What Quara Holding does

Quara Global Holding is a privately held Saudi Arabian diversified investment company founded in 1994 by Yousef bin Abdullah Al Shelash, headquartered in Riyadh with a regional office in Dubai (DIFC) and ten international sales locations spanning London, New York, Marbella, Athens, Beijing, Muscat, and Doha. The holding is organized along two divisions — 'Quara' (real estate and finance) and 'Quara Tech' (technology investments) — comprising eleven wholly-owned operating subsidiaries: Dar Al Arkan (Saudi Arabia's largest developer, Tadawul-listed since 2008), DarGlobal (London Stock Exchange-listed international luxury developer), SHL Finance (Shariah-compliant home loans, Tadawul-listed), Quara Finance (SAMA-licensed digital micro-lender, listed on Nomu under ticker 9596), Alkhair Capital (CMA-licensed Shariah-compliant financial services firm, first Saudi investment firm in DIFC), DarGlobal Capital Partners (investment management), Independent Logistics Company (76,000 sqm of warehousing in Jordan), Compass Project Consulting, Compass Construction, Maison Dar (luxury interiors), and the Wasalt PropTech platform. The group claims a 12-million-user cumulative customer base across its platforms.

The holding generates revenue through a diversified mix of recurring and transactional streams: residential and luxury real estate sales by Dar Al Arkan and DarGlobal across Saudi Arabia and international markets; Shariah-compliant interest income from SHL Finance's SAR 1.7 billion mortgage portfolio and Quara Finance's SAR 1 billion+ credit portfolio; management, performance, and brokerage fees on Alkhair Capital's SAR 15+ billion in AUM; transaction and subscription fees on the Wasalt PropTech marketplace (which has facilitated SAR 8.4 billion in property value and pairs 750,000+ users with 3,300+ brokers, developers, and banks); and logistics, consulting, and interior-design services via the smaller subsidiaries. Key proprietary technology includes AI-driven property valuation, ROI prediction, automated description generation, agent matchmaking, and a REGA-licensed digital auction platform (authorized by Infath) on Wasalt, alongside open banking-integrated digital lending workflows at Quara Finance.

Customer acquisition spans self-serve PropTech (Wasalt), direct sales-led distribution (Quara Finance, SHL Finance), high-touch enterprise field sales for global HNWIs (DarGlobal), and partnership-led channel distribution (Wasalt's 3,300+ broker ecosystem and mortgage provider integrations). Strategic positioning centers on Saudi Vision 2030 tailwinds, Shariah-compliant product structuring, and exclusive branded co-development partnerships with global luxury marques (Trump Organization, Aston Martin, Pagani, Missoni, Elie Saab, Versace Home, W Hotels, Lamborghini), with the April 2025 launch of Christie's International Real Estate Saudi Arabia via Wasalt representing the group's most recent move to institutionalize a luxury brokerage channel.

Name

Quara Holding

Legal name

Quara Global Holding

Website

https://quaraholding.com

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

101–250 employees

Short description

Quara Global Holding is a Riyadh-headquartered private diversified holding company founded in 1994, operating across real estate development (Dar Al Arkan, DarGlobal), Shariah-compliant finance (SHL Finance, Quara Finance, Alkhair Capital), PropTech (Wasalt), construction consulting, and logistics across 13+ countries, serving retail consumers, SMEs, Saudi homebuyers, and global HNWIs.

Ownership category

akta.pro rank

Product category

Diversified Investment Holding (Real Estate, Finance, and Technology)

NAICS

Depository Credit Intermediation (5221), Open-End Investment Funds (525910), All Other Financial Investment Activities (52399), Miscellaneous Financial Investment Activities (523999), Funds, Trusts, and Other Financial Vehicles (525)

SIC

Personal Credit Institutions (6141), Miscellaneous Business Credit Institution (6159), Investment Advice (6282), Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Shariah-compliant Financing Products (Murabaha, Ijara, Tawarruq, Istisna, Salam) (FSABAGAH)

akta.pro secondary industries

Islamic SME & Commercial Banking (FSABAGAB), Islamic Corporate Banking (FSABAGAC), Islamic Private Banking & Wealth (FSABAGAD), Sukuk Origination & Structuring (Bank-led) (FSABAGAL), Islamic Retail Banking (FSABAGAA)

