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Dar Al Arkan, established in 1994, is a master developer of large-scale projects, generally up to 5 million sq metres. [1], Based in Riyadh, it was established in 1994 by six business families with real estate development experience in response to the demand for housing from the rapidly growing Saudi population. Get Directions. In addition to its head office in Riyadh, Dar Al Arkan has offices and branches across KSA, including Mecca, Jeddah and Madinah. 5. It occupies an area of 25,143 sq meters. Dar Al Arkan Real Estate Development was founded by Yosif Abdullah Al-Shelash on December 28, 1994 and is headquartered in Riyadh, Saudi Arabia. The total value of the project was 18,400,000 Saudi Riyals. The mall also contains 4 panoramic elevators, 28 escalators, 8 electric paths and 14 elevators connecting all levels and sections of the mall. a company with a minimum of five shareholders who are restricted from selling their shares (except with respect to transfers to each other) for a period of at least two years and can be listed on the Saudi stock exchange). The project is located on the north east area of Riyadh city, near Ishbiliya project towards the north. Dar Al Arkan Properties is the real estate development arm of Dar al Arkan. The project is located north of Riyadh city near the Al-Rabie project. Nadhmi Al Nasr, the CEO of Saudi Arabia's mega ‘new future’ city project incorporating cutting-edge smart city technology, and Sultan Ahmed Bin Sulayem, the group chairman and CEO of … The community contains common areas including restaurants, mosques, commercial retails, schools, malls and health care. The project is located to the north of Riyadh city, near the Al-Rabie project. Apr 23, 2020 6:51 PM. Construction of the project was started in 2002. meters. It occupies an area of 409,775 square meters and consist of 389 residential units. As of 31 December 2016,[5] Dar Al Arkan had total assets of SAR 24.4 billion (US$6.5 billion), with shareholders’ equity of SAR 18.1 billion (US$4.8 billion). The cost of the project was 110,500,00 Saudi Riyals. Villas are built on areas ranging from 300 to 1,600 square meters. All rights reserved. Top ratings agency Moody s said it has changed Dar Al Arkan Real Estate Development Company (DAAR) s outlook to stable from positive. A labourer works at Dar Al-Arkan's Al Qasr project construction site in Riyadh October 25, 2009. 4. The project construction started in 2004, and was completed in 2006. The project contains a mosque and a public garden. It is a recognised leader in Saudi Arabia with a diversified high value portfolio in development projects and commercial assets, as well as a pioneer in the design and development of master plan communities. Quara Holding Emerges as Saudi Arabia's Most Innovative Technology-Driven Investment Holding Company Dec 20, 2020 Leading KSA Real Estate Developer Dar Al Arkan launches its first project in … One of our representative will contact you very soon. 320 people like this. It consists of 400 residential units, comprising eight towers. The construction was completed and sold out by 2006. Dar Al Arkan … The total area of the project is about 88,516 square meters. Al Mohammadiyyah, Jeddah, Saudi Arabia . Since 1994, Dar Al Arkan has had a significant influence on the real estate development sector in Saudi Arabia. A history of growth and achievement Shortly after its establishment in 1994, through progressive leadership and smart investments, Dar Al Arkan became a leading property development company, contributing extensively to Saudi Arabia’s real estate sector. The construction work of the project started in 2002 and finished by 2005. Enjoy life at #Pariziana Residential Complex from #Dar _ Arkan with unique designs inspired by French life, with outstanding services needed for the whole family. ‎The premier property developer of Saudi Arabia. The total area of the project is 58.213 sq meters. The total value of the project was 49,100,000 Saudi Riyals. The project's construction was started in 2003 and finished in 2006. The project is located in Makkah Al-Mukarama, near the Holy Haram, and the stoning area, 3 kilometers from the Haram. The project consists of 139 residential units. Once completed, it will offer residential apartments with interiors designed by Roberto Cavalli. The project occupies an estimated area of 349,943 sq. Dar Al Arkan Online shall not be responsible or liable, directly or indirectly to any faults relating to the build quality, construction or the materials used in the listed properties on this website, Dar Al Arkan Online shall not be liable for the accuracy or correctness of the specifications or images posted on this website and relating to the listed properties, Dar Al Arkan Online shall not be liable for any misrepresentation or the provision of false and inaccurate information relating to the listed properties on this website. The project contains 28 residential units of four designs. Dar Al-Arkan’s activities include residential, mixed use and commercial developments in Riyadh, Jeddah, Makkah and Madinah and other