Top 100 GCC Real Estate Developers: Dar Al-Arkan

Developer is known for Roberto Cavalli-designed Mirabilia Villas and I Love Florence Tower projects

 Yousef Al Shelash chairs Dar Al-Arkan Real Estate Company.
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Yousef Al Shelash chairs Dar Al-Arkan Real Estate Company.

Saudi Arabia-listed real estate developer, Dar Al-Arkan — chaired by Yousef Bin Abdullah Al Shelash — is the developer behind Dubai’s I Love Florence Tower, the interiors for which have been designed by Italian fashion house Roberto Cavalli.

The company, which is also developing the Roberto Cavalli-designed Mirabilia Villas in Riyadh, posted a 92% decline in net profits for the first quarter of 2019, which it attributed to "lower property sales" during the period.

Construction Week's Top 100 GCC Real Estate Developers 2019 list is a compilation of the region's most influential and successful property firms.

The list has been produced based on publicly available information, and is not a ranking.

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