Keywords

• Real estate development
• Shariah-compliant financing
• Property technology platform
• Asset management services
• Construction consulting

Headquarters

HQ city

Riyadh

HQ country

Saudi Arabia

HQ region

Middle East

Offices11 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Supply Chain, Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Real Estate Development & Sales: Dar Al Arkan generates revenue from the sale of residential and mixed-use properties including villas, apartments, and master-planned communities across Saudi Arabia. DarGlobal generates revenue from international luxury real estate sales under branded partnerships.
2. Mortgage & Home Financing: SHL Finance (Saudi Home Loans) earns revenue from Shariah-compliant mortgage products including murabaha and ijara structures, generating interest income on financing portfolios. SAR 1.7 billion in total value of granted financing solutions; 150% coverage of existing credit portfolio.
3. Digital Micro-Lending: Quara Finance provides Shariah-compliant personal loans and SME financing through digital channels. Revenue generated from financing spreads and fees. Over SAR 1 billion credit portfolio and 78,000+ users.
4. Asset Management & Advisory Fees: Alkhair Capital manages investment funds (equity, sukuk, murabaha) and provides advisory, brokerage, and custody services for clients, earning management fees, performance fees, and commissions. Over SAR 15 billion in assets under management.
5. Real Estate Technology Platform: Wasalt generates revenue from property listings, digital auction fees, agent subscription services, and partnerships with brokers, developers, and mortgage providers. Facilitates SAR 8.4 billion in property value transactions.
6. Investment Management: DarGlobal Capital Partners manages investment products for international real estate, earning management fees and performance-based income from investor clients.

Pricing tiers

Go-to-market motion4 records

Distribution channels6 records

Marketing channels6 records

Core offering

Quara Holding is a diversified Saudi Arabian investment holding company that builds, acquires, and operates subsidiaries across real estate development, Shariah-compliant financial services, and property technology. Through Dar Al Arkan and DarGlobal it develops residential and luxury branded real estate; through Alkhair Capital, SHL Finance, and Quara Finance it delivers asset management, home mortgage financing, and digital micro-lending; and through Wasalt it operates an AI-powered PropTech marketplace for verified property transactions across Saudi Arabia.

Product overview

Quara Global Holding is a diversified investment company established in 1994, operating across real estate, finance, and technology sectors. The portfolio consists of a platform-plus-subsidiaries architecture organized under two divisions: Quara (finance and real estate investments) including Dar Al Arkan (Saudi real estate development), DarGlobal (international luxury development listed on London Stock Exchange), Alkhair Capital (Shariah-compliant investment services), SHL Finance (home financing), Independent Logistics (Jordan warehousing), and DarGlobal Capital Partners (investment management); and Quara Tech (technology investments) including Wasalt (PropTech platform), Quara Finance (digital micro-lending), Compass (project consulting), Compass Construction, and Maison Dar (luxury interiors). The holding company serves clients across 13+ countries with operations spanning the Kingdom of Saudi Arabia, UAE, UK, Jordan, China, Spain, Oman, Qatar, and Bosnia.

Differentiator

Problem solved

Functional benefit

Brands

• DarGlobal: Global luxury real estate developer with projects across 14 cities in 9 countries, listed on London Stock Exchange
• Dar Al Arkan
• AlKhair Capital
• SHL Finance
• Quara Finance
• Wasalt
• Independent Logistics Company
• Maison Dar
• Compass Project Consulting
• Compass Construction

