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Dar Global partners with Aston Martin for opulent beachfront residences in Ras Al Khaimah, UAE

Dar Global, a London-listed luxury international real estate developer, has unveiled a groundbreaking partnership with Aston Martin to create ultra-luxury interiors for a stunning beachfront residential development in Ras Al Khaimah, United Arab Emirates. This collaboration marks Aston Martin's inaugural foray into real estate within the Gulf Cooperation Council (GCC) region, highlighting the brand's expansion into new territories beyond its traditional automotive domain.

Set to be officially revealed in May, the new development will grace the picturesque Al Marjan Island, offering residents a unique blend of opulence and coastal splendor. With Aston Martin's renowned design team at the helm, the interiors of these residences promise to embody the brand's signature sophistication, elegance, and high-performance ethos.

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Strategically positioned near the eagerly anticipated Wynn Resort, the residences will epitomize luxury living, with bespoke interiors crafted by Aston Martin. The project aims to redefine the concept of premium living in Ras Al Khaimah, seamlessly blending exquisite design with the natural beauty of the surrounding coastline.

With an estimated Gross Development Value (GDV) of approximately US$250 million, the project is slated for completion in 2028 and is being developed in collaboration with Aarvees Group. Leveraging the island's exceptional natural beauty and world-class amenities, the development underscores Al Marjan Island's status as a premier luxury destination.

Arch. Abdulla Al Abdouli, CEO of Marjan, emphasized the significance of this partnership in enhancing the allure of Al Marjan Island as a top-tier destination. He highlighted the commitment to delivering unparalleled experiences and solidifying Ras Al Khaimah's position as a leading real estate hub in the region.

Stefano Saporetti, Director of Brand Diversification at Aston Martin, expressed pride in the collaboration, citing the shared values of craftsmanship, innovation, and cutting-edge design. He hailed the project as Aston Martin's first real estate endeavor in the GCC, marking a significant milestone for the brand's expansion into luxury lifestyle ventures.

Ziad El Chaar, CEO of Dar Global, emphasized the company's dedication to setting new standards of luxury living in Ras Al Khaimah. With a track record of delivering iconic properties, Dar Global aims to elevate the real estate landscape in the vibrant emirate.

Rajat Verma, President of Aarvees Group, underscored the collective effort to contribute to Ras Al Khaimah's growth momentum. With a focus on luxury developments, the collaboration aims to deliver an unparalleled lifestyle experience for discerning customers on Al Marjan Island.

As the project unfolds, stakeholders can anticipate further updates on this prestigious collaboration between Aston Martin and Dar Global, promising an extraordinary residential offering that epitomizes luxury and sophistication.

For media inquiries, please contact:

Dar Global
Lea Halwani
lhalwani@darglobal.co.uk

Powerscourt
Justin Griffiths/ Louisa Henry
darglobal@powerscourt-group.com

April 23, 2024 12:34 p.m. 5222

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