London – Dar Global, the London-listed luxury international real estate developer, has awarded the infrastructure contract for the first phase of AIDA, a landmark urban development in Oman. This milestone aligns with Dar Global’s vision to create a world-class real estate marvel, partnering with top-tier firms to deliver unparalleled luxury and value.
AIDA Project Overview
AIDA, a joint venture with Omran Group, Oman’s primary tourism development organization, encompasses luxury golf, residential, and hospitality components. Scheduled for completion in 2027, Phase 1 of AIDA is strategically situated by the sea, 130 meters above sea level, offering breathtaking views and residences that blend seamlessly with the cliffside environment.
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Contract Details
The infrastructure contract, valued at OMR 9,345,653, has been awarded to Oman Shapoorji Company LLC. This agreement covers the design and construction of essential infrastructure, including roads, water and electricity networks, utility installations, drainage, and sewage systems. Additionally, the surrounding road network within AIDA will be developed, ensuring the highest technical standards and complementing the project’s luxurious offerings.
Leadership Insight
Ziad El Chaar, CEO of Dar Global, remarked, “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.”
AIDA’s Ambitious Vision
Spanning 5 million square meters and located just 10 minutes from Downtown Muscat, AIDA aims to set new standards in architectural excellence, environmental sustainability, and bespoke living. The development will offer exclusive amenities, including immersive experiences, luxury residences, hospitality options, recreational facilities, outdoor landscapes, and fine dining.
Conclusion
The awarding of the infrastructure contract for AIDA’s first phase signifies a crucial step in the development of this landmark project, promising to redefine luxury and innovation in Oman’s real estate and tourism sectors.
