BRESI Overview. Dar Global announces the acquisition of a prime 28,800 sqm plot within one of Jeddahโs most forward-thinking masterplans in KSA
Major Jeddah Development Launch: Dar Global acquired a 28,800 square meter prime site in Jeddah to develop a $1 billion mixed-use project combining luxury residences, serviced apartments, retail spaces, and offices as part of Saudi Arabia’s Vision 2030 urban transformation initiative.Strategic Market Position: The London-listed luxury developer leverages its Saudi Arabian origins and international expertise to create a landmark destination near Jeddah’s key entertainment districts, positioning the city as a premier hub for investment and modern living.
Extensive Global Portfolio: Dar Global operates across 14 international cities in 9 countries, with partnerships spanning over 10 luxury brands including Trump Organization, Aston Martin, Lamborghini, Fendi, and Marriott Residences to deliver exclusive investment opportunities worldwide.
Economic Impact Focus: Beyond property development, the company drives economic transformation by attracting foreign direct investment and international clients, injecting capital and expertise to enhance local infrastructure while elevating destination appeal globally.
Dar Global acquires prime plot in Jeddah to develop landmark branded mixed-use scheme
Jeddah, Kingdom of Saudi Arabia: Dar Global, the London-listed luxury real estate developer, has announced the acquisition of a prime 28,800 sqm plot within one of Jeddahโs most forward-thinking masterplans in the Kingdom of Saudi Arabia.
On this site, Dar Global will develop a mixed-use project featuring premium residences, serviced apartments, retail, and offices, in what will be a key addition to Jeddahโs ongoing transformation.
The project supports Saudi Arabiaโs Vision 2030 by contributing to the countryโs evolving urban landscape with internationally benchmarked design and architecture – enhancing Jeddahโs appeal as a destination for investment, business, and modern living.
Dar Global CEO, Ziad El Chaar
โAs a company whose roots are in Saudi Arabia and now stands at the heart of international luxury development, this acquisition represents more than just the first steps of a new project development. Indeed, it reinforces our commitment to the countryโs bold future. By bringing together Saudi expertise in design and development with global standards of delivery, we aim to create a landmark destination in the heart of Jeddah.โ
Strategically located near Jeddahโs key lifestyle and entertainment destinations, the project will serve as a premium destination with an estimated gross development value (GDV) of USD 1 billion.
With its mix of residences, hospitality, retail, and office spaces, it will serve as both a landmark address for the city and a gateway to Jeddahโs future growth as an international hub for living and investment.
About Dar Global
DarGlobal PLC is an international real estate developer specializing in exclusive luxury developments across the worldโs most coveted cosmopolitan cities.
Catering to global citizens seeking prime investments, second homes, and luxury living, DarGlobal transforms real estate into economic catalysts, unlocking opportunities for both investors and the countries it enters.
DarGlobal has partnered with over 10 world-renowned luxury brands, including Trump Organization, Aston Martin, Automobili Lamborghini, Fendi, ELIE SAAB, Marriott Residences, Missoni, Mouawad, Pagani Automobili, and W Hotels.
These collaborations offer unique investment opportunities in global cities, providing both wealth growth and protection.
Listed on the London Stock Exchange, DarGlobal goes beyond property development, it drives economic transformation by attracting international clients and Foreign Direct Investment (FDI). By injecting capital, confidence, and industry expertise, DarGlobal enhances local infrastructure while elevating the global appeal of each destination.
With a presence in 14 international cities across 9 countries, DarGlobalโs portfolio spans the United Kingdom, Spain, Greece, Saudi Arabia, the UAE, Oman, and Qatar. The company is also expanding into world-class hospitality, developing luxury hotels in Dubai, the Maldives, and Oman.
To support its international clientele, DarGlobal has sales and customer service offices in New York, London, Marbella, Athens, Dubai, Jeddah, Riyadh, Muscat, and Doha.