cities across in Saudi Arabia, as well as the I Love Florence Tower in Downtown Dubai. It is formed of 420 villas. The project's construction was started in 2003 and finished in 2006. From July 2002 to January 2004, Dar Al Arkan operated as a limited liability company with a capital base of SAR 140 million (US$37 million). The project occupies an area of 41,168 sq meters. The total value of the project is US$2.18 million. The project is located an Al-Shifa plam in Al-Muzaiynib residential area in Al-Madinah Al-Manwarah, six kilometers from the Prophet Holy Masjid. The project is located near Jeddah International Airport, shopping centers, schools, and public gardens. This notice is to confirm that Dar Al Arkan Real Estate Development is the legal owner of the copyrighted commercial name "Dar Al Arkan (DAAR)" as registered at the official certificate no#1437025479 issued by Ministry of Commerce and Investment, in the Kingdom of Saudi Arabia. [9] Dar Al Arkan has already started selling project units. The project is located to the north of Riyadh city, and east of the Kingdom Hospital and Kingdom School. 43 check-ins. Your message has been successfully sent. Its residential section comprises 259 housing units. Villa 5 Bedrooms in Al Muhammadiyah, Jeddah, Saudi Arabia. 12622 Makkah Road (7,406.90 mi) Riyadh, Saudi Arabia NA. It has an estimated area of 279,436 square meters and contains 398 residential units. [10], The project is located in Riyadh, Saudi Arabia, in Dar Al Arkan's 5 million square meter project, Shams Ar Riyadh. Dar Al Arkan had jumped from around 7.50 riyals in mid-November, when international index compiler MSCI said it was adding the stock to its Saudi Arabia Index. The project area is 64,621 square meters containing seven towers; each tower consisting of a 14-storey building. Al Manar residential project is located on the east of Jeddah City. Villa 5 Bedrooms in Al Muhammadiyah, Jeddah, Saudi Arabia, Villa 4 Bedrooms in Al Malqa, Riyadh, Saudi Arabia, Villa 4 Bedrooms in Uqadh, Riyadh, Saudi Arabia, Detached houses 4 Bedrooms in Asini, Greece, Apartment 1 Bedroom in Dubai, United Arab Emirates. 335 people follow this. 134 people follow this. Subsequent to the private placement, Dar Al Arkan converted to a joint stock company in 2005 (i.e. Closed Now. IT Security Officer Dar Al Arkan Properties Riyadh, Saudi Arabia 2 weeks ago Over 200 applicants. Saudi Arabia's residential market suffers from undersupply. The listing supports the accelerating development activities of Dar Al Arkan, one of the Middle East’s leading real estate developers, including flagship integrated residential communities across Saudi Arabia… It occupies an area estimated at 30,506 sq. It consists of 42 residential units distributed on four blocks. In addition to the apartments, the tower will offer retail attractions by Roberto Cavalli. Image used for illustrative purpose. The building is located in Dubai near the Dubai Water Canal. 7. Saudi Dar Al Arkan's ratings stable, says Moodys . The founding shareholders own 70% of the company. Dar Al Arkan Real Estate (DAAR) (Arabic: دار الأركان) is a Saudi Arabian property development company. The construction of the project started in 2002 . Retail investors piled into … It is composed of upscale villas of 3 to 7 bedrooms designed by Roberto Cavalli. meters. The project is located east of the Eastern Ring between exit 9 and 10. The total value of the project is SAR 30,400,000. Total revenues and net income reached SAR 1.8 billion (US$0.48 billion) and SAR 249 million (US$66.4 million), respectively. Dar Al Arkan (Jeddah) Real Estate Developer in Jeddah, Saudi Arabia. It occupies an estimated area of 110,843 sq. 4. Inaugurated in 2013, Al Qasr shopping mall consists of 4 floors and 350 stores. [6], I Love Florence Tower is Dar Al Arkan's first project outside of Saudi Arabia. Dar Al Arkan increased its capital to SR5.4 billion (US$1.4 billion) through a private placement in the domestic market in 2004 while converting to a partnership limited by shares. Dar Al Arkan is also involved in the acquisition, development, construction, maintenance, demolition, and restructuring of residential and commercial buildings.[2]. 129 people like this. © 2021 Dar Al Arkan Online. The total value of the project is 229,300,000 Saudi Riyals. The project occupies an area estimated at 62,930 square meters and consists of 80 residential units, and villas (Duplexes). The project is located in Yanbu city, near the sea in Al-Buhaeyra. Owned today within an integrated complex. Closed Now. Community See All. It is the largest developer by market value in Saudi Arabia. The total value was SAR 12,900,000. It consists of 55 residential units. The total value of the project is 52,100,000 Saudi Riyals. "We estimate that a current shortage of 700,000 units exists in the market and an additional 1.2 million new units will be needed by 2014, offering attractive potential for realtors," Mr El Maghraby said. Saudi Arabia issues over 11K construction licences in December. It consists of 95 residential units. The project's construction was started in 2003 and was completed in 