Products and services

• Dar Al Arkan Real Estate Development Leading Saudi real estate developer founded in 1994, focused on luxury residential and mixed-use projects including master-planned communities such as Shams Ar Riyadh (5 million sqm) and Shams Al Arous in Jeddah. Publicly listed on Tadawul since 2008.
• DarGlobal International Luxury Real Estate London Stock Exchange-listed international luxury real estate developer active across 14 cities in 9 countries, delivering branded residences through partnerships with Trump Organization, Aston Martin, Elie Saab, Pagani, Missoni, Versace Home, W Hotels, and Lamborghini.
• Alkhair Capital Investment Services Shariah-compliant financial services firm licensed by the Saudi Capital Market Authority, providing investment fund management, portfolio management, advisory, underwriting, brokerage, and custody services with SAR 15+ billion in assets under management.
• SHL Finance Home Mortgage Financing Shariah-compliant home mortgage financing for individuals and businesses in Saudi Arabia, including murabaha and ijara structures, with SAR 1.7 billion in granted financing solutions to 12,000+ customers; listed on Tadawul.
• Wasalt PropTech Marketplace REGA-licensed PropTech marketplace serving 750,000+ registered users in Saudi Arabia, offering AI-powered property search, instant valuation, ROI prediction, agent matchmaking, project booking, and Infath-licensed digital auctions across web and iOS/Android mobile apps.
• Quara Finance Digital Micro-Lending SAMA-licensed Shariah-compliant digital micro-lending provider offering personal loans and SME financing through an open banking-integrated platform with AI-driven approval; listed on Nomu under ticker 9596 with SAR 1+ billion credit portfolio and 78,000+ users.
• Independent Logistics Company Warehouse Solutions Jordan-based B2B warehouse and storage provider with over 76,000 sqm of customizable storage space featuring flexible ceiling heights (5-13 meters) near key transportation routes.
• DarGlobal Capital Partners Investment Management Investment management arm of DarGlobal PLC providing managed investment vehicles for international luxury real estate opportunities, earning management fees and performance-based income from investor clients.
• Compass Project Consulting Project and cost management consultancy with 80+ professionals operating across UAE and KSA, delivering tailored solutions for complex real estate and infrastructure developments.
• Compass Construction Engineering and Construction Services End-to-end engineering and construction solutions provider offering project engineering, construction support, land development, and sustainability and technology integration services across UAE and KSA.
• Maison Dar Luxury Interior Design Multidisciplinary luxury interior design collective collaborating with international brands including Versace Home, Bentley Home, and Elie Saab Maison, curating luxurious living spaces through showrooms across Saudi Arabia.

Named customers5 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability6 records

Feature8 records

Partnerships

15 partnerships are on record, tiered flagship and core.

• Christie's International Real EstateflagshipGTM or Marketing Partner · 21 April 2025Wasalt (Quara Holding subsidiary) partnered with Christie's International Real Estate to launch Christie's International Real Estate Saudi Arabia — a luxury brokerage venture serving elite domestic and global clients. Wasalt provides AI-powered platform capabilities, local market expertise, and deep real estate sector relationships. The venture markets signature developments including Neptune Villas with Mouawad interiors. Zia El Chaar (Chairman of Wasalt/Vice Chairman of Quara Holding) and Helena Moyas de Forton (MD at Christie's) participated in the announcement.
• Trump OrganizationflagshipStrategic or Co-development PartnerDarGlobal holds an exclusive co-development partnership with the Trump Organization for Trump International Hotel & Tower Dubai and Trump Penthouses Dubai. The partnership targets ultra-high-net-worth buyers seeking branded luxury real estate.
• Aston MartincoreStrategic or Co-development PartnerDarGlobal partnered with Aston Martin for luxury branded real estate developments, leveraging the prestige of the British luxury automotive brand in international property markets.
• ELIE SAABcoreStrategic or Co-development PartnerDarGlobal partnered with Elie Saab for interior designs in residential projects including Les Vagues in Qatar and other luxury developments. The fashion house brand adds haute couture aesthetics to premium real estate.
• PaganicoreStrategic or Co-development PartnerDar Al Arkan Pagani Tower in Dubai (Building B of the project) features interiors designed by Pagani — the first globally for the luxury automaker in a residential context.
• MissonicoreStrategic or Co-development PartnerDarGlobal partnered with Missoni for interior designs in multiple projects including Urban Oasis by Missoni in Dubai, Marea in Spain, and other Mediterranean developments.
• Versace HomecoreStrategic or Co-development PartnerDar Al Arkan partnered with Versace Home for interior designs in Upside Living villas in Riyadh, Saudi Arabia — the first Versace Home-branded villas in the world.
• W Hotels (Marriott)coreStrategic or Co-development PartnerDarGlobal developed W Residences Dubai Downtown in partnership with W Hotels/Marriott Bonvoy. Residents receive Platinum Elite Status by Marriott Bonvoy.
• Lamborghini (Automobili Lamborghini)coreStrategic or Co-development PartnerDarGlobal partnered with Automobili Lamborghini for Tierra Viva luxury villa community in Benahavís, Costa del Sol, Spain — debuting Lamborghini-inspired architecture in Spain.
• Infath (Saudi Authority for Intellectual Property)coreTechnology or IntegrationWasalt's digital auction platform is licensed by Infath, enabling legally sanctioned online real estate auctions across the Kingdom of Saudi Arabia.
• 3,300+ brokers, developers, and banks (platform ecosystem)coreChannel Partner/ Reseller/ DistributorWasalt's PropTech platform partners with over 3,300 brokers, developers, and banks who list properties, access leads, and facilitate transactions through the platform. Strategic mortgage provider partnerships enable integrated financing solutions for buyers.
• IAM (Identity and Access Management) & AbshercoreTechnology or IntegrationWasalt integrates with Saudi government identity systems (IAM and Absher) to provide verified accounts for property buyers and sellers on the platform.
• Saudi Central Bank (SAMA)coreOthersQuara Finance is licensed and regulated by the Saudi Central Bank (SAMA) as a Shariah-compliant digital micro-lending provider.
• Capital Market Authority (CMA)coreOthersAlkhair Capital is licensed by the Capital Market Authority (CMA) in Saudi Arabia and authorized to operate within the Dubai International Financial Centre (DIFC).
• Regulatory & Institutional PartnerscoreOthersQuara Holding maintains relationships with regulatory bodies and institutional partners including: Arab National Bank, Capital Market Authority, Central Bank of Bahrain, DIFC, IFC, Irish Stock Exchange, Central Bank & Financial Services Authority of Ireland, Malaysia International Islamic Financial Center, Ministry of Housing, Nasdaq Dubai, Real Estate Development Fund, UAE Real Estate Regulatory Agency, London Stock Exchange, Saudi Arabian Monetary Authority, REGA, Infath, and Ministry of Justice.

