Posted inResidentialNews

Aston Martin makes landmark entry into GCC real estate with branded residence in Ras Al Khaimah

With a GDV of $250 million and construction set to be completed in 2028, the partnership between Aston Martin and Dar Global promises to elevate luxury living in the region to new heights

Aston Martin debuts branded residences in Ras Al Khaimah through partnership with Dar Global

Dar Global and Aston Martin have joined forces to work on a luxurious beachfront residential project in Ras Al Khaimah, UAE. The partnership will have Aston Martin designing the interiors of the development, adding a touch of British ultra-luxury to the project. This collaboration showcases the coming together of two prestigious brands to create an exquisite living experience in one of the most desirable locations in the Middle East.

To be officially unveiled in May, the new development will be situated on the majestic Al Marjan Island. It is the first time Aston Martin’s internationally acclaimed design team has applied its renown to a real estate project in the GCC, building on successful brand collaborations in the United States and Japan.

To be strategically positioned in a pristine location near the highly anticipated Wynn Resort, the new residence, with interiors by Aston Martin, promises to bring the illustrious car marker’s signature blend of sophistication, elegance and high performance to the property. Providing a unique fusion of luxury living and natural coastal beauty. The accompanying private beach gives way to scenic walking tracks and lush green spaces, with the bright lights of Dubai just an hour away. 

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.

Al Marjan Island is a highly desirable destination with stunning beauty and top-notch amenities that draw in investors and residents looking for a lavish lifestyle. The upcoming branded residences, designed by Aston Martin, are set to elevate luxury living in Ras Al Khaimah to a whole new level, establishing a benchmark for excellence in the region’s real estate market.

Arch. Abdulla Al Abdouli, CEO of Marjan, says, “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, adds, “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, elaborates, “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, concludes, “As Ras Al Khaimah rightfully solidifies its destination appeal amid local and international investors, we are excited to contribute to its growth momentum alongside Dar Global, a visionary brand that is upending the global real estate market. 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.”