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Dar Al Arkan teams up with Trump Organization to develop a $4 billion resort in Oman
The project will be developed over ten years on an area of 3.5 million square meters.
Saudi Arabian real estate developer Dar Al Arkan signed an agreement with former US President Donald Trump’s company to use the Trump Brand for its $4 billion project in Oman.
The resort will have a hotel, villas, and a golf course and will be situated in the seaside location of Aida. Dar Al Arkan and the Oman Tourism Development Co will jointly develop it.
“We are always looking to enhance Dar Al Arkan’s unique projects with premium facilities and experiences. Our partnership with Trump will distinguish our first venture in Oman and put it on the global map,” said Yousef Al Shelash, chairman of Dar Al Arkan, in a company statement.
According to the filing, the project will be developed over ten years on an area of 3.5 million square meters.
“Together with Dar Al Arkan, we are going to deliver an exceptional Trump Golf resort with the finest residential villas, a world-class hotel, and an iconic golf course,” said Eric Trump, executive vice president at the Trump Organization, a collection of about 500 businesses, of which Donald Trump is the single or primary owner.
In 2017, the Trump International Golf Club Dubai was opened at DAMAC Hills.
Fast Company’s World Changing Ideas comes to the Middle East on 23 November 2022. Click here to know more.
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