Profile: DAR AL ARKAN | Dar Al Arkan Real Estate Development Company

SAUDI STOCK EXCHANGE (TADAWUL)Trading Hours: Sun - Thu 10:00 am-3:00 pm

Dar Al Arkan Real Estate Development Company DAR AL ARKAN
Real Estate 0.22%
TASI 0.43%
Last Value
% Change
Price in SAR Last Update : 02 Aug 2017 11:00 am (local time)


Corporate Details
Exchange Saudi Arabia
Sector Real Estate MGMT & DEV't
Auditors Deloitte & Touche
Company Description

Dar Alarkan is a leading real estate development company in the Kingdom of Saudi Arabia, specializing in residential real-estate. The company is based in Riyadh.

Company Activities

Dar Al-Arkan specializes in the development of master-planned lifestyle residential communities offering developed land parcels, apartments and villas.

Equity Profile
Date Established Dec 28, 1994
Listing Date N/A
Paid-up Capital (SAR) 10,800,000,000
Outstanding Shares 1,080,000,000
Shares Per Value 10
Contact Information

P.O Box: 105633 ,Riyadh (Al-Mather Road), Riyadh ,Kingdom of Saudi Arabia.

+966 1206 9898

+966 1206 1616



Company History

Dar Al-Arkan was established in 1994 by six prominent business families with significant real estate development experience in response to the increasing demand for quality housing from the rapidly growing Saudi population. 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 company increased its capital to SAR 5.40 billion (US$1.44 billion) through a private placement in the domestic market in 2004 while converting to a partnership limited by shares. Subsequent to the private placement, Dar Al-Arkan converted to a joint stock company in 2005.

Board Members & Senior Management
Mr. Youssef Bin Abdullah Al Shelash Chairman
Mr. Abdulrahman Hamad Saleh Al Harkan CEO
Mr. Majid Romi Soliman Al- Romi Board of Directors
Mr. Abdul Aziz Abdullah Al Shelash Board of Directors
Mr. Abdullatif Abdullah Al Shelash Board of Directors
Mr. Hathloul Saleh Al Hathloul Board of Directors
Mr. Tariq Mohamed Al Jarallah Board of Directors
Mr. Ahmed Mohammed Othman Al Dahash Board of Directors
Mr. Majed Abdul Rahman Al Qasim Board of Directors
Mr. Khalid Abdullah Al Shelash Board of Directors
Mr. Saleh Bin Mrikhan AlMutairi Board of Directors
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