Dar Al Arkan Real Estate Development Company is a Saudi joint stock company specializing in residential, commercial, and mixed-use real estate projects. It is a subsidiary of Quara Holding and was established in 1994. The company has been listed on the Saudi Exchange (Tadawul) since 2007 and is headquartered in Riyadh, with five offices across Saudi cities.
Dar Al Arkan operates within the Kingdom of Saudi Arabia and has expanded into seven international markets, reflecting its strategic focus on becoming a global real estate brand.
Assets
The company’s commercial assets are valued at approximately SAR31 billion, with a share capital of SAR10.8 billion. As of 2023, Dar Al Arkan had developed 12.4 million m² of land, delivered 15,000 residential units, and manages 500,000 m² of commercial space.
These figures position Dar Al Arkan as one of the largest listed developers in Saudi Arabia.
Projects
Dar Al Arkan has launched numerous projects across the Kingdom, including:
- Ishbiliyah and Al Munsiyah in Riyadh City.
- Al Noor Villas in al-Madinah al-Munawwarah.
- Al Aziziah Towers Project.
- Al Manar Residential Project in Jeddah.
- Al Awali Villas in Makkah al-Mukarramah.
- Qasr Mall in Riyadh City, one of the company’s landmark retail developments.
In 2017, the company initiated its first international project, marking its entry into global markets. By 2021, it expanded further through partnerships with international fashion houses, blending real estate with luxury design.
Listing on the Saudi Exchange
Dar Al Arkan is listed on the Saudi Exchange (Tadawul) under the name Dar Alarkan, with the trading symbol 4300 and ISIN (SA11U0S23612). It operates within the Real Estate Management and Development sector of the main market.
The listing has provided the company with access to capital markets, allowing it to finance large-scale projects that contribute to Saudi Arabia’s urban growth and diversification goals under Vision 2030.
Strategic Role
Through its focus on urban development, international expansion, and lifestyle-integrated real estate, Dar Al Arkan Real Estate Development Company continues to play a central role in the transformation of the Saudi property sector. Its projects contribute to residential growth, commercial expansion, and the development of mixed-use hubs that align with the Kingdom’s long-term economic strategy.
