Dar Global Posts 66% Revenue Jump, Portfolio GDV Hits $23B
The London-listed luxury developer reported $258M in first-half 2026 revenue, up 66% year-over-year, as its total portfolio gross development value reached $23 billion.
Dar Global, the London-listed international luxury real estate developer headquartered in Riyadh, reported a sharp acceleration in top-line growth for the first half of 2026, with revenue climbing 66% to US$258.0 million compared to the same period a year earlier, according to the company's unaudited interim results for the six months ended June 30, 2026.
The results underscore the continued expansion of the developer's global footprint in the high-end property segment. The company's total portfolio gross development value reached US$23 billion, a figure that reflects both ongoing project pipelines and new additions to its international development slate.
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Dar Global has built its brand around partnerships with luxury names and targeting affluent buyers across multiple markets, positioning itself as one of the faster-growing developers in the premium international real estate space. The strong first-half performance suggests sustained demand for luxury residential product even as broader global real estate markets have faced headwinds from elevated interest rates and tighter credit conditions.
The interim figures are unaudited, and the company noted the results cover the period through June 30, 2026. Investors and analysts will likely scrutinize the second-half trajectory as the developer works to convert its sizable GDV pipeline into recognized revenue over coming reporting periods.
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