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DAR GLOBAL ANNOUNCES PARTNERSHIP WITH ASTON MARTIN TO DELIVER STUNNING BEACHFRONT RESIDENCES IN RAS AL KHAIMAH, UNITED ARAB EMIRATES

Partnership will be Aston Martin’s first real estate collaboration in the Gulf Cooperation Council (‘GCC’) Iconic British marque’s design team to create ultra-luxury interiors for a new, exquisite beachfront development on Al Marjan Island, Ras Al Khaimah Agreement further outlines Al Marjan Island’

London-listed luxury international real estate developer, Dar Global, has revealed an exciting collaboration with Aston Martin, the British ultra-luxury marque. This partnership will see Aston Martin's renowned design team crafting interiors for an exquisite beachfront residential development in Ras Al Khaimah, United Arab Emirates.

Set to be officially introduced in May, the new development will grace the majestic Al Marjan Island, marking Aston Martin's first foray into real estate projects in the GCC region. Leveraging its acclaimed design prowess, the iconic car brand aims to infuse the property with its signature sophistication, elegance, and high-performance ethos.

Positioned strategically near the highly anticipated Wynn Resort, the residence with interiors by Aston Martin promises a unique blend of luxury living and natural coastal beauty. Residents will enjoy access to a private beach, scenic walking tracks, and lush green spaces, all within an hour's reach of the vibrant city of Dubai.

With an estimated Gross Development Value (GDV) of approximately US$250 million, the project is slated for official unveiling in May 2024, with construction scheduled for completion by 2028. The development is a joint venture between Dar Global and Aarvees Group, further solidifying Ras Al Khaimah's status as a premier real estate destination.

Arch. Abdulla Al Abdouli, CEO of Marjan, expressed enthusiasm about the partnership, stating, "The introduction of a residence with interiors by Aston Martin on Al Marjan Island further enhances the appeal of our premier destination. This partnership reflects our commitment to delivering unparalleled experiences and reinforces Ras Al Khaimah's position as a leading real estate hub in the region."

Stefano Saporetti, Director of Brand Diversification at Aston Martin, echoed this sentiment, saying, "Marking Aston Martin’s very first real estate collaboration in the GCC, we are incredibly proud to have the opportunity to design ultra-luxury interiors for what we believe will be an unparalleled development in the emerging luxury destination of Al Marjan Island."

Ziad El Chaar, CEO of Dar Global, emphasized the significance of the collaboration, stating, "Our collaboration with Aston Martin marks a significant milestone for Dar Global as we expand our footprint into Ras Al Khaimah. With a track record of delivering iconic properties, we are committed to setting new standards of luxury living in this vibrant emirate."

Rajat Verma, President of Aarvees Group, added, "With our joint expertise in luxury developments, we look forward to delivering a truly splendid lifestyle for our valued customers with this new project on Al Marjan Island."

As anticipation builds for the unveiling of this prestigious collaboration between Aston Martin and Dar Global, stay tuned for further updates on this remarkable residential projects.

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