Dar Global Unveils Luxury Real Estate Projects Worth Over $1.9 Billion for 2024 Expansion

Dar Global Unveils $1.9 Billion Luxury Real Estate Projects in 2024

Dar Global, a prestigious luxury real estate developer listed on the London Stock Exchange, has announced a remarkable portfolio of ten iconic projects for 2024, valued at over $1.9 billion. With development sites scattered across Saudi Arabia, the United Arab Emirates, Qatar, Oman, and Spain, this strategic push signifies Dar Global's ambition to reshape the luxury real estate landscape on a global scale.

The lineup includes high-profile collaborations with the Trump Organization. Among the highlights is the Trump Tower in Jeddah, valued at $530 million, which promises to become one of the tallest monuments in the city, featuring luxury apartments and an exclusive members-only club. In Riyadh, close to the anticipated Expo 2030 site, the Neptune by Mouawad project is slated for $230 million, offering 200 premium villas designed to attract affluent investors.

In the UAE, the prestigious Astera project on Al Marjan Island, worth $238 million, boasts interiors envisioned by Aston Martin. The development includes an exclusive Sky Villa priced at $11 million, catering to ultra-high-net-worth individuals. In Spain, the Marea Interiors by Missoni community in Finca Cortesin stands at $108 million, merging luxurious living with Missoni’s iconic design philosophy.

In Qatar, the Weekend 2 project from renowned designer Elie Saab, valued at $75 million, is located on Qetifan Island and combines luxury living with top-notch recreational amenities. Meanwhile, Oman features projects like The Great Escape 2, a $70 million residential complex in Aida, Muscat, alongside the Marriott Residences priced at $100 million offering exclusive waterfront properties.

The collaborative effort includes the Trump International Hotel and Trump Cliff Villas, a premier mixed-use development covering 3.5 million square meters, valued at approximately $495 million. Additionally, Trump Golf Villas, perched 130 meters above the Muscat Riviera, is set at $40 million, offering breathtaking views and unparalleled luxury.

Ziad El Chaar, CEO of Dar Global, remarked, “Our recent launches underscore our unwavering commitment to delivering top-tier luxury properties in some of the world's most sought-after destinations. These projects demonstrate our ability to anticipate and meet the changing demands of global investors, presenting unparalleled investment and lifestyle opportunities.”

As Dar Global looks to the future, plans for expansion into the U.S. market are underway. The company aims to collaborate with top-tier developers in key international cities to create luxurious residences for both American and international buyers, signaling a new chapter in their growth strategy.

In summary, Dar Global's ambitious projects set to launch in 2024 not only reinforce their position as a leader in the luxury real estate market but also indicate a strategic expansion into new territories, with a strong emphasis on innovative partnerships and high-quality living experiences. The global luxury real estate landscape is poised for transformation as Dar Global continues to make significant investments and developments.