Offering.
Dar Global, a London-listed luxury international real estate developer, has unveiled The Astera, an exclusive beachfront residential development located on Al Marjan Island in Ras Al Khaimah, UAE. This AED 900 million project represents Aston Martin’s inaugural real estate venture in the Middle East, following the success of their residences in Miami and other high-profile collaborations in the US and Japan.
Prime Location and Connectivity
The Astera is ideally positioned on Al Marjan Island, a premier lifestyle destination in Ras Al Khaimah, offering white-sand beaches, luxurious residential, hospitality, and leisure facilities. The development spans across 2.7 million square meters and comprises four islands. It is strategically located just 60 minutes from Dubai, providing easy access to the city while enjoying the tranquility of island life. The area boasts a tax-free environment with 0% property tax and 0% income tax, and allows 100% business ownership, making it an attractive investment opportunity.
Luxurious Residences
The Astera offers a range of opulent living spaces, featuring interiors designed by Aston Martin, known for their sophisticated style and high-performance precision. The residences include:
- 1-bedroom Beach Residences (63 sqm – 120 sqm)
- 2-bedroom Beach Residences (91 sqm – 182 sqm)
- 3-bedroom Beach Residences (227 sqm – 253 sqm)
- 3-bedroom Beach Villas (228 sqm – 267 sqm)
These residences and villas are designed with a modern aesthetic, characterized by spacious living areas with 3-meter floor-to-ceiling heights, and are sold unfurnished, allowing for personalized interior décor.
Amenities and Facilities
The development is replete with a plethora of world-class amenities designed to offer a luxurious lifestyle:
- Private beach access
- Infinity pool and pool bar
- Yoga lawn and fitness center
- Spa and kids play area
- Indoor cinema and multipurpose hall
- Green spaces and walk tracks
- 24/7 security
Residents will also benefit from convenient parking arrangements, with designated spaces for each residence type.
Proximity to Landmarks
The Astera is surrounded by several key landmarks and attractions, all within a short distance:
- 3 minutes to Al Marjan Island Resort & Spa
- 4 minutes to Al Marjan Island Beach Club
- 5 minutes to Al Marjan Island Amphitheater
- 5 minutes to Wynn Resorts, Al Marjan Island
- 6 minutes to DoubleTree by Hilton Resort & Spa Marjan Island
- 6 minutes to Al Marjan Island Boulevard and Promenade
- 7 minutes to Marjan Beach
- 27 minutes to The Ritz-Carlton Ras Al Khaimah, Al Hamra Beach
Investment and Financial Details
The starting prices for these luxury residences are:
- 1-bedroom Beach Residences: AED 1,743,934
- 2-bedroom Beach Residences: AED 2,511,434
- 3-bedroom Beach Residences: AED 6,273,551
- 3-bedroom Beach Villas: AED 8,100,213
The project is expected to be completed by December 2028, with estimated service charges ranging from AED 16 to 17 per square foot. A 4% registration fee is due upon completion, and a 30% resale fee applies.
The Astera promises to set a new benchmark for luxury living in Ras Al Khaimah, blending the elegance and precision of Aston Martin's design with the serene and opulent lifestyle offered by Al Marjan Island. This development is poised to become a coveted address for discerning buyers seeking unparalleled luxury and a sound investment opportunity in the UAE.