Dar Global announces two new projects in Riyadh
The developments further solidify Dar Global’s position as a leader in delivering premium real estate in Saudi Arabia and beyond
Dar Global has announced the launch of two landmark projects in Riyadh in partnership with The Trump Organization. This new agreement marks the fourth and fifth collaboration between the two firms and builds on the Trump International Oman in the AIDA development.
Targeting the Saudi Arabian market and international investors, the projects advance Dar Global’s growth strategy of capitalising on opportunities across key cities in the Kingdom. As the international arm of the Saudi developer Dar Al Arkan, these developments further solidify Dar Global’s position as a leader in delivering premium real estate in Saudi Arabia and beyond. Dar Global currently has US $7.5bn worth of projects under development in six countries – the UAE, Oman, Qatar, the UK, Spain, and most recently, the Kingdom of Saudi Arabia, said a statement from the firm.
Dar Global will launch Trump Tower Jeddah, the third project between Dar Global and The Trump Organization. The venture highlights the decade-long relationship between The Trump Organization and Ziad El Chaar of Dar Global, further reinforcing their shared vision of creating iconic developments that redefine luxury living.
Ziad El Chaar, CEO of Dar Global said, “We are proud to expand our collaboration with The Trump Organization and deliver new iconic projects in Riyadh, building on the success of Trump International Oman. These developments will redefine luxury living in Saudi Arabia’s capital and strengthen our presence in this high-growth market. Together, we are setting new benchmarks for quality and sophistication.”
Eric Trump, Executive Vice President of The Trump Organization added, “Following the remarkable success of Trump International Oman, as well as our most recent ventures in Dubai and Jeddah, we are thrilled to announce two additional projects in Riyadh. These developments will set the standard in luxury for years to come, and we are honored to continue our decade-long partnership with Ziad El Chaar and Dar Global to offer an unparalleled residential and lifestyle experience in these key markets.”
