Latest news with #DarGlobal
Associated Press
4 days ago
- Business
- Associated Press
Enrica Petrongari Becomes First American Broker to Represent Dar Global's Trump Hotel Residences in Dubai
Enrica Petrongari expands her luxury real estate portfolio by representing Dar Global's Trump Hotel Residences Dubai to attract American buyers. United States, May 27, 2025 -- Expanding Horizons: Enrica Petrongari Bridges NYC Luxury Market with Dubai Real Estate Enrica Petrongari, a seasoned real estate professional, has made a significant stride in the realm of international luxury real estate. She becomes the first American broker to represent Dar Global in the promotion and sale of residences at the Trump Hotel Residences Dubai. This development marks a critical juncture in global property investment, providing new access points for American buyers seeking premium international real estate assets. With an established reputation for handling high-profile luxury properties in New York City, Petrongari's expansion into Dubai reflects an increasing demand for diversified investment portfolios among U.S.-based investors. Her role as a broker for this landmark project not only signals a transatlantic real estate connection but also positions her as a gateway for U.S. capital into the Gulf region's property market. A Transatlantic Strategy for Global Investment Dar Global, the international sales arm of Dar Al Arkan, is recognized for its iconic developments in the Middle East. Their selection of Enrica Petrongari as their first American sales broker for the Trump Hotel Residences in Dubai underscores her deep ties with international investors and her strategic insight into affluent real estate markets. The Trump Hotel Residences, located within the 18-hole Trump International Golf Club community, are noted for combining the Trump brand's global prestige with the robust economic and real estate growth of Dubai. With interiors by Versace Home and panoramic golf course views, the project speaks directly to investors seeking a blend of lifestyle, luxury, and long-term value. Petrongari's collaboration with Dar Global is founded on leveraging her extensive network, which includes American entrepreneurs, tech founders, and entertainment industry leaders. This partnership is designed to bridge the investment gap between the established New York City market and the rising demand for elite properties in the UAE. Educating the U.S. Market on Dubai's Potential In her new capacity, Petrongari is focused on educating American buyers on the strategic advantages of investing in Dubai. Among these are the absence of property taxes, high rental yields, investor-friendly policies, and a stable political climate. 'Dubai represents one of the most promising markets for international real estate investment,' says Enrica Petrongari. 'By representing the Trump Hotel Residences, I'm able to connect American investors with a prestigious project that complements their existing portfolios and offers strong potential returns.' Through tailored consultations and one-on-one engagement, Petrongari ensures that her clients receive comprehensive insights into Dubai's evolving property landscape. Her approach is rooted in transparency, discretion, and a meticulous evaluation of market trends. A New Era of Real Estate Collaboration This milestone appointment is emblematic of broader changes in global investment behavior, where American investors increasingly look beyond traditional markets. The representation of Trump Hotel Residences by an American broker opens up new channels of trust and accessibility for cross-border investments. Petrongari's involvement offers a localized point of contact for U.S. investors who may be unfamiliar with Dubai's regulatory environment or purchasing protocols. Her deep knowledge of luxury client expectations allows her to act not only as a broker but as a strategic advisor, ensuring seamless investment experiences. By aligning with Dar Global, Petrongari affirms her commitment to sourcing valuable international opportunities while maintaining her core focus on luxury sales in New York City. This evolution of her services reflects a broader trend in real estate: cross-continental partnerships that align high-net-worth individuals with compelling global assets. About Invest NYC Houses Invest NYC Houses is a boutique real estate firm specializing in luxury residential and investment properties in New York City. The company caters to a global clientele, including high-net-worth individuals, international buyers, and institutional investors. With a commitment to discretion, transparency, and personalized service, it offers a curated portfolio of exclusive listings, including off-market opportunities and cross-border investment options. Its latest partnership with Dar Global marks a significant expansion into the Dubai real estate market. Media Contact: Enrica Petrongari Real Estate Salesperson, Phone: +1-646-922-2089 Email: [email protected] Business: Invest NYC Houses Contact Info: Name: Enrica Petrongari Email: Send Email Organization: Enrica Petrongari Website: Release ID: 89161003 In the event of detecting errors, concerns, or irregularities in the content shared in this press release that require attention or if there is a need for a press release takedown, we kindly request that you inform us promptly by contacting [email protected] (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). Our dedicated team will promptly address your feedback within 8 hours and take necessary actions to resolve any identified issues diligently or guide you through the removal process. Providing accurate and dependable information is our utmost priority.
