Dolce & Gabbana has partnered with Dar Global to develop a luxury hotel in the Maldives.
Dar Global is the international arm of Saudi property developer Dar Al Arkan. The company was recently listed on the London Stock Exchange with a valuation of $600 million. Dar Global is also behind projects such as Les Vagues by Elie Saab, a seafront residential development in Qatar, Urban Oasis by Missoni Home in Dubai and Upside Living Villas in Riyadh.
“We are thrilled to bring the world-renowned Made in Italy brand ambassador, Dolce & Gabbana, into the world of real estate and hospitality. Our partnership represents a unique interpretation of the brand’s Italian spirit and reinforces our commitment to delivering exceptional living experiences and investment opportunities to our clients,” Dar Global’s CEO Ziad El Chaar told Arab News.
“We are confident that this partnership will be a great success, and we look forward to working with Dolce & Gabbana to bring their vision to life.”
The details of the project and the estimated completion date are yet to be announced.
The new project represent Dolce & Gabbana’s real estate debut, following in the footsteps of other luxury fashion brands such as Giorgio Armani and Bulgari.
The fashion brand also announced residential projects in Miami and Marbella, Spain.