Dar Global Reports 66% Revenue Growth in First Half of 2026
Saudi developer Dar Global posted a 66% revenue surge in H1 2026, with its portfolio reaching a gross development value of $23 billion.
Dar Global, the Saudi-based international real estate developer, reported a 66% increase in revenues for the first half of 2026, the company announced from Riyadh on September 30, 2026. The strong performance underscores accelerating demand for the developer's projects across its international markets.
The company's portfolio reached a gross development value of $23 billion, a milestone that reflects both the scale of active projects and the pace at which Dar Global has expanded its pipeline in recent years. Gross development value is a widely used metric in real estate that captures the estimated total worth of a developer's projects at completion.
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The results position Dar Global among the fastest-growing luxury and premium real estate developers operating out of the Gulf region. The company has been expanding its footprint beyond Saudi Arabia, targeting high-demand international destinations as part of its broader growth strategy.
The first-half figures suggest the developer is on track for a record full-year performance, though the company has not issued formal full-year guidance based on details available in the announcement. Analysts tracking Gulf real estate developers have noted that elevated oil revenues and continued government-backed infrastructure investment have provided a supportive backdrop for the sector.
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