Casablanca Stock Exchange, Real estate

Résidences Dar Saada

Moroccan property developer focused on social and mid-market housing.

At a glance

Résidences Dar Saada builds social and mid-market housing. It takes part in Casablanca’s rehousing programme and holds a land bank of about 1,160 hectares.

History

Résidences Dar Saada was founded in 2001 and has been listed on the Casablanca Stock Exchange since 2014. It mainly builds social and mid-market housing complexes, designed as complete neighbourhoods.

Latest published results

In the first half of 2026, consolidated revenue rose 29% to MAD 209 million. Operating income fell to MAD 24 million while completed projects await handover. Consolidated net income reached MAD 20 million, versus MAD 6 million. Pre-sales totalled 16,168 homes, thanks to the agreements signed in Marrakech.

What to watch

First deliveries under the Casablanca rehousing programme, expected in the second half of 2026, and MAD 7.5 billion of pre-sold revenue to be booked over three years.

Key dates

  1. 2001

    Company founded.

  2. 2014

    First listing on the Casablanca Stock Exchange.

  3. 2026

    Two agreements signed in February with Al Omrane Marrakech for 15,423 homes worth about MAD 3.8 billion.

Sources: Boursenews, Résidences Dar Saada : résultats du premier semestre 2026, September 30, 2026; African Markets, fiche société Résidences Dar Saada, October 29, 2026.

Profile updated on October 29, 2026.

General information only. Nothing on this site constitutes investment advice or a recommendation to buy or sell.