The luxury Italian label, Dolce & Gabbana announces its team-up with Saudi property developer Dar Global for real estate debut, and reveals new luxury hotel in the Maldives.
This makes the latest fashion house to enter the world of real estate.
The Italian brand partnered with Dar Global, the international arm of Saudi property developer Dar Al Arkan, for the project. The project is still in early stages with an estimated completion date yet to be announced.
“We are thrilled to bring the world-renowned made-in-Italy brand ambassador, Dolce & Gabbana, into the world of real estate and hospitality,” Ziad El Chaar, the Chief Executive of Dar Global said.
Dolce & Gabbana’s partner for the initiative, 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, with interiors by Versace.
In addition to the revelation of a property in the Maldives, the premium Italian brand announced residential projects in Miami, US, and Marbella, Spain.
Dolce & Gabbana’s real estate plans follows in the footsteps of other luxury players such as Giorgio Armani and Bulgari, the latter having already unveiled a Maldivian property.