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Contracts awarded for construction of AIDA Phase 1

Dar Global, the London-listed luxury international real estate developer, is excited to announce the awarding of the main works construction contract for the villas in 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 main works construction contract for Phase 1 villas has been awarded to Towell Construction & Co LLC, with a contract value of RO 14,242,810. Towell Construction will oversee the construction of the townhouses and villas, ensuring meticulous attention to detail and adherence to optimal quality standards.

On the other hand, the infrastructure work for AIDA’s first phase has been awarded to Oman Shapoorji Company LLC. The contract, valued at RO 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, commented: “The villas will epitomize luxury and exclusivity, featuring modern designs and premium finishes that seamlessly complement AIDA’s unique natural surroundings and topography. This contract marks a major leap forward in our mission to provide a world-class living experience in AIDA, reflecting our steadfast commitment to enhancing Oman’s residential offerings and strengthening our portfolio of luxury developments in key global locations.”

He added, “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. Featuring opulent mansions, limited-edition villas, and sophisticated apartments, the project will elevate Oman’s global standing as a premier tourist, residential, and investment destination.

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