- With the completion of the grading and access package, Dar
Global propels AIDA Phase 1 with infrastructure contract award to
Oman Shapoorji Company LLC, advancing luxury living in
Oman's premier urban
development
DUBAI, UAE, June 24,
2024 /PRNewswire/ -- Dar Global, the
London-listed luxury international
real estate developer, is pleased to announce the awarding of the
infrastructure contract for the first phase of AIDA, a landmark
urban development in Oman. This
milestone underscores Dar Global's vision to create a world-class
real estate marvel in Oman,
working with best-in-class partners to deliver unmatched luxury and
value.
AIDA, a joint venture with Omran Group, Oman's primary organisation for tourism
development, integrates luxury golf, residential, and hospitality
components. Set for Phase 1 completion in 2027, AIDA is
strategically located by the sea and 130 metres above sea level,
offering unparalleled sea views and residences that harmonise with
the cliffside environment.
The infrastructure work for AIDA's first phase has been awarded
to Oman Shapoorji Company LLC. The contract, valued at OMR 9,345,653,entails designing and constructing
essential infrastructure, including roads, water, and electricity
networks, utility installations, drainage, and sewage systems as
well as developing the surrounding road network within AIDA. These
efforts ensure the highest technical standards, seamlessly
complementing AIDA's luxurious offerings and supporting its
residential and commercial phases.
Ziad El Chaar, CEO of Dar
Global, said: "Announcing the infrastructure contract
marks a significant step towards realizing our ambitious
vision for AIDA. We are excited to reach these pivotal stages of
the project, which exemplifies our unwavering commitment to
elevating Oman's tourism and real
estate sectors. This contract strategically strengthens our
portfolio of luxury developments in prime global locations. AIDA
will set new benchmarks for luxury and innovation, reinforcing
Oman's position on the global
stage".
Spanning 5 million square metres and situated just 10 minutes
from Downtown Muscat, AIDA aims to
redefine standards in architectural excellence, environmental
sustainability, and bespoke living.
Residents and visitors of AIDA will enjoy exclusive amenities,
including immersive experiences, enchanting residences, hospitality
offerings, recreational facilities, spectacular outdoor landscapes,
and exquisite dining options.
To register your interest in AIDA, visit:
https://darglobal.co.uk/aida
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SOURCE Dar Global