Latest news with #ZiadElChaar
Gulf Business
19-05-2025
- Business
- Gulf Business
Ziad El Chaar on Trump Towers, tokenisation, and Dar Global's vision for real estate
Image: Supplied From the recent launch of the Trump Tower Dubai in partnership with the Trump Organization to exploring tokenised real estate and branded luxury developments from Muscat to Madrid, CEO Ziad El Chaar explains to Gulf Business editor, Neesha Salian, how Dar Global — the international arm of Dar Al Arkan — is redefining the global real estate landscape. With a focus on investor-first focus, ESG principles, and brand-driven development, the conversation offers insight into the company's global footprint and the leadership mindset shaping its operations and future. This is an exciting time, especially with the project involving the Trump Organization. What has driven the strategy behind this partnership and your broader regional expansion? We started When we went public in 2023 on the London Stock Exchange, we committed to becoming one of the world's top 50 global real estate developers. That goal requires pushing our annual revenue close to $3bn. So, we built the team, launched branches, and initiated developments across key cities. Now it's time to amplify results. We've been partnering with globally respected brands to maximise returns for our shareholders and real estate investors. The Trump brand, in particular, has strong global recognition and premium appeal. I helped introduce the Trump brand to Dubai 10 years ago with a golf community that became one of the city's best. We launched in Muscat with Trump-branded residences, attracting investors from over 50 nationalities. In Jeddah, we created a 47-storey premium tower with a Trump members-only club — another project that has drawn global attention, especially with Saudi Arabia's new foreign investment laws that only came into effect last year. The brand brings luxury, exclusivity, hospitality, and international reach. Read: Dubai's real estate market is famously competitive. How do you see the Trump Tower project standing out among other iconic developments? In real estate, the key element is always location. We chose a prime spot on Sheikh Zayed Road, right at the entrance of Downtown Dubai. This gives residents access to all the amenities of Downtown — without the traffic. The views are stunning — Burj Khalifa on one side, and the sea, Jumeirah Bay, and La Mer on the other. Beyond location, we're adding value through hospitality. We've been investing heavily to bring the Trump Hotel brand to Dubai. We're also introducing the Trump Members Club, and residences that come with access to what will be the world's highest outdoor swimming pool. When you combine all of that with Dar Al Arkan's 31-year track record, you have a truly compelling offer. Our promise is to consistently outperform the market — not with hype, but with delivery and design that attract strong returns. Let's talk about technology and sustainability. Where does Dar Global stand on tokenisation and ESG? Tokenisation is very close to my heart. I tried to initiate a real estate tokenisation project in Dubai back in 2018 and even published a white paper on the topic. Dubai, with its investor diversity, is ideal for tokenisation. But it's not just about creating tokens —you also need liquidity. If there's no exchange to trade tokens, the system is half-cooked. We need a Dubai Security Tokens Exchange, like the Dubai Financial Market, where real estate tokens can be traded. On sustainability, we take ESG seriously. Being listed in London means we comply with strict FCA guidelines. We try to go beyond local market standards and lead in ESG delivery. In addition to the Trump brand, you've partnered with several others. What drives your strategy in branded residences? We currently have 14 branded residence partnerships. Our strategy is investor-focused. We develop only in international cities with demand from multiple nationalities. Branded residences offer high desirability and limited supply, making them stable, high-yield products. These global names help us offer something unique in each city. When you add a respected brand to a luxury location, you create a product that's both exclusive and consistently in demand. How are your international markets progressing, particularly Spain, Oman, the US, among others? Our strategy is to develop in cities with broad, international demand. Many of our investors buy in multiple global locations — so in a way, we're helping them complete their collections. We're already active in Doha, Moscow, Dubai, Muscat, Riyadh, Jeddah, Central London, southern Spain, and soon, Athens. We're also exploring collaborations in parts of the US. that are internationally active. For now, we're focusing on deepening our presence in these existing cities. Opening a new development setup is costly, so our priority is to grow where we've already established a footprint. What leadership principles have guided you and your company to this level of success? It's all about focus. We don't do everything. We chose a path — luxury real estate in international cities — and we've stayed true to it. Every project we pursue is evaluated through one lens: is this good for our investors and shareholders? Can our team deliver it without being stretched? We don't build because we like an idea; we build only if it serves all our stakeholders. What advice would you give to other real estate leaders navigating today's volatile global market? Focus on scarcity. In real estate, it's all about supply and demand. Don't be the 700th tower in the suburbs with generic views. Those products perform only when the market is booming. Instead, offer something unique: a one-of-a-kind product, a top-tier location, or cost leadership — though the latter is the hardest because you can't control material costs. If you're not unique or cost-efficient, don't enter this business. You are a busy CEO. How do you find a work-life balance? I was taught by my late parents that you give everything to your work and livelihood — and whatever time is left, you live your life. This idea of working six hours a day and prioritising weekends doesn't hold in our world. If a client wants to meet on a Saturday, you show up in a suit. That's what I teach my daughter too. Hard work, loyalty, and contribution to your institution's success should the core values driving you. Any parting thoughts? My first interaction with Dubai's real estate scene was at Cityscape 2012 in the World Trade Center. It's amazing to see how far we've all come in just 20 years.
