648
https://sa.linkedin.com/in/shady-elmatboly-a9335648

Sources: previous companies

SOCIAL2026-08-22

Shady Elmatboly

LinkedIn
### Head Of Financial Control - Motors Gate Company | بوابة العربات
value seen: Motors Gate Company
https://sa.linkedin.com/in/shady-elmatboly-a9335648

Sources: previous companies

SOCIAL2026-08-22

Shady Elmatboly

LinkedIn
### Director Corporate Finance - AlSaggafco
value seen: AlSaggafco
https://sa.linkedin.com/in/shady-elmatboly-a9335648

Sources: previous companies

SOCIAL2026-08-22

Shady Elmatboly

LinkedIn
### Senior Finance Manager - M.Y. Naghi Motors
value seen: M.Y. Naghi Motors
https://sa.linkedin.com/in/shady-elmatboly-a9335648

Sources: since

SOCIAL2026-08-22

Shady Elmatboly

LinkedIn
Oct 2022 - Present (3 years and 10 months) in Jeddah, Mecca Region, Saudi Arabia
value seen: Oct 2022 - Present
https://sa.linkedin.com/in/shady-elmatboly-a9335648

Sources: summary

SOCIAL2026-08-22

Shady Elmatboly

LinkedIn
Department: Finance & Accounting • Level: C-Level
value seen: Shady Elmatboly is Darco’s CFO and leads finance and accounting at C-level.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://sa.linkedin.com/in/shady-elmatboly-a9335648

Sources: tags

SOCIAL2026-08-22

Shady Elmatboly

LinkedIn
### Chief Financial Officer - DARCO | داركو (Current)
value seen: CFO
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://sa.linkedin.com/in/shady-elmatboly-a9335648

Sources: title

SOCIAL2026-08-22

Shady Elmatboly

LinkedIn
### Chief Financial Officer - DARCO | داركو (Current)
value seen: Chief Financial Officer
https://sa.linkedin.com/in/shady-elmatboly-a9335648
MO
Mohammed O Skloua
Mohammed O Skloua is Darco’s residential-sector director, with a remit spanning residential-sector marketing, sales and operations strategy. His documented prior experience includes area management at Qasr Al Masaken and marketing leadership at Konooze; he holds a PharmD bachelor’s degree from Ibnsina National College for Medical Studies.
Current title
Residential Sector Director at Darco Real Estate
since Jan 2024 - Present
Experience
no career length stated
Companies before
Qasr Al MasakenKonooze
Education
Ibnsina National College for Medical StudiesBachelor’s degree, PharmD
Other boards
none sourced
Known for
Residential sectorDirectorMarketing strategySalesPharmD
https://linkedin.com/in/mohammedoskloua

Sources: degree

SOCIAL2026-08-23

Mohammed O Skloua

LinkedIn
### Bachelor's degree Pharm D at Ibnsina National College for Medical Studies
value seen: Bachelor's degree Pharm D
https://linkedin.com/in/mohammedoskloua

Sources: institution

SOCIAL2026-08-23

Mohammed O Skloua

LinkedIn
### Bachelor's degree Pharm D at Ibnsina National College for Medical Studies
value seen: Ibnsina National College for Medical Studies
https://linkedin.com/in/mohammedoskloua

Sources: full name

SOCIAL2026-08-23

Mohammed O Skloua

LinkedIn
# Mohammed O Skloua
value seen: Mohammed O Skloua
https://linkedin.com/in/mohammedoskloua

Sources: linkedin page

SOCIAL2026-08-23

Mohammed O Skloua

LinkedIn
# Mohammed O Skloua
value seen: https://linkedin.com/in/mohammedoskloua
https://linkedin.com/in/mohammedoskloua

Sources: previous companies

SOCIAL2026-08-23

Mohammed O Skloua

LinkedIn
### Area Manager - شركة قصر المساكن Al Masakin Palace
value seen: Qasr Al Masaken
held out of the figures · the quote does not carry this value
https://linkedin.com/in/mohammedoskloua

Sources: previous companies

SOCIAL2026-08-23

Mohammed O Skloua

LinkedIn
### [konooze - كنوز]
value seen: Konooze
https://linkedin.com/in/mohammedoskloua

Sources: since

SOCIAL2026-08-23

Mohammed O Skloua

LinkedIn
Jan 2024 - Present (2 years and 7 months) in Jeddah, Mecca Region, Saudi Arabia
value seen: Jan 2024 - Present
https://linkedin.com/in/mohammedoskloua

Sources: summary

SOCIAL2026-08-23

Mohammed O Skloua

LinkedIn
Residential Sector Director at DARCO | داركو with expertise in Marketing, Sales and Operations Strategy
value seen: Mohammed O Skloua is Darco’s residential-sector director, with a remit spanning residential-sector marketing, sales and operations strategy.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/mohammedoskloua

Sources: tags

SOCIAL2026-08-23

Mohammed O Skloua

LinkedIn
Residential Sector Director at DARCO | داركو with expertise in Marketing, Sales and Operations Strategy
value seen: Residential sector
value paraphrased from this source
https://linkedin.com/in/mohammedoskloua

Sources: title

SOCIAL2026-08-23

Mohammed O Skloua

LinkedIn
### Residential Sector Director - DARCO | داركو (Current)
value seen: Residential Sector Director
https://linkedin.com/in/mohammedoskloua

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.

No qualifying completions found in this window.

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

0 projects
ProjectLocationTypeUnitsFloorsAreaCostPayment planLaunchedConstruction startOriginal targetHandoverDelayConfidenceStatus
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

2 found
COMPANY AWARD Winner 2021/2022
Best Real Estate Developer in the Western Region · Diyar Al Andalus
DARCO reports that it won the Best Real Estate Developer in the Kingdom’s Western Region for 2021/2022, based on Restatex’s classification of real-estate companies, with the recognition attributed to its Diyar Al Andalus development.
SAFETY / QUALITY Certified Beginning of 2022
ISO 9001 Quality Certification
The developer reports that it obtained the ISO 9001 international quality certification at the beginning of 2022.

Risks

Risk flags

2 found
DELIVERY DELAY Reported in reviews on August 20, 2025, September 10, 2025, and February 19, 2026; status evidence available as of September 14, 2026
Buyer/investor reviews concerning Darco Signature 613 in Jeddah alleged that the project remained under construction and was not ready for handover by August 19, 2025, although handover had been expected in April 2025; subsequent reviews dated September 10, 2025 and February 19, 2026 also alleged delayed or incomplete handover. These are customer allegations, not an independently verified regulator or court finding.
DELIVERY DELAY Event/review dates: 2025-08-20, 2025-09-10 and 2026-02-19; research position: 2026-10-08
Customer reports for Darco Signature (Ar Rawdah, Jeddah), a project identified as developed by Darco Real Estate, state that the agreed delivery date was April 2025 but the project was still under construction and not ready for handover on 19 August 2025; further reviews reported agreed-date delay on 10 September 2025 and that it remained not ready on 19 February 2026. These are customer-reported allegations, not an official regulator or court finding, and no later completion or Darco denial was located in the reviewed material.

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.