2005. The total value of the project was SAR 600 million. The project is located ont the north east of Riyadh, near Dammam highway, 1 kilometer away from the Al-Yarmouk project. Dar Al Arkan Properties Riyadh, Saudi Arabia. Dar Al Arkan (Dar Al Arkan Headquarter) Real Estate Developer in Riyadh, Saudi Arabia. It occupies an area of approximately 285,822 square meters. It is the largest developer by market value in Saudi Arabia. About See All. The project's construction was started in 2003 and completed in 2006. Al Malqa, Riyadh, Saudi Arabia . The total value of the project was 44,600,000 Saudi Riyal. Apply Now. The project is located in Makkah city at a location on Aziziah street next to the Holy Mosque and the Jamarat (stoning area.) Dar Al Arkan, which has real estate projects in the UAE and Saudi Arabia, reported a net profit of 135m Saudi riyals (Dh132.2m) for the third quarter, a jump from 37m riyals reported for the same period in 2018. Over 200,000 construction licences requests have been accomplished during the last year . 1 check-in. [11], Saudi Arabian property development company, I Love Florence Tower, Interiors by Roberto Cavalli, Learn how and when to remove these template messages, Learn how and when to remove this template message, "Dar Al Arkan Real Estate Development Company", "Saudi's Dar Al Arkan unveils $2 bln Jeddah project", "Company Overview of Dar Al Arkan Real Estate Development Company", "Saudi Stock Exchange (Tadawul) Annual Statistical Report - 2007", "Dar Al Arkan starts work on $218m tower", "Dar Al Arkan launches Mirabilia, a luxury development with interiors by Roberto Cavalli", "Dar Al-Arkan licensed to sell off-plan units in Shams Al-Riyadh", "Dar Al Arkan, Roberto Cavalli start SAR 600m villas development in Shams Ar Riyadh", https://en.wikipedia.org/w/index.php?title=Dar_Al_Arkan_Real_Estate_Development_Company&oldid=1000268081, Real estate companies established in 1994, Saudi Arabian companies established in 1994, Articles with a promotional tone from October 2017, Articles needing additional references from October 2017, All articles needing additional references, Articles with multiple maintenance issues, Articles needing additional references from January 2019, Creative Commons Attribution-ShareAlike License, This page was last edited on 14 January 2021, at 11:43. In total, Dar Al Arkan has seven branches and over 300 employees. The company has invested in innovative residential solutions, which resulted in the development of 15,000 housing units and 500,000 sq.m of luxury retail space. The project's construction was started in 2002 and completed in 2006. Community See All. It features one to four bedroom apartments and 38 floors. Yousef Bin Abdullah Al Shelash, Chairman of Dar Al Arkan Real Estate Development Company of Saudi Arabia, today rang the market opening bell at Nasdaq Dubai to celebrate the listing of a 600 million US dollar Sukuk. This notice is to confirm that Dar Al Arkan Real Estate … جولة بتقنية 360 درجة | Dar Al Arkan. 3,600,000 SAR. The project is located in Sharm Abhor in Jeddah province. Dar Al Arkan Real Estate (DAAR) (Arabic: دار الأركان) is a Saudi Arabian property development company. The project is still under construction. The development has six designs. 583.00 SQM. The total value of the project (the cost of the project) is 174,730,000 Saudi Riyals. The total cost of the project was 127,700,000 Saudi Riyals. Dar Al Arkan official website addresses are: daralarkan.com, alarkan.com or alarkan.email. Dar Al Arkan had jumped from around 7.50 riyals in mid-November, when international index compiler MSCI said it was adding the stock to its Saudi Arabia Index. meters. Dar Al-Arkan Real Estate Development Company (DAAR), Saudi Arabia - Company information along with stock price and performance. It also includes a food court, a fun zone and large open areas. [7], The project is located north-west of Riyadh, Saudi Arabia on an area of 5 million square meters, of which 1.2 million square meters are built-up. The total value of the project is SAR 97,890,000. Competitors Name REUTERS/Fahad Shadeed . The listing supports the accelerating development activities of Dar Al-Arkan, one of the Middle East’s leading real estate developers, said […] In December 2007.,[3] the company listed its shares on the Saudi Stock Exchange (Tadawul All Share Index/ Real estate sector) under the symbol 4300.[4]. It attributed the rise in quarterly profitability to higher operating income. Dar Al Arkan of Saudi Arabia rings market-opening bell on Nasdaq Dubai Dar Al Arkan of Saudi Arabia rings market-opening bell to celebrate listing USD 600 million Sukuk on Nasdaq Dubai 13.11.2019 The total value of the project is 211,500,000 Saudi Riyals.″, It is located in Riyadh, Saudi Arabia on an area of 250,000 square meters. [8] It is designed to be a “city within a city”. DUBAI- Yousef bin Abdullah Al-Shalash, Chairman of Dar Al-Arkan Real Estate Development Company of Saudi Arabia, on Wednesday rang the market opening bell at Nasdaq Dubai to celebrate the listing of a US$600 million Sukuk. 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