Korea Herald
14-05-2025
- Business
- Korea Herald
DAR GLOBAL AND THE TRUMP ORGANIZATION'S NEW DUBAI ICON, TRUMP INTERNATIONAL HOTEL & TOWER, DUBAI — HOME TO THE WORLD'S HIGHEST OUTDOOR POOL — ATTRACTS GLOBAL INVESTORS
DUBAI, UAE, May 14, 2025 /PRNewswire/ -- Dar Global, the London-listed luxury real estate developer, and The Trump Organization have confirmed unprecedented global interest in the Middle East's first and only Trump International Hotel & Tower, Dubai, reinforcing the confidence of investors and buyers in the region's long-term growth potential. The recently launched landmark project, set along Sheikh Zayed road at the entrance of Downtown Dubai with exclusive views to Burj Khalifa and the sea, represents the fifth collaboration between Dar Global and the Trump Organization. This new icon builds on the success of developments such as Trump Tower Jeddah in Saudi Arabia and Trump International Golf Club and Hotel in AIDA, Oman's most luxurious beach master community. Trump International Hotel & Tower, Dubai blends world-class hospitality with exclusive residential offerings. Occupying 80 floors at 350m, Trump International Hotel & Tower, Dubai presents lavish hospitality offerings comprising exquisite rooms and suites, private lounges, personalized service, and world-class amenities for guests. Adding to its allure, The Trump - a private, members-only club, offers unmatched exclusivity and experience for select members. With sweeping views of the Burj Khalifa, the property will feature an exclusive resort-style pool dedicated to residents only. Furthermore, residents and guests will enjoy access to the highest outdoor pool in the world with breathtaking panoramic views. Crowning the Tower, two distinctive penthouses with sky pools epitomize the best of design elegance and exclusivity, setting a new benchmark for luxury living in Dubai. Inspired by the legendary Trump Tower Penthouse on New York's 5th Avenue, these breathtaking duplexes boast floor-to-ceiling windows that capture sweeping views of the Dubai skyline. Eric Trump, Executive Vice President of The Trump Organization, said: "The overwhelming response to Trump International Hotel & Tower, Dubai is a testament to our unwavering commitment to excellence, luxury and innovation. Our collaboration with Dar Global on this landmark development brings unparalleled quality and world-class amenities to Dubai's luxury market." Ziad El Chaar, CEO of Dar Global, added: "Dubai's vibrant economy and strategic location make it a prime destination for global investment, and Dar Global recognizes this potential. The Trump International Hotel & Tower, developed alongside the Trump Organization, is perfectly positioned to capitalize on this growth, offering investors a unique opportunity to participate in Dubai's success story."
Yahoo
14-05-2025
- Business
- Yahoo
DAR GLOBAL AND THE TRUMP ORGANIZATION'S NEW DUBAI ICON, TRUMP INTERNATIONAL HOTEL & TOWER, DUBAI -- HOME TO THE WORLD'S HIGHEST OUTDOOR POOL -- ATTRACTS GLOBAL INVESTORS
DUBAI, UAE, May 14, 2025 /CNW/ -- Dar Global, the London-listed luxury real estate developer, and The Trump Organization have confirmed unprecedented global interest in the Middle East's first and only Trump International Hotel & Tower, Dubai, reinforcing the confidence of investors and buyers in the region's long-term growth potential. The recently launched landmark project, set along Sheikh Zayed road at the entrance of Downtown Dubai with exclusive views to Burj Khalifa and the sea, represents the fifth collaboration between Dar Global and the Trump Organization. This new icon builds on the success of developments such as Trump Tower Jeddah in Saudi Arabia and Trump International Golf Club and Hotel in AIDA, Oman's most luxurious beach master community. Trump International Hotel & Tower, Dubai blends world-class hospitality with exclusive residential offerings. Occupying 80 floors at 350m, Trump International Hotel & Tower, Dubai presents lavish hospitality offerings comprising exquisite rooms and suites, private lounges, personalized service, and world-class amenities for guests. Adding to its allure, The Trump -a private, members-only club, offers unmatched exclusivity and experience for select members. With sweeping views of the Burj Khalifa, the property will feature an exclusive resort-style pool dedicated to residents only. Furthermore, residents and guests will enjoy access to the highest outdoor pool in the world with breathtaking panoramic views. Crowning the Tower, two distinctive penthouses with sky pools epitomize the best of design elegance and exclusivity, setting a new benchmark for luxury living in Dubai. Inspired by the legendary Trump Tower Penthouse on New York's 5th Avenue, these breathtaking duplexes boast floor-to-ceiling windows that capture sweeping views of the Dubai skyline. Eric Trump, Executive Vice President of The Trump Organization, said: "The overwhelming response to Trump International Hotel & Tower, Dubai is a testament to our unwavering commitment to excellence, luxury and innovation. Our collaboration with Dar Global on this landmark development brings unparalleled quality and world-class amenities to Dubai's luxury market." Ziad El Chaar, CEO of Dar Global, added: "Dubai's vibrant economy and strategic location make it a prime destination for global investment, and Dar Global recognizes this potential. The Trump International Hotel & Tower, developed alongside the Trump Organization, is perfectly positioned to capitalize on this growth, offering investors a unique opportunity to participate in Dubai's success story." Photo: View original content to download multimedia: SOURCE Dar Global View original content to download multimedia: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
