Dar Global, the London-listed luxury international real estate developer, inked a new partnership with Aston Martin, which will see the British ultra-luxury car marker craft interiors for a beachfront residential development in Ras Al Khaimah, UAE.
To be officially unveiled in May, the new development will be situated on Al Marjan Island. It is the first time Aston Martin will collaborate with a real estate project in the GCC, building on brand collaborations in the US and Japan.
To be located near the Wynn Resort, the new residence, with interiors by Aston Martin, is accompanied by a private beach that gives way to walking tracks and green spaces.
With a GDV of approximately $250 million, the project is expected to be officially unveiled in May 2024 with construction due to be completed in 2028, in joint development with Aarvees Group.
Abdulla Al Abdouli, CEO of Marjan, commented: "The introduction of a residence with interiors by Aston Martin on Al Marjan Island further enhances the appeal of our premier destination."
Stefano Saporetti, Director of Brand Diversification at Aston Martin, commented: “The partnership between Aston Martin and Dar Global brings together two ultra-luxury lifestyle organisations with a shared passion for combining traditional craftsmanship with innovation and cutting-edge design.
"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, commented: "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.’’