Newsweek
24-05-2025
- Business
- Newsweek
Images Show Trump Tower Saudi Arabia Planned for 2029
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. The Trump Organization is pushing for a new tower in Saudi Arabia, the latest of its major investments in the Middle East. Conceptual images of the tower, which would be built in the western coastal city of Jeddah, show a heavily stylized seafront hotel, though work has yet to start on construction. Newsweek contacted the Trump Organization for more information on the project via email. The Context The Trump Organization is investing heavily in Middle Eastern construction over the next decade, with major construction projects in Saudi Arabia and the UAE. By 2031, the company hopes that three new towers will be operating in the region, which is billing itself as a new hub for tourism and international investment. What To Know T Trump Tower Jeddah will sit on the Jeddah Corniche in Saudi Arabia, a prime area in the city that is located close to the King Abdulaziz International Airport. Dar Global, the same team that is managing the design of the Trump tower in Dubai, said that the tower will have 47 floors, with a price tag of $530 million. Renderings of the exterior of Trump Tower Jeddah, on the Corniche in Saudi Arabia. Renderings of the exterior of Trump Tower Jeddah, on the Corniche in Saudi Arabia. Dar Global While constructors hope that the building will be fully raised by 2029, four years is a tight timeline for a project of this size. Conceptual images of the exterior and interior of the tower show that the design will be very similar to what the tower in Dubai is to look like, using the same white-gold color scheme. Both structures draw from the Trump Organization's reputation for opulence and luxury, with a private club, pool, gym, and yoga area included for guest use. An interior room rendering overlooking the Red Sea in Trump Tower Jeddah. An interior room rendering overlooking the Red Sea in Trump Tower Jeddah. Dar Global Dar Global describes the project as highly luxurious on its website, saying: "Located along Jeddah's picturesque Red Sea coastline, Trump Tower Jeddah offers breathtaking sea views and proximity to the city's top landmarks. "With easy access to the marina, Formula 1 racetrack, and iconic fountain, it's a location that seamlessly combines coastal beauty with urban convenience." An interior room rendering overlooking the Red Sea in Trump Tower Jeddah. An interior room rendering overlooking the Red Sea in Trump Tower Jeddah. Getty Images What People Are Saying In a statement seen by Newsweek, Dar Global said: "Targeting the luxury Saudi Arabian market and international investors, this development significantly advances Dar Global's growth strategy of capitalizing on opportunities across key cities in the Kingdom. Eric Trump, who manages the Trump Organization with his brother Donald Jr., said in December: "This collaboration embodies our shared vision of creating landmark developments that exude luxury, quality, and sophistication. Together with Dar Global, we are setting new benchmarks for excellence, aiming to meet the demand for iconic properties in key markets." What Happens Next Dar Global and the Trump Organization have said that the tower will be fully constructed by December 2029.
Trade Arabia
21-05-2025
- Automotive
- Trade Arabia
Dar Global awards contract for key Spanish residential project
Dar Global, the London-listed luxury real estate developer, has appointed ENE Construccion Amaz SL as the main works contractor for Tierra Viva, its signature residential project nestled in the hills of Benahavís on Spain's Costa del Sol. The appointment marks the start of full-scale construction on one of Southern Europe's most exclusive villa communities, with architectural design inspired by the iconic Automobili Lamborghini. Expected to be completed in December 2027, Tierra Viva represents Dar Global's first residential venture in continental Europe and a continuation of the company's strategy to develop world-class properties in iconic destinations. Tierra Viva is a private gated enclave comprising a limited collection of ultra-luxury villas, each positioned at a unique elevation to capture uninterrupted views of the Mediterranean Sea. Located just minutes from Marbella, the development combines bold architectural language with a refined lifestyle offering, echoing the precision, performance, and power long associated with the Lamborghini name. Each villa, ranging from 4 to 6 bedrooms and spanning up to 1,450 sqm, is meticulously designed to offer a seamless indoor-outdoor experience, featuring private pools, saunas, car lifts, and expansive terraces. On ENE Construccion Amaz SL, Dar Global said the group was selected for its technical excellence and its strong reputation in delivering upscale residential projects across Spain.
