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.
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