LONDON - Dar Global plc, a London-listed luxury real estate developer, has unveiled a series of high-profile projects totaling over US$1.9 billion in value in 2024, marking a significant year for the company. These developments span several countries, including Saudi Arabia, the UAE, Qatar, Oman, and Spain, enhancing Dar Global's presence in the luxury real estate market.
The company's notable projects from the past year feature collaborations with renowned brands and designers. Among these is the Trump Jeddah Tower in Saudi Arabia, valued at US$530 million, which promises to be a striking addition to Jeddah's skyline, offering luxury apartments and an exclusive club. In Riyadh, the Neptune by Mouawad development consists of 200 premium villas with a US$230 million price tag.
In the UAE, Dar Global introduced The Astera on Al Marjan Island, showcasing Aston Martin-designed interiors, including a US$11 million Sky Villa. Spain's addition is the Marea Interiors by Missoni, a US$108 million gated community in Finca Cortesin, infusing luxury living with Missoni's signature design.
Qatar's The Weekend 2 by Elie Saab, a US$75 million project on Qetifan Island North, offers luxury residences with premier amenities. Oman's portfolio is expanded with The Great Escape 2 and the Marriott Residences in Aida, Muscat, as well as the Trump International Hotel & Trump Cliff Villas, a mixed-use development valued at US$495 million. The Trump Golf Villas, located above the Muscat Riviera, represent a US$40 million investment in luxury living with panoramic views.
Ziad El Chaar, CEO of Dar Global, expressed the company's dedication to delivering high-end properties in desirable locations, catering to the evolving demands of global investors. Dar Global is also planning to extend its reach to the United States, aiming to collaborate with leading developers to create luxury residences for both US and international buyers.
Since its inception in 2017 and its subsequent listing on the London Stock Exchange (LON:LSEG) in 2023, Dar Global has been recognized for its innovative designs and strategic partnerships. The company has a diverse clientele from over 100 nationalities, positioning itself as a key player in the global luxury real estate market. This information is based on a press release statement by Dar Global.
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