Trade Arabia
21-05-2025
- Business
- Trade Arabia
Trump Tower Dubai permits crypto payments via Deus X Pay
Deus X Pay, a licensed institutional stablecoin payment solution setting new standards across the luxury sectors, is now enabling crypto payments for property purchases at the new Trump Tower Dubai, the first Trump International Hotel to be built in the Middle East. The new $1 billion Trump Tower Dubai, unveiled through a partnership with London-listed Dar Global, marks a breakthrough in global luxury real estate. Eric Trump, the Executive Vice President of the Trump Organisation and son of US President Donald Trump, has recently announced that Bitcoin and other digital currencies will be accepted for condo sales. Ziad El Chaar, CEO of Dar Global, said the Trump Tower Dubai is among the most ambitious Trump-branded residential towers globally, reflecting the project's magnitude, stature, and symbolic significance in the region and internationally. A licensed Virtual Asset Service Provider (VASP) in Lithuania, Deus X Pay offers institutional stablecoin payment solutions, enabling luxury sectors such as real estate, aviation and yachting to capitalise on this new era of finance. "Dubai has created an environment where stablecoins can flourish as a practical, secure tool for international transactions (with Crypto Watch reporting that crypto adoption in the UAE is expected to surge 210% in 2025), giving premium buyers faster, frictionless access to high-value assets," remarked Deus X Pay CEO Richard Crook. "Dubai's forward-thinking stance has unlocked a whole new economy, and the gold standard for transactions for high-value assets. International buyers seek faster settlements, fewer cross-border complications and seamless access to premium developments," explained Crook. He pointed out that this project was a defining moment - not just for Deus X Pay, but for the global real estate sector. "We are thrilled to deliver the regulated rails that make it possible for premium property buyers to transact instantly, compliantly and without the traditional delays or friction," he stated. The Trump Tower Dubai, an 80-story architectural icon, offers the highest international standards for ultra-high-net-worth travellers and long-stay residents. The exclusive building boasts 2-3 bedroom apartments and 4-bedroom penthouses valued at over AED73 million ($19.8 million), the highest outdoor swimming pool in the world, and has views of the world's tallest building, the Burj Khalifa, said Crook.
Zawya
21-05-2025
- Business
- Zawya
Trump Tower Dubai permits crypto payments via Deus X Pay
Deus X Pay, a licensed institutional stablecoin payment solution setting new standards across the luxury sectors, is now enabling crypto payments for property purchases at the new Trump Tower Dubai, the first Trump International Hotel to be built in the Middle East. The new $1 billion Trump Tower Dubai, unveiled through a partnership with London-listed Dar Global, marks a breakthrough in global luxury real estate. Eric Trump, the Executive Vice President of the Trump Organisation and son of US President Donald Trump, has recently announced that Bitcoin and other digital currencies will be accepted for condo sales. Ziad El Chaar, CEO of Dar Global, said the Trump Tower Dubai is among the most ambitious Trump-branded residential towers globally, reflecting the project's magnitude, stature, and symbolic significance in the region and internationally. A licensed Virtual Asset Service Provider (VASP) in Lithuania, Deus X Pay offers institutional stablecoin payment solutions, enabling luxury sectors such as real estate, aviation and yachting to capitalise on this new era of finance. "Dubai has created an environment where stablecoins can flourish as a practical, secure tool for international transactions (with Crypto Watch reporting that crypto adoption in the UAE is expected to surge 210% in 2025), giving premium buyers faster, frictionless access to high-value assets," remarked Deus X Pay CEO Richard Crook. "Dubai's forward-thinking stance has unlocked a whole new economy, and the gold standard for transactions for high-value assets. International buyers seek faster settlements, fewer cross-border complications and seamless access to premium developments," explained Crook. He pointed out that this project was a defining moment - not just for Deus X Pay, but for the global real estate sector. "We are thrilled to deliver the regulated rails that make it possible for premium property buyers to transact instantly, compliantly and without the traditional delays or friction," he stated. The Trump Tower Dubai, an 80-story architectural icon, offers the highest international standards for ultra-high-net-worth travellers and long-stay residents. The exclusive building boasts 2-3 bedroom apartments and 4-bedroom penthouses valued at over AED73 million ($19.8 million), the highest outdoor swimming pool in the world, and has views of the world's tallest building, the Burj Khalifa, said Crook. This new skyscraper is part of an expanding trend across private aviation, superyachts, and luxury collectables as high-end sectors embrace digital assets as a payment option to future-proof legacy industries, he added. Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
