Dar Global Awards AED 201M Main Works Contract for ‘The Astera, Interiors by Aston Martin’ to Gulf Asia Contracting
Wednesday, 16 July 2025
Dar Global has appointed Gulf Asia Contracting LLC as the main contractor for ‘The Astera, Interiors by Aston Martin,’ a landmark AED 900 million luxury project on Al Marjan Island, Ras Al Khaimah. The AED 201.46 million contract marks the official start of full-scale construction.
Key Highlights:
- Main Contractor Appointed: Gulf Asia Contracting LLC awarded AED 201,462,000 main works contract.
- Project Overview: ‘The Astera’ is a luxury development featuring interiors by Aston Martin, marking the brand’s first real estate interiors project in the Middle East.
- Location: Strategically located on Al Marjan Island, Ras Al Khaimah, with sea views.
- Project Value: Gross Development Value of AED 900 million (approx. £200 million).
- Scope of Works: GAC will manage entire construction, from superstructure to high-end finishes.
- Construction Progress: Main works commence after successful completion of shoring, excavation, and piling by Stromek Emirates Foundations.
- Developer Profile: Dar Global is a London-listed luxury developer with presence in 14 cities across 9 countries.
- Brand Collaborations: Dar Global partners with top-tier brands including Aston Martin, Lamborghini, ELIE SAAB, Fendi, Trump Organization, and more.
- Strategic Vision: Combines iconic British design with regional expertise to create a landmark lifestyle destination on the Arabian Sea.