ME Construction
02-05-2025
- Business
- ME Construction
Trump International Hotel & Tower launched by Dar Global and the Trump Organisation
Property Trump International Hotel & Tower launched by Dar Global and the Trump Organisation By This project marks the Middle East's inaugural Trump International Hotel & Tower and the fifth collaborative venture between Dar Global and the Trump Organisation Dar Global and The Trump Organisation have announced the launch of Trump International Hotel & Tower in Dubai. This decision is driven by the region's long-term growth potential and the company's commitment to providing value to investors and residents. The project marks the Middle East's inaugural Trump International Hotel & Tower and the fifth collaborative venture between Dar Global and the Trump Organisation. This new development is located along Sheikh Zayed Road, at the entrance of Downtown Dubai, offering views of the Burj Khalifa and the sea. Occupying 80 floors, Trump International Hotel & Tower, Dubai will present hospitality offerings rooms and suites, private lounges, personalised service, and amenities for guests. The Trump, a private, members-only club, offers exclusivity and experience for select members. The property will feature a resort-style pool dedicated to residents only. Furthermore, residents and guests will enjoy access to what's said to be the world's highest outdoor pool. Eric Trump, Executive Vice President of The Trump Organisation said, 'Trump International Hotel & Tower, Dubai is a project that reflects our unwavering commitment to excellence, luxury and innovation. We are honored to partner once again with Dar Global on this landmark development, bringing unparalleled quality and world class amenities to Dubai's luxury market. Dubai is a global destination that shares our vision for iconic development, and we're proud to expand the Trump brand in one of the most dynamic cities on earth. Ziad El Chaar, CEO of Dar Global added, 'Dubai's vibrant economy and strategic location make it a prime destination for global investment, and Dar Global recognises this potential. The Trump International Hotel & Tower, developed alongside the Trump Organisation, is perfectly positioned to capitalise on this growth, offering investors a unique opportunity to participate in Dubai's success story while benefiting from the strength and prestige of the Trump brand as well as Dar Global's expertise in luxury real estate development.' Crowning the Tower, two penthouses with sky pools epitomise the design and exclusivity, setting a new benchmark for luxury living in Dubai. Inspired by the Trump Tower Penthouse on New York's 5th Avenue, these duplexes boast floor-to-ceiling windows that capture views of the Dubai skyline, said the statement.
Cision Canada
01-05-2025
- Business
- Cision Canada
DAR GLOBAL ANNOUNCES DEVELOPMENT OF TRUMP INTERNATIONAL GOLF CLUB, DOHA AND ULTRA-LUXURY BEACHFRONT VILLAS WITHIN THE SIMAISIMA COMMUNITY
DOHA, Qatar, May 1, 2025 /CNW/ -- Dar Global has signed an agreement with The Trump Organization to develop Trump International Golf Club, Doha as part of the landmark Simaisima coastal masterplan located 40 kilometers north of Doha. Occupying approximately 790,000 square meters within the broader 8 million square meters of Simaisma development, this collaboration will deliver a world-class 18-hole Trump International Golf Course, a Trump Golf Clubhouse, and approximately high-end branded villas overlooking the golf and the beach with direct access to beach and neighbouring anticipated luxury lifestyle destinations. The larger Simaisima masterplan, led by Qatari Diar, is set to transform Qatar's eastern coastline and will feature a 650,000 sqm theme park, tourism and hospitality zones, a yacht marina, beach club, and a curated mix of cultural attractions, retail, and fine dining experiences. Eric Trump, Executive Vice President of The Trump Organization, commented: "We are immensely proud to bring the Trump brand to Qatar through this exceptional collaboration with Dar Global. This debut marks an exciting new chapter in our global expansion, bringing our signature standard of excellence and world-class experiences to this dynamic market. Trump International Golf Club, Doha, together with our exclusive villa community, will embody the highest levels of quality, prestige, and timeless elegance that define the Trump name." Ziad El Chaar, CEO of Dar Global, added: "Dar Global is honored to partner with The Trump Organization to deliver this iconic development. With the Trump brand's global prestige and our deep expertise in creating world-class residential destinations, Trump International Golf Club, Doha will raise the bar for ultra-luxury coastal living in the region." The Trump-branded enclave will be a key highlight within the Simaisima masterplan, reinforcing Qatar's position as a global hub for luxury, tourism, and investment. Disclaimer: Trump International Golf Club, Doha is not owned, developed or sold by The Trump Organization or any of their current or former principals or affiliates. Dar Global PLC, the owner and developer of the property, uses the "Trump" name and mark under license, which license may be terminated or revoked according to its terms.
