The Astera, Interiors by Aston Martin: A New Benchmark in Luxury Living in Ras AL KHAIMAH
Dar Global announced the launch of The Astera, Interiors by Aston Martin.
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Dar Global, a London-listed luxury real estate developer, has unveiled The Astera, Interiors by Aston Martin residences, a new branded residential project in Ras Al Khaimah.
This ultra-luxury beachfront development, valued at AED900 million, is situated on Al Marjan Island and marks Aston Martin‘s debut in applying its internationally acclaimed design expertise to a Middle Eastern real estate project. This follows the successful launch of the Aston Martin Residences in Miami and other design partnerships in the United States and Japan.
Located near the awaited Wynn Resort, The Astera, Interiors by Aston Martin integrates carmaker’s hallmark design and high-performance precision expertise into the property’s interiors. Scheduled for completion by December 2028, the waterfront development will feature a private beach and offer a variety of residential options, including sizable one, two, and three-bedroom apartments, as well as three-bedroom villas.
Ziad El Chaar, CEO of Dar Global, expressed enthusiasm about the launch, saying: “The launch of this much-awaited residential property, The Astera, Interiors by Aston Martin, on Al Marjan Island, furthers our brand vision to curate breathtaking living experience for our exclusive clientele.”
“Combining this iconic British marque’s heritage, innovation and design mastery with Dar Global’s expertise in providing exceptional investment opportunities through luxury homes for global citizens demonstrates yet another illustrious chapter in our trajectory to success,” he added.
Stefano Saporetti, Director of Brand Diversification at Aston Martin, said, “The Astera, Interiors by Aston Martin celebrates our partnership with Dar Global, bringing together two ultra-luxury lifestyle organizations 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 Middle East, we are incredibly excited by the emerging luxury destination of Al Marjan Island. The Astera, Interiors by Aston Martin provides an opportunity for our talented designers to help shape the interiors of an unparalleled development in the region, further elevating Aston Martin’s brand and applying it to a beachfront lifestyle environment.,” he added.
Residents of The Astera, Interiors by Aston Martin will enjoy a host of world-class amenities, including access to a private beach, an infinity pool with stunning ocean views, a scenic walk track, communal spaces, an indoor cinema, a fitness center, a children’s play area, a spa, a yoga lawn, and a multipurpose hall.
Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’
Americans now think they need at least $1.25 million for retirement, a 20% increase from a year ago, according to a survey by Northwestern Mutual
A bold new corporate restructure to achieve its ambitious $27 billion portfolio goal
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Omniyat, a distinguished name in Dubai’s ultra-luxury real estate sector, has embarked on a transformative journey by unveiling a new corporate structure under the newly formed Omniyat Group. This strategic move aims to unify and drive success across its various branded companies, setting an ambitious target of a AED100 billion ($27 billion) total group portfolio over the next five years.
This announcement signifies a pivotal moment for Omniyat Group, reaffirming its dedication to reshaping the real estate landscape not only in Dubai but across the broader region. As part of its growth strategy, Omniyat plans to significantly expand its footprint in the ultra-luxury real estate segment, aiming for a total portfolio value of AED50 billion.
Established in 2005 by Executive Chairman Mahdi Amjad, Omniyat was conceived with the vision of revolutionizing the Dubai property market through the creation of unique living experiences. The company has consistently elevated the standards in real estate, driven by a policy of strategic diversification that has enabled it to explore various market segments.
In line with this strategy, Omniyat Group is set to announce a new real estate company in Q3 2024. This new venture will be part of a commitment to invest AED50 billion in new real estate divisions targeting multiple market segments. This initiative underscores Omniyat’s ongoing commitment to understanding market demands and delivering on its bold vision to be “the best in class, in every class.”
By continuously evolving and adapting to market needs, Omniyat Group stands poised to lead the future of real estate in the region, setting new benchmarks in luxury and innovation.
Commenting on the launch, Amjad said: “Nineteen years ago, I founded Omniyat with a clear mission to achieve the unprecedented in Dubai’s real estate sector. A city of superlatives, Dubai is globally renowned for its remarkable story of progress and achievement, and we wanted to bring iconic projects to Dubai’s skyline that stood apart for their design, innovation, and artistry.”
“Encouraged by the UAE’s robust growth and long-term vision and inspired by the success of our ultra-luxury brand, I am establishing Omniyat Group to invest in other brands and companies to address different segments of the UAE’s strong growing real estate market with an uncompromising principle of ‘Best in class, in every class’ we address.”
“Today, Omniyat Group has been announced to drive forward our mission to elevate the people at the heart of our business and contribute to a better life and environment for all stakeholders, employees, clients, and their loved ones,” he stated.
“Guided by an unwavering commitment to excellence, we will continuously strive to raise standards and curate experiences that make life better, in every sector we engage in,” he added.
Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’
Americans now think they need at least $1.25 million for retirement, a 20% increase from a year ago, according to a survey by Northwestern Mutual
