Dar Global + Aston Martin launch AED 900 mn RAK project: Dubai-based developer Dar Global is launching a new AED 900 mn luxury residential development in Ras Al Khaimah, named The Astera, according to a press release. The beachfront project will feature interiors designed by British luxury carmaker Aston Martin. The Astera will be located on Al Marjan Island and will offer one, two, and three-bedroom apartments as well as three-bedroom villas.

The details: The Astera, first announced by Dar Global in April, is slated for completion by December 2028 and will be developed in collaboration with Dubai-based developer Aarvees Group. The project will feature a private beach, an infinity pool, an indoor cinema, and a fitness center, among other amenities.

The project marks Aston Martin’s foray into the real estate market in the Middle East, and “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,” Stefano Saporetti, director of brand diversification at Aston Martin, said.

REMEMBER- Ras Al Khaimah has been getting increased interest from investors. High-end hotels and casinos developer Wynn Resorts announced earlier its plans to develop a USD 3.9 bn integrated resort in Ras Al Khaimah, which will include gaming areas. The project will be the first integrated gaming resort in the MENA region, and is slated for handover in 2027. The emirate plans to triple the number of tourists who visit per year and double the number of rooms available by 2030.

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