Scale indicators25 records

Recent moves10 records

Expansion highlights6 records

Direct peers

• Emaar Properties: Dubai-listed Middle East real estate developer and the most direct comparable to Dar Al Arkan and DarGlobal in scale, brand-driven development, and international expansion of master-planned residential and mixed-use projects.
• Roshn: Saudi PIF-backed national residential developer delivering master-planned communities across KSA, directly comparable to Dar Al Arkan's domestic Saudi residential pipeline and Vision 2030-aligned housing strategy.
• Aldar Properties: Abu Dhabi-listed real estate developer with a similar mix of large-scale master-planned communities, luxury branded residences, and a growing investment management arm, directly comparable to Dar Al Arkan's domestic and DarGlobal's international strategy.
• Bayut: Major UAE-headquartered property portal (part of EMPG) with operations in Saudi Arabia, competing head-to-head with Wasalt for agent network share, listing inventory, and real estate lead generation in KSA.
• DAMAC Properties: Dubai-based luxury real estate developer known for branded residences (DAMAC Hills, Trump, Tiger Woods, Versace partnerships), directly comparable to DarGlobal's Trump, Aston Martin, Pagani, and Versace Home co-branded developments.
• Riyad Capital: Saudi CMA-licensed investment bank managing significant AUM across mutual funds, brokerage, and advisory — directly comparable to Alkhair Capital's Shariah-compliant fund management, brokerage, and advisory service lines within the same regulatory regime.
• Property Finder: Leading MENA property listings platform with significant Saudi Arabia operations, directly comparable to Wasalt in the Saudi PropTech space as both compete for agent subscriptions, developer listings, and high-intent buyer leads.

Broad incumbents

• Kingdom Holding Company: Saudi publicly-traded diversified investment conglomerate with holdings across real estate, hospitality, financial services, and technology — directly comparable as a long-tenured Saudi diversified holding model alongside Quara Holding.
• Al Rajhi Bank: Largest Islamic bank in Saudi Arabia, providing the dominant Shariah-compliant retail, mortgage (Dar Al Arkan Real Estate), and SME finance benchmarks against which SHL Finance, Quara Finance, and Alkhair Capital compete for the same Shariah-compliant wallet share.
• SEDCO Holding: Saudi privately-held diversified investment group with global holdings spanning real estate, financial services, and technology — directly comparable to Quara Holding's diversified holding structure and Shariah-aligned investment philosophy.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/quaraholding
• LinkedInlinkedin.com/company/quaraholding
• Facebookfacebook.com/quaraholding

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Quara Holding