Trump Organization and Dar Global Collaborate on Landmark Luxury Tower in Dubai
In an attempt to consolidate its regional operating as a real estate business, the Trump Organization has allied itself with the Saudi based Dar Global and establish a luxurious residential tower in Dubai. This heralds the interest that continues to prevail when it comes to the Dubai real estate market especially in the luxury segment.
Key Highlights of the Project:
- Location: Dubai, UAE
- Partners: Trump Organization and Dar Global
- Project: A luxury high-rise residential tower
- Aim: To bring the Trump standard of luxury and exclusivity to Dubai
Eric Trump the Executive Vice President of Trump Organisation could not hide the passion he had for the new venture noting that the Trump Organisation plans to provide unmatched luxury and innovation in the Middle Eastern city of Dubai. Speaking about the project, the CEO of Dar Global Ziad El Chaar also highlighted the importance of such project in reshaping the luxury real estate market in UAE.
Dar Global’s Influence and Reach:
Dar Global is a company from Saudi Arabia, the owner of which is Dar Al Arkan, and it has a vast accurate of elite real estates successfully implemented in UAE, Oman, Qatar, United Kingdom, Spain and Bosnia. It is the firm has partnered with some of the upper echelons’ velikovaty suppliers such as Versace, Missoni, Pagani Automobili and now Trump Organisation.
Dubai’s Luxury Real Estate Market:
Dar Global is a company from Saudi Arabia, the owner of which is Dar Al Arkan, and it has a vast accurate of elite real estates successfully implemented in UAE, Oman, Qatar, United Kingdom, Spain and Bosnia. It is the firm has partnered with some of the upper echelons’ velikovaty suppliers such as Versace, Missoni, Pagani Automobili and now Trump Organisation.
The deal is particularly timely because Dubai is witnessing a growth of the luxury real estate market. Knight Frank says that the city sold $1. 7 billion of luxury houses during the first three months of the year 2024 with a noted improvement in the volume of sales in houses worth over $10m. This is in line with the expansion of high-end luxury branded residences in Dubai targeting the new found international HNWI market.
The new Trump tower is planned on fulfilling this requirement by availing quality facilities and the glamour of being associated with Trump brand. The project is located in Dubai that means the view which can be seen from the tops of this facility will be stunning and the equipment provided will be quite modern so the facility is suitable for ambitious buyers.
This venture by the Trump Organization with Dar Global is likely to bring about a large measurement on the luxury real estate business in Dubai while underlining the city’s role as a global city of prestige.
This project is a perfect example of a relationship between global luxury brands and the Middle Eastern market of real estate that is in a constant state of development and the opportunity to offer residents an unsurpassed quality of life in one of the most vibrant